Terex
TEX
311 hedge funds and large institutions have $3.1B invested in Terex in 2018 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 96 increasing their positions, 105 reducing their positions, and 31 closing their positions.
84% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 31
77% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $9.67M
10% more capital invested
Capital invested by funds: $2.82B → $3.1B (+$279M)
9% more funds holding
Funds holding: 286 → 311 (+25)
3.6% more ownership
Funds ownership: 93.22% → 96.82% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$67.4M |
| 2 |
Goldman Sachs
New York
|
+$24M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$17.8M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$15.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$74.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$35.6M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$33.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$29.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$26.5M |
TEX Hedge Fund Activity: Q2 2018 in Review
311 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q2 2018, worth a combined $3.1B — up 9.9% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new TEX positions and 31 closed out — a net gain of 26 holders — while 96 added to existing stakes and 105 trimmed.
The largest buyer was TIAA CREF Investment Management, adding an estimated $67.4M. The largest seller was JP Morgan Chase, cutting an estimated $74.4M.
- 311 institutional investors held Terex (TEX) as of Q2 2018, up from 286 in Q1 2018.
- Funds reported $3.1B of Terex stock for Q2 2018, up 9.9% quarter-over-quarter.
- 57 funds opened new Terex positions in Q2 2018 and 31 closed out, a net change of +26 holders.
- The largest Terex buyer in Q2 2018 was TIAA CREF Investment Management, an estimated $67.4M added.
- The largest Terex seller in Q2 2018 was JP Morgan Chase, an estimated $74.4M sold.
Based on aggregated 13F filings for Q2 2018.