Trex
TREX
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.
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: 281 → 273 (-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: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$48.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.5M |
| 3 |
BlackRock
New York
|
+$19.6M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$17.1M |
| 5 |
Millennium Management
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$46.5M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$33M |
| 3 |
Morgan Stanley
New York
|
-$15.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$13.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$13M |
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.