Trex
TREX
478 hedge funds and large institutions have $6.91B invested in Trex in 2022 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 190 increasing their positions, 166 reducing their positions, and 133 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 166
2.23% more ownership
Funds ownership: 93.22% → 95.45% (+2.2%)
14% less funds holding
Funds holding: 559 → 478 (-81)
52% less capital invested
Capital invested by funds: $14.4B → $6.91B (-$7.53B)
57% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 133
67% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $46.9M
88% less funds holding in top 10
Funds holding in top 10: 16 → 2 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$211M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$130M |
| 3 |
Renaissance Technologies
New York
|
+$58M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$45.8M |
| 5 |
Two Sigma Investments
New York
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$190M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$108M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$92.8M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$82.1M |
| 5 |
FAM
Fred Alger Management
New York
|
-$45.2M |
TREX Hedge Fund Activity: Q1 2022 in Review
478 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2022, worth a combined $6.91B — down 52% from $14.4B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of TREX and 57 opened new positions — a net loss of 76 holders — while 166 trimmed existing stakes and 190 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $211M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $190M sold.
- 478 institutional investors held Trex (TREX) as of Q1 2022, down from 559 in Q4 2021.
- Funds reported $6.91B of Trex stock for Q1 2022, down 52% quarter-over-quarter.
- 57 funds opened new Trex positions in Q1 2022 and 133 closed out, a net change of -76 holders.
- The largest Trex buyer in Q1 2022 was T. Rowe Price Associates, an estimated $211M added.
- The largest Trex seller in Q1 2022 was Lord, Abbett & Co, an estimated $190M sold.
Based on aggregated 13F filings for Q1 2022.