Terex
393 hedge funds and large institutions have $3.63B invested in Terex in 2023 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 140 increasing their positions, 145 reducing their positions, and 40 closing their positions.
38% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 40
3% more funds holding
Funds holding: 382 → 393 (+11)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.74% less ownership
Funds ownership: 93.95% → 93.21% (-0.74%)
3% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 145
13% less capital inflows, than outflows
Capital inflows: $305M | Capital outflows: $350M
22% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $37.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jupiter Asset Management
London,
United Kingdom
|
+$37.9M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$20.4M |
| 3 |
Millennium Management
New York
|
+$18M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$15.7M |
| 5 |
Two Sigma Investments
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$104M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$30.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.9M |
| 4 |
Goldman Sachs
New York
|
-$17.4M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$14M |
TEX Hedge Fund Activity: Q3 2023 in Review
393 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q3 2023, worth a combined $3.63B — down 4.8% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TEX positions and 40 closed out — a net gain of 15 holders — while 140 added to existing stakes and 145 trimmed.
The largest buyer was Jupiter Asset Management, opening a new position worth an estimated $37.9M. The largest seller was Pzena Investment Management, cutting an estimated $104M.
- 393 institutional investors held Terex (TEX) as of Q3 2023, up from 382 in Q2 2023.
- Funds reported $3.63B of Terex stock for Q3 2023, down 4.8% quarter-over-quarter.
- 55 funds opened new Terex positions in Q3 2023 and 40 closed out, a net change of +15 holders.
- The largest Terex buyer in Q3 2023 was Jupiter Asset Management, an estimated $37.9M added.
- The largest Terex seller in Q3 2023 was Pzena Investment Management, an estimated $104M sold.
Based on aggregated 13F filings for Q3 2023.