Trex
TREX
316 hedge funds and large institutions have $5.61B invested in Trex in 2019 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 100 increasing their positions, 113 reducing their positions, and 41 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
34% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 41
24% more capital invested
Capital invested by funds: $4.51B → $5.61B (+$1.1B)
5% more funds holding
Funds holding: 302 → 316 (+14)
2% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $25.3M
4.02% less ownership
Funds ownership: 215.32% → 211.3% (-4%)
12% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$84.8M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$38.6M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$26.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$21M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$61.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$54.1M |
| 3 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$44M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$32.6M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$25.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$7K | -200 | Closed |
|
|
AIL
352
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$5K | -142 | Closed |
|
|
JCM
353
Julex Capital Management
Wellesley,
Massachusetts
| – | -$2K | -78 | Closed |
|
|
RCG
354
Ruggie Capital Group
Tavares,
Florida
| – | -$2K | -48 | Closed |
|
|
NL
355
NVWM LLC
Yardley,
Pennsylvania
| – | -$1K | -40 | Closed |
|
|
CAW
356
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -36 | Closed |
|
357
AssetMark Inc
Concord,
California
| – | -$1K | -20 | Closed |
|
TREX Hedge Fund Activity: Q3 2019 in Review
316 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2019, worth a combined $5.61B — up 24% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TREX positions and 41 closed out — a net gain of 14 holders — while 100 added to existing stakes and 113 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $84.8M. The largest seller was Millennium Management, cutting an estimated $61.8M.
- 316 institutional investors held Trex (TREX) as of Q3 2019, up from 302 in Q2 2019.
- Funds reported $5.61B of Trex stock for Q3 2019, up 24% quarter-over-quarter.
- 55 funds opened new Trex positions in Q3 2019 and 41 closed out, a net change of +14 holders.
- The largest Trex buyer in Q3 2019 was AllianceBernstein, an estimated $84.8M added.
- The largest Trex seller in Q3 2019 was Millennium Management, an estimated $61.8M sold.
Based on aggregated 13F filings for Q3 2019.