Terex
TEX
251 hedge funds and large institutions have $1.64B invested in Terex in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 88 increasing their positions, 81 reducing their positions, and 38 closing their positions.
2.22% more ownership
Funds ownership: 80.01% → 82.24% (+2.2%)
9% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 81
7% more call options, than puts
Call options by funds: $26M | Put options by funds: $24.3M
3% more capital invested
Capital invested by funds: $1.6B → $1.64B (+$43.9M)
2% less funds holding
Funds holding: 257 → 251 (-6)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$44.9M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$29.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.2M |
| 5 |
Morgan Stanley
New York
|
+$9.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$30M |
| 2 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$29.7M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$13.6M |
| 4 |
Barclays
London,
United Kingdom
|
-$11.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1M |
TEX Hedge Fund Activity: Q4 2015 in Review
251 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q4 2015, worth a combined $1.64B — up 2.8% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TEX and 34 opened new positions — a net loss of 4 holders — while 81 trimmed existing stakes and 88 added.
The largest buyer was TIAA CREF Investment Management, adding an estimated $44.9M. The largest seller was Millennium Management, cutting an estimated $30M.
- 251 institutional investors held Terex (TEX) as of Q4 2015, down from 257 in Q3 2015.
- Funds reported $1.64B of Terex stock for Q4 2015, up 2.8% quarter-over-quarter.
- 34 funds opened new Terex positions in Q4 2015 and 38 closed out, a net change of -4 holders.
- The largest Terex buyer in Q4 2015 was TIAA CREF Investment Management, an estimated $44.9M added.
- The largest Terex seller in Q4 2015 was Millennium Management, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2015.