Tredegar Corp
155 hedge funds and large institutions have $432M invested in Tredegar Corp in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 56 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $371M → $432M (+$60.4M)
3% more funds holding
Funds holding: 150 → 155 (+5)
0.91% less ownership
Funds ownership: 67.27% → 66.36% (-0.91%)
27% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 56
97% less call options, than puts
Call options by funds: $1K | Put options by funds: $39K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$2.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.09M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.9M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.43M |
| 5 |
JP Morgan Chase
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$6.95M |
| 2 |
Morgan Stanley
New York
|
-$1.36M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$1.36M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.05M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$782K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPM
151
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$1.36M | -81,591 | Closed |
|
|
WG
152
Winton Group
London,
United Kingdom
| – | -$782K | -47,053 | Closed |
|
|
AIM
153
Alambic Investment Management
Belvedere,
California
| – | -$688K | -41,381 | Closed |
|
154
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$537K | -32,423 | Closed |
|
|
GCP
155
GSA Capital Partners
London,
United Kingdom
| – | -$383K | -23,025 | Closed |
|
|
MF
156
Manchester Financial
Westlake Village,
California
| – | -$32K | -1,950 | Closed |
|
|
OIA
157
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$5K | -300 | Closed |
|
|
BFEC
158
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -266 | Closed |
|
|
LC
159
Lindbrook Capital
Calabasas,
California
| – | -$1K | -71 | Closed |
|
160
Rockefeller Capital Management
New York
| – | -$1K | -67 | Closed |
|
161
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -41 | Closed |
|
|
PHK
162
Point72 Hong Kong
Hong Kong
| – | -$1K | -34 | Closed |
|
TG Hedge Fund Activity: Q3 2019 in Review
155 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Tredegar Corp (TG) for Q3 2019, worth a combined $432M — up 16% from $371M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TG positions and 12 closed out — a net gain of 6 holders — while 41 added to existing stakes and 56 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $2.4M. The largest seller was GAMCO Investors, cutting an estimated $6.95M.
- 155 institutional investors held Tredegar Corp (TG) as of Q3 2019, up from 150 in Q2 2019.
- Funds reported $432M of Tredegar Corp stock for Q3 2019, up 16% quarter-over-quarter.
- 18 funds opened new Tredegar Corp positions in Q3 2019 and 12 closed out, a net change of +6 holders.
- The largest Tredegar Corp buyer in Q3 2019 was Cooper Creek Partners Management, an estimated $2.4M added.
- The largest Tredegar Corp seller in Q3 2019 was GAMCO Investors, an estimated $6.95M sold.
Based on aggregated 13F filings for Q3 2019.