Trex
TREX
389 hedge funds and large institutions have $7.61B invested in Trex in 2020 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 102 increasing their positions, 157 reducing their positions, and 39 closing their positions.
118% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 39
51% more capital invested
Capital invested by funds: $5.03B → $7.61B (+$2.58B)
14% more call options, than puts
Call options by funds: $37M | Put options by funds: $32.4M
13% more funds holding
Funds holding: 344 → 389 (+45)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
13.42% less ownership
Funds ownership: 215.66% → 202.24% (-13%)
35% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$186M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$73.1M |
| 3 |
FAM
Fred Alger Management
New York
|
+$70.8M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$43.1M |
| 5 |
Goldman Sachs
New York
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$138M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$114M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$114M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$79M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$65.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Group One Trading
Chicago,
Illinois
| – | -$5.23K | -98 | Closed |
|
|
SFSIG
427
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$2K | -38 | Closed |
|
TREX Hedge Fund Activity: Q2 2020 in Review
389 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2020, worth a combined $7.61B — up 51% from $5.03B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new TREX positions and 39 closed out — a net gain of 46 holders — while 102 added to existing stakes and 157 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $186M. The largest seller was BlackRock, cutting an estimated $138M.
- 389 institutional investors held Trex (TREX) as of Q2 2020, up from 344 in Q1 2020.
- Funds reported $7.61B of Trex stock for Q2 2020, up 51% quarter-over-quarter.
- 85 funds opened new Trex positions in Q2 2020 and 39 closed out, a net change of +46 holders.
- The largest Trex buyer in Q2 2020 was T. Rowe Price Associates, an estimated $186M added.
- The largest Trex seller in Q2 2020 was BlackRock, an estimated $138M sold.
Based on aggregated 13F filings for Q2 2020.