Trex
TREX
483 hedge funds and large institutions have $8.72B invested in Trex in 2023 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 172 increasing their positions, 177 reducing their positions, and 56 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
33% more capital invested
Capital invested by funds: $6.56B → $8.72B (+$2.16B)
20% more call options, than puts
Call options by funds: $85.7M | Put options by funds: $71.6M
11% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 56
0% more funds holding
Funds holding: 481 → 483 (+2)
0.87% less ownership
Funds ownership: 97.87% → 97.01% (-0.87%)
3% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 177
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$89M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$44.5M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$43.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.1M |
| 5 |
Morgan Stanley
New York
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$55.3M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$48.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$42.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$41M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$37.9M |
TREX Hedge Fund Activity: Q4 2023 in Review
483 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2023, worth a combined $8.72B — up 33% from $6.56B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TREX positions and 56 closed out — a net gain of 6 holders — while 172 added to existing stakes and 177 trimmed.
The largest buyer was TD Asset Management, adding an estimated $89M. The largest seller was Millennium Management, cutting an estimated $55.3M.
- 483 institutional investors held Trex (TREX) as of Q4 2023, up from 481 in Q3 2023.
- Funds reported $8.72B of Trex stock for Q4 2023, up 33% quarter-over-quarter.
- 62 funds opened new Trex positions in Q4 2023 and 56 closed out, a net change of +6 holders.
- The largest Trex buyer in Q4 2023 was TD Asset Management, an estimated $89M added.
- The largest Trex seller in Q4 2023 was Millennium Management, an estimated $55.3M sold.
Based on aggregated 13F filings for Q4 2023.