Terex
257 hedge funds and large institutions have $2.84B invested in Terex in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 96 increasing their positions, 89 reducing their positions, and 38 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 89
3% less capital invested
Capital invested by funds: $2.94B → $2.84B (-$99.4M)
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
2.65% less ownership
Funds ownership: 87.96% → 85.32% (-2.6%)
4% less funds holding
Funds holding: 267 → 257 (-10)
13% less call options, than puts
Call options by funds: $32.7M | Put options by funds: $37.5M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$263M |
| 2 |
Goldman Sachs
New York
|
+$74.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$60M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$29.6M |
| 5 |
CCI
Columbus Circle Investors
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$64.6M |
| 2 |
Morgan Stanley
New York
|
-$59M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.2M |
| 4 |
Millennium Management
New York
|
-$46.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$31.1M |
TEX Hedge Fund Activity: Q1 2017 in Review
257 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q1 2017, worth a combined $2.84B — down 3.4% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TEX and 35 opened new positions — a net loss of 3 holders — while 89 trimmed existing stakes and 96 added.
The largest buyer was BlackRock, adding an estimated $263M. The largest seller was Brandywine Global Investment Management, cutting an estimated $64.6M.
- 257 institutional investors held Terex (TEX) as of Q1 2017, down from 267 in Q4 2016.
- Funds reported $2.84B of Terex stock for Q1 2017, down 3.4% quarter-over-quarter.
- 35 funds opened new Terex positions in Q1 2017 and 38 closed out, a net change of -3 holders.
- The largest Terex buyer in Q1 2017 was BlackRock, an estimated $263M added.
- The largest Terex seller in Q1 2017 was Brandywine Global Investment Management, an estimated $64.6M sold.
Based on aggregated 13F filings for Q1 2017.