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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.

New
Increased
Maintained
Reduced
Closed

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: 67 (+1)

4.48% more ownership

Funds ownership: 211.18%215.66% (+4.5%)

3% more funds holding

Funds holding: 335344 (+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

Holders
344
Holders Change
+9
Holders Change %
+2.69%
% of All Funds
7.58%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.15%
New
55
Increased
112
Reduced
123
Closed
43
Calls
$11.8M
Puts
$20.4M
Net Calls
-$8.61M
Net Calls Change
+$6.51M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$47.7M +$1.24M +26,402 +2%
Handelsbanken Fonder
27
Handelsbanken Fonder
Sweden
$46.1M +$797K +17,000 +2%
Charles Schwab
28
Charles Schwab
California
$45.2M +$1.34M +28,628 +3%
EA
29
Emerald Advisers
Pennsylvania
$44.7M -$7.28M -155,238 -12%
SIMG
30
Stephens Investment Management Group
Texas
$44M -$1.68M -35,950 -3%
DGI
31
Disciplined Growth Investors
Minnesota
$43.7M -$10.2M -217,754 -17%
BBCM
32
Broad Bay Capital Management
New York
$43M +$17.5M +374,000 +53%
Loomis, Sayles & Company
33
Loomis, Sayles & Company
Massachusetts
$42.4M +$304K +6,486 +0.6%
Baird Financial Group
34
Baird Financial Group
Wisconsin
$38.8M +$7.62M +162,602 +20%
CTA
35
Carillon Tower Advisers
Florida
$38.3M -$7.67M -163,602 -13%
EMFAT
36
Emerald Mutual Fund Advisers Trust
Pennsylvania
$38.2M -$15.6M -333,466 -26%
Wellington Management Group
37
Wellington Management Group
Massachusetts
$32.6M +$38.1M +813,640 New
VOYA Investment Management
38
VOYA Investment Management
Georgia
$30.9M -$6.62M -141,230 -15%
Goldman Sachs
39
Goldman Sachs
New York
$30.1M +$6.71M +143,252 +24%
N
40
Nuveen
North Carolina
$26.1M -$2.36M -50,458 -7%
William Blair & Company
41
William Blair & Company
Illinois
$24.5M +$2.43M +51,746 +9%
EAM
42
Eventide Asset Management
Massachusetts
$24M
Lord, Abbett & Co
43
Lord, Abbett & Co
New Jersey
$23.2M -$61.8K -1,318 -0.2%
Massachusetts Financial Services
44
Massachusetts Financial Services
Massachusetts
$22.3M -$5.41M -115,448 -17%
Fidelity Investments
45
Fidelity Investments
Massachusetts
$20.3M +$5.03M +107,382 +27%
FCM
46
Frontier Capital Management
Massachusetts
$18.9M -$534K -11,390 -2%
Deutsche Bank
47
Deutsche Bank
Germany
$17.2M +$3.17M +67,584 +19%
EVM
48
Eaton Vance Management
Massachusetts
$17M -$6.16M -131,406 -24%
MCM
49
Maryland Capital Management
Maryland
$16.9M +$631K +13,470 +3%
Artisan Partners
50
Artisan Partners
Wisconsin
$15.4M +$18M +384,976 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.