Terex
316 hedge funds and large institutions have $4.5B invested in Terex in 2014 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 92 increasing their positions, 132 reducing their positions, and 36 closing their positions.
72% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 36
25% more call options, than puts
Call options by funds: $75M | Put options by funds: $59.8M
7% more funds holding
Funds holding: 294 → 316 (+22)
6% more capital invested
Capital invested by funds: $4.25B → $4.5B (+$251M)
1.01% more ownership
Funds ownership: 90.91% → 91.92% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
30% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$104M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$62.5M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$61.6M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$58.6M |
| 5 |
Pzena Investment Management
New York
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.6M |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$44.7M |
| 3 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$32.8M |
| 4 |
Goldman Sachs
New York
|
-$31.3M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$30.7M |
TEX Hedge Fund Activity: Q1 2014 in Review
316 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q1 2014, worth a combined $4.5B — up 5.9% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TEX positions and 36 closed out — a net gain of 26 holders — while 92 added to existing stakes and 132 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $104M. The largest seller was Fidelity Investments, cutting an estimated $79.6M.
- 316 institutional investors held Terex (TEX) as of Q1 2014, up from 294 in Q4 2013.
- Funds reported $4.5B of Terex stock for Q1 2014, up 5.9% quarter-over-quarter.
- 62 funds opened new Terex positions in Q1 2014 and 36 closed out, a net change of +26 holders.
- The largest Terex buyer in Q1 2014 was Lord, Abbett & Co, an estimated $104M added.
- The largest Terex seller in Q1 2014 was Fidelity Investments, an estimated $79.6M sold.
Based on aggregated 13F filings for Q1 2014.