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286 hedge funds and large institutions have $2.82B invested in Terex in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 92 increasing their positions, 105 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more call options, than puts

Call options by funds: $31.8M | Put options by funds: $11.8M

1.09% less ownership

Funds ownership: 94.31%93.22% (-1.1%)

9% less funds holding

Funds holding: 313286 (-27)

12% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 105

26% less capital invested

Capital invested by funds: $3.82B → $2.82B (-$999M)

32% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 68

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
286
Holders Change
-27
Holders Change %
-8.63%
% of All Funds
6.56%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
46
Increased
92
Reduced
105
Closed
68
Calls
$31.8M
Puts
$11.8M
Net Calls
+$20M
Net Calls Change
+$55.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$292M +$21.2M +489,539 +7%
BlackRock
2
BlackRock
New York
$272M +$17.5M +404,164 +6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$146M -$30.2M -695,154 -15%
Morgan Stanley
4
Morgan Stanley
New York
$117M -$3.71M -85,450 -3%
Pzena Investment Management
5
Pzena Investment Management
New York
$116M -$6.19M -142,584 -4%
MCM
6
Marcato Capital Management
California
$108M
PP
7
Prudential plc
United Kingdom
$99.8M +$13.3M +307,700 +13%
TG
8
TCW Group
California
$91.5M -$1.56M -35,850 -1%
JP Morgan Chase
9
JP Morgan Chase
New York
$84.1M -$10.7M -245,512 -10%
State Street
10
State Street
Massachusetts
$79.8M -$4.02M -92,617 -4%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$75.9M +$1.52M +35,013 +2%
AllianceBernstein
12
AllianceBernstein
Tennessee
$64.9M -$15.4M -355,616 -17%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$64.7M -$416K -9,594 -0.6%
Fuller & Thaler Asset Management
14
Fuller & Thaler Asset Management
California
$62.5M +$14.3M +329,666 +25%
AQR Capital Management
15
AQR Capital Management
Connecticut
$56.2M +$11.3M +259,839 +21%
Goldman Sachs
16
Goldman Sachs
New York
$47.8M -$55.3M -1,275,777 -50%
Canada Pension Plan Investment Board
17
Canada Pension Plan Investment Board
Ontario, Canada
$46M +$50.9M +1,174,400 +2,120%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$44.6M +$9.19M +211,773 +22%
SFM
19
Systematic Financial Management
New Jersey
$44.5M +$225K +5,194 +0.4%
TCIM
20
TIAA CREF Investment Management
New York
$42M -$58.2M -1,341,054 -54%
Jennison Associates
21
Jennison Associates
New York
$39.5M +$67.2K +1,548 +0.1%
Prudential Financial
22
Prudential Financial
New Jersey
$37.6M -$29.4M -678,260 -40%
Norges Bank
23
Norges Bank
Norway
$35.5M -$1.33M -30,700 -3%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$26.7M -$1.57M -36,078 -5%
MPMG
25
Minneapolis Portfolio Management Group
Minnesota
$25.7M -$4.31M -99,345 -13%

TEX Hedge Fund Activity: Q1 2018 in Review

286 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q1 2018, worth a combined $2.82B — down 26% from $3.82B a quarter earlier.

Sellers outnumbered buyers: 68 funds closed out of TEX and 46 opened new positions — a net loss of 22 holders — while 105 trimmed existing stakes and 92 added.

The largest buyer was Canada Pension Plan Investment Board, adding an estimated $50.9M. The largest seller was TIAA CREF Investment Management, cutting an estimated $58.2M.

  • 286 institutional investors held Terex (TEX) as of Q1 2018, down from 313 in Q4 2017.
  • Funds reported $2.82B of Terex stock for Q1 2018, down 26% quarter-over-quarter.
  • 46 funds opened new Terex positions in Q1 2018 and 68 closed out, a net change of -22 holders.
  • The largest Terex buyer in Q1 2018 was Canada Pension Plan Investment Board, an estimated $50.9M added.
  • The largest Terex seller in Q1 2018 was TIAA CREF Investment Management, an estimated $58.2M sold.

Based on aggregated 13F filings for Q1 2018.