Trex
TREX
279 hedge funds and large institutions have $3.34B invested in Trex in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 92 reducing their positions, and 24 closing their positions.
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
16% more capital invested
Capital invested by funds: $2.89B → $3.34B (+$452M)
2% more funds holding
Funds holding: 273 → 279 (+6)
5% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 92
36% less call options, than puts
Call options by funds: $8.87M | Put options by funds: $13.8M
179.75% less ownership
Funds ownership: 360.83% → 181.08% (-180%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$26.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$20.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$11.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.36M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$7.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.9M |
| 3 |
Millennium Management
New York
|
-$12.8M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.5M |
| 5 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$7.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APP
301
Avantax Planning Partners
Dubuque,
Iowa
| – | -$10K | -360 | Closed |
|
|
RA
302
Royce & Associates
New York
| – | -$10K | -360 | Closed |
|
303
Parallax Volatility Advisers
San Francisco,
California
| – | -$8.87K | -306 | -96% |
|
|
IWM
304
IHT Wealth Management
Chicago,
Illinois
| – | -$5K | -180 | Closed |
|
TREX Hedge Fund Activity: Q2 2018 in Review
279 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2018, worth a combined $3.34B — up 16% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TREX positions and 24 closed out — a net gain of 7 holders — while 97 added to existing stakes and 92 trimmed.
The largest buyer was BlackRock, adding an estimated $26.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $62.2M sold.
- 279 institutional investors held Trex (TREX) as of Q2 2018, up from 273 in Q1 2018.
- Funds reported $3.34B of Trex stock for Q2 2018, up 16% quarter-over-quarter.
- 31 funds opened new Trex positions in Q2 2018 and 24 closed out, a net change of +7 holders.
- The largest Trex buyer in Q2 2018 was BlackRock, an estimated $26.9M added.
- The largest Trex seller in Q2 2018 was Fidelity Investments, an estimated $62.2M sold.
Based on aggregated 13F filings for Q2 2018.