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273 hedge funds and large institutions have $2.89B invested in Trex in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 104 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $8.08M | Put options by funds: $7.72M

2% more capital invested

Capital invested by funds: $2.84B → $2.89B (+$46.2M)

3% less funds holding

Funds holding: 281273 (-8)

3.89% less ownership

Funds ownership: 364.72%360.83% (-3.9%)

14% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 42

20% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 104

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
273
Holders Change
-8
Holders Change %
-2.85%
% of All Funds
6.26%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
36
Increased
83
Reduced
104
Closed
42
Calls
$8.08M
Puts
$7.72M
Net Calls
+$361K
Net Calls Change
-$4.43M
Name Holding Trade Value Shares
Change
Change in
Stake
HI
251
Harrington Investments
California
$11K +$11K +400 New
QCG
252
Quadrant Capital Group
Ohio
$11K +$11.9K +432 +470%
RA
253
Royce & Associates
New York
$10K -$110 -4 -1%
APP
254
Avantax Planning Partners
Iowa
$10K +$9.91K +360 New
MAM
255
Meeder Asset Management
Ohio
$10K +$10.2K +372 +4,650%
Parallax Volatility Advisers
256
Parallax Volatility Advisers
California
$9K -$486K -17,656 -98%
IA
257
IFP Advisors
Florida
$9K
SPIA
258
Steward Partners Investment Advisory
New York
$5K
WAM
259
Wealthspire Advisors (Maryland)
Maryland
$5K +$991 +36 +22%
WTB
260
Washington Trust Bank
Washington
$5K +$4.85K +176 New
IWM
261
IHT Wealth Management
Illinois
$5K +$4.96K +180 New
TCOV
262
Trust Company of Vermont
Vermont
$3K
VFA
263
Valeo Financial Advisors
Indiana
$3K
IFAM
264
Institutional & Family Asset Management
Colorado
$3K +$2.97K +108 New
VCM
265
Versant Capital Management
Arizona
$2K -$661 -24 -19%
PFBT
266
Parkside Financial Bank & Trust
Missouri
$2K +$881 +32 +67%
MPWT
267
MassMutual Private Wealth & Trust
Connecticut
$1.41K
AssetMark Inc
268
AssetMark Inc
California
$1K -$1.1K -40 -67%
FGC
269
Financial Gravity Companies
Texas
$1K -$441 -16 -36%
QI
270
QS Investors
New York
$1K
TWA
271
TCI Wealth Advisors
Arizona
$1K
FGAM
272
Financial Gravity Asset Management
Texas
$1K +$771 +28 New
CAW
273
Cornerstone Advisors (Washington)
Washington
$1K +$991 +36 New
WHG
274
Westwood Holdings Group
Texas
-$13.1M -481,712 Closed
WG
275
Winton Group
United Kingdom
-$5.8M -214,228 Closed

TREX Hedge Fund Activity: Q1 2018 in Review

273 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2018, worth a combined $2.89B — up 1.6% from $2.84B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of TREX and 36 opened new positions — a net loss of 6 holders — while 104 trimmed existing stakes and 83 added.

The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $48.4M. The largest seller was Janus Henderson Group, cutting an estimated $46.5M.

  • 273 institutional investors held Trex (TREX) as of Q1 2018, down from 281 in Q4 2017.
  • Funds reported $2.89B of Trex stock for Q1 2018, up 1.6% quarter-over-quarter.
  • 36 funds opened new Trex positions in Q1 2018 and 42 closed out, a net change of -6 holders.
  • The largest Trex buyer in Q1 2018 was Waddell & Reed Financial, an estimated $48.4M added.
  • The largest Trex seller in Q1 2018 was Janus Henderson Group, an estimated $46.5M sold.

Based on aggregated 13F filings for Q1 2018.