Trex
TREX
314 hedge funds and large institutions have $4.09B invested in Trex in 2018 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 97 increasing their positions, 113 reducing their positions, and 18 closing their positions.
200% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 18
23% more capital invested
Capital invested by funds: $3.34B → $4.09B (+$755M)
13% more funds holding
Funds holding: 279 → 314 (+35)
0.04% more ownership
Funds ownership: 181.08% → 181.12% (+0.04%)
14% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 113
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less call options, than puts
Call options by funds: $12M | Put options by funds: $19.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$19.4M |
| 2 |
BlackRock
New York
|
+$18.1M |
| 3 |
O
OppenheimerFunds
New York
|
+$17.8M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$15.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$34M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$31.3M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$20.4M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$12.3M |
| 5 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWAC
326
Mariner Wealth Advisors (Cincinnati)
Cincinnati,
Ohio
| – | -$200K | -6,400 | Closed |
|
|
STA
327
Summit Trail Advisors
New York
| – | -$121K | -3,876 | Closed |
|
|
GT
328
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$89K | -2,828 | Closed |
|
|
GBBWRPM
329
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$25K | -800 | Closed |
|
330
Acadian Asset Management
Boston,
Massachusetts
| – | -$25K | -790 | Closed |
|
|
FGAM
331
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1K | -26 | Closed |
|
TREX Hedge Fund Activity: Q3 2018 in Review
314 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2018, worth a combined $4.09B — up 23% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new TREX positions and 18 closed out — a net gain of 36 holders — while 97 added to existing stakes and 113 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $19.4M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $34M.
- 314 institutional investors held Trex (TREX) as of Q3 2018, up from 279 in Q2 2018.
- Funds reported $4.09B of Trex stock for Q3 2018, up 23% quarter-over-quarter.
- 54 funds opened new Trex positions in Q3 2018 and 18 closed out, a net change of +36 holders.
- The largest Trex buyer in Q3 2018 was Renaissance Technologies, an estimated $19.4M added.
- The largest Trex seller in Q3 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $34M sold.
Based on aggregated 13F filings for Q3 2018.