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251 hedge funds and large institutions have $2B invested in Terex in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

137% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $4.53M

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 91

3.83% less ownership

Funds ownership: 93.19%89.36% (-3.8%)

5% less capital invested

Capital invested by funds: $2.11B → $2B (-$109M)

9% less funds holding

Funds holding: 277251 (-26)

42% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 53

Holders
251
Holders Change
-26
Holders Change %
-9.39%
% of All Funds
5.45%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
31
Increased
88
Reduced
91
Closed
53
Calls
$10.7M
Puts
$4.53M
Net Calls
+$6.2M
Net Calls Change
+$5.85M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$221M +$40M +1,301,760 +23%
Vanguard Group
2
Vanguard Group
Pennsylvania
$197M -$15.4M -500,972 -7%
Pzena Investment Management
3
Pzena Investment Management
New York
$109M +$7.63M +248,600 +8%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$100M -$3.3M -107,595 -3%
N
5
Nuveen
North Carolina
$90.6M +$88.2M +2,873,134 +21,370%
PP
6
Prudential plc
United Kingdom
$80.3M +$359K +11,700 +0.5%
AllianceBernstein
7
AllianceBernstein
Tennessee
$79.3M +$17.7M +577,460 +30%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$70.8M +$8.3M +270,280 +14%
State Street
9
State Street
Massachusetts
$65.9M +$14.4M +467,747 +29%
Fisher Asset Management
10
Fisher Asset Management
Washington
$63.6M -$1.94M -63,058 -3%
Barrow, Hanley, Mewhinney & Strauss
11
Barrow, Hanley, Mewhinney & Strauss
Texas
$63.4M -$5.03M -163,792 -7%
Morgan Stanley
12
Morgan Stanley
New York
$55.3M -$67.7M -2,205,417 -56%
LSV Asset Management
13
LSV Asset Management
Illinois
$53.4M -$715K -23,300 -1%
MCM
14
Marcato Capital Management
California
$40.8M -$49M -1,595,447 -55%
Goldman Sachs
15
Goldman Sachs
New York
$39.1M +$16.1M +525,857 +73%
Prudential Financial
16
Prudential Financial
New Jersey
$37.1M +$27.4M +893,799 +312%
TG
17
TCW Group
California
$36.2M -$9.43M -307,341 -21%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$36M -$799K -26,029 -2%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$33.4M +$4.79M +156,095 +17%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$24.4M +$3.3M +107,509 +16%
MPMG
21
Minneapolis Portfolio Management Group
Minnesota
$24M +$2.62M +85,205 +13%
Norges Bank
22
Norges Bank
Norway
$23M -$882K -28,731 -4%
Jennison Associates
23
Jennison Associates
New York
$20.5M -$1.34M -43,691 -6%
Northern Trust
24
Northern Trust
Illinois
$18M +$895K +29,142 +5%
AQR Capital Management
25
AQR Capital Management
Connecticut
$16.9M +$8.39M +273,431 +103%

TEX Hedge Fund Activity: Q2 2019 in Review

251 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q2 2019, worth a combined $2B — down 5.2% from $2.11B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of TEX and 31 opened new positions — a net loss of 22 holders — while 91 trimmed existing stakes and 88 added.

The largest buyer was Nuveen, adding an estimated $88.2M. The largest seller was Morgan Stanley, cutting an estimated $67.7M.

  • 251 institutional investors held Terex (TEX) as of Q2 2019, down from 277 in Q1 2019.
  • Funds reported $2B of Terex stock for Q2 2019, down 5.2% quarter-over-quarter.
  • 31 funds opened new Terex positions in Q2 2019 and 53 closed out, a net change of -22 holders.
  • The largest Terex buyer in Q2 2019 was Nuveen, an estimated $88.2M added.
  • The largest Terex seller in Q2 2019 was Morgan Stanley, an estimated $67.7M sold.

Based on aggregated 13F filings for Q2 2019.