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256 hedge funds and large institutions have $1.87B invested in Terex in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 67 increasing their positions, 99 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more call options, than puts

Call options by funds: $4.04M | Put options by funds: $3.24M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

11.71% less ownership

Funds ownership: 103.6%91.89% (-12%)

14% less funds holding

Funds holding: 297256 (-41)

32% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 99

39% less capital invested

Capital invested by funds: $3.04B → $1.87B (-$1.17B)

49% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 80

Holders
256
Holders Change
-41
Holders Change %
-13.8%
% of All Funds
5.7%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
41
Increased
67
Reduced
99
Closed
80
Calls
$4.04M
Puts
$3.24M
Net Calls
+$801K
Net Calls Change
-$9.26M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$213M -$1.76M -55,150 -0.7%
BlackRock
2
BlackRock
New York
$161M -$8.1M -253,184 -4%
TCIM
3
TIAA CREF Investment Management
New York
$141M -$31.7M -989,975 -16%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$91.6M -$6.11M -191,231 -5%
Pzena Investment Management
5
Pzena Investment Management
New York
$89.7M +$7.48K +234 +0%
Morgan Stanley
6
Morgan Stanley
New York
$80.3M -$3.58M -111,941 -4%
MCM
7
Marcato Capital Management
California
$79.8M
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$72.9M +$16M +501,694 +23%
PP
9
Prudential plc
United Kingdom
$72.2M +$6.74M +210,800 +9%
Fisher Asset Management
10
Fisher Asset Management
Washington
$61.5M +$1.13M +35,282 +2%
Barrow, Hanley, Mewhinney & Strauss
11
Barrow, Hanley, Mewhinney & Strauss
Texas
$60.3M +$18.8M +586,881 +37%
AllianceBernstein
12
AllianceBernstein
Tennessee
$52.3M +$1.59M +49,649 +3%
TG
13
TCW Group
California
$46.4M -$8M -250,088 -13%
State Street
14
State Street
Massachusetts
$44.7M -$5.54M -173,263 -10%
LSV Asset Management
15
LSV Asset Management
Illinois
$44.4M +$38.6M +1,206,820 +299%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$32.9M -$690K -21,582 -2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$31.7M -$10.4M -324,041 -22%
Franklin Resources
18
Franklin Resources
California
$22.8M +$15.8M +495,518 +150%
Jennison Associates
19
Jennison Associates
New York
$21.4M -$8.48M -265,168 -25%
Norges Bank
20
Norges Bank
Norway
$21M
MPMG
21
Minneapolis Portfolio Management Group
Minnesota
$19.7M +$824K +25,754 +4%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$18.2M +$1.87M +58,616 +10%
Northern Trust
23
Northern Trust
Illinois
$15.3M -$188K -5,868 -1%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$15.2M +$1.69M +52,827 +11%
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$15.1M +$2.59M +81,050 +17%

TEX Hedge Fund Activity: Q4 2018 in Review

256 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q4 2018, worth a combined $1.87B — down 39% from $3.04B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of TEX and 41 opened new positions — a net loss of 39 holders — while 99 trimmed existing stakes and 67 added.

The largest buyer was LSV Asset Management, adding an estimated $38.6M. The largest seller was Jupiter Investment Management, exiting entirely with an estimated $61M sold.

  • 256 institutional investors held Terex (TEX) as of Q4 2018, down from 297 in Q3 2018.
  • Funds reported $1.87B of Terex stock for Q4 2018, down 39% quarter-over-quarter.
  • 41 funds opened new Terex positions in Q4 2018 and 80 closed out, a net change of -39 holders.
  • The largest Terex buyer in Q4 2018 was LSV Asset Management, an estimated $38.6M added.
  • The largest Terex seller in Q4 2018 was Jupiter Investment Management, an estimated $61M sold.

Based on aggregated 13F filings for Q4 2018.