Trex
TREX
344 hedge funds and large institutions have $5.03B invested in Trex in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 112 increasing their positions, 123 reducing their positions, and 43 closing their positions.
28% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 43
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4.48% more ownership
Funds ownership: 211.18% → 215.66% (+4.5%)
3% more funds holding
Funds holding: 335 → 344 (+9)
9% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 123
9% less capital invested
Capital invested by funds: $5.54B → $5.03B (-$512M)
42% less call options, than puts
Call options by funds: $11.8M | Put options by funds: $20.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$109M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$32.6M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$30M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$64.9M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$51M |
| 3 |
BAMCO Inc
New York
|
-$25.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$25.4M |
| 5 |
ClearBridge Investments
New York
|
-$21.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
Chevy Chase Trust
Bethesda,
Maryland
| – | -$10K | -220 | Closed |
|
|
HWM
377
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$9K | -200 | Closed |
|
|
OPS
378
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$8K | -170 | Closed |
|
|
AIL
379
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$7K | -150 | Closed |
|
|
TCWM
380
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$6K | -140 | Closed |
|
|
BWA
381
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$5K | -120 | Closed |
|
|
BCI
382
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$4K | -80 | Closed |
|
|
IA
383
IFP Advisors
Tampa,
Florida
| – | -$3.28K | -70 | Closed |
|
|
CAC
384
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$3K | -58 | Closed |
|
|
ADL
385
Asset Dedication LLC
San Francisco,
California
| – | -$2K | -34 | Closed |
|
|
PCG
386
Private Capital Group
West Hartford,
Connecticut
| – | -$562 | -12 | -75% |
|
|
VCM
387
Versant Capital Management
Phoenix,
Arizona
| – | +$656 | +14 | New |
|
TREX Hedge Fund Activity: Q1 2020 in Review
344 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2020, worth a combined $5.03B — down 9.3% from $5.54B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TREX positions and 43 closed out — a net gain of 12 holders — while 112 added to existing stakes and 123 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $109M. The largest seller was William Blair Investment Management, cutting an estimated $64.9M.
- 344 institutional investors held Trex (TREX) as of Q1 2020, up from 335 in Q4 2019.
- Funds reported $5.03B of Trex stock for Q1 2020, down 9.3% quarter-over-quarter.
- 55 funds opened new Trex positions in Q1 2020 and 43 closed out, a net change of +12 holders.
- The largest Trex buyer in Q1 2020 was Victory Capital Management, an estimated $109M added.
- The largest Trex seller in Q1 2020 was William Blair Investment Management, an estimated $64.9M sold.
Based on aggregated 13F filings for Q1 2020.