Trex
TREX
464 hedge funds and large institutions have $5.72B invested in Trex in 2025 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 150 increasing their positions, 162 reducing their positions, and 57 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
39% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 57
4% more funds holding
Funds holding: 445 → 464 (+19)
4% less call options, than puts
Call options by funds: $9.6M | Put options by funds: $10M
7% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 162
3.58% less ownership
Funds ownership: 106.54% → 102.96% (-3.6%)
8% less capital invested
Capital invested by funds: $6.21B → $5.72B (-$490M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$96.8M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
+$56.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$55.9M |
| 4 |
Neuberger Berman Group
New York
|
+$43.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$424M |
| 2 |
BlackRock
New York
|
-$123M |
| 3 |
KPM
Kinetic Partners Management
Miami,
Florida
|
-$57.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$48.9M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$43.4M |
TREX Hedge Fund Activity: Q3 2025 in Review
464 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2025, worth a combined $5.72B — down 7.9% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new TREX positions and 57 closed out — a net gain of 22 holders — while 150 added to existing stakes and 162 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $96.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $424M.
- 464 institutional investors held Trex (TREX) as of Q3 2025, up from 445 in Q2 2025.
- Funds reported $5.72B of Trex stock for Q3 2025, down 7.9% quarter-over-quarter.
- 79 funds opened new Trex positions in Q3 2025 and 57 closed out, a net change of +22 holders.
- The largest Trex buyer in Q3 2025 was AQR Capital Management, an estimated $96.8M added.
- The largest Trex seller in Q3 2025 was T. Rowe Price Associates, an estimated $424M sold.
Based on aggregated 13F filings for Q3 2025.