Trex
TREX
471 hedge funds and large institutions have $9.5B invested in Trex in 2020 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 153 increasing their positions, 156 reducing their positions, and 38 closing their positions.
168% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 38
15% more funds holding
Funds holding: 408 → 471 (+63)
15% more capital invested
Capital invested by funds: $8.25B → $9.5B (+$1.25B)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 156
8% less call options, than puts
Call options by funds: $28.5M | Put options by funds: $30.9M
1.58% less ownership
Funds ownership: 99.69% → 98.12% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.9M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$39.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$19.6M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$64.8M |
| 2 |
Goldman Sachs
New York
|
-$58.5M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$51.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$37.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$36.9M |
TREX Hedge Fund Activity: Q4 2020 in Review
471 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2020, worth a combined $9.5B — up 15% from $8.25B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new TREX positions and 38 closed out — a net gain of 64 holders — while 153 added to existing stakes and 156 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $57.9M. The largest seller was Arrowstreet Capital, cutting an estimated $64.8M.
- 471 institutional investors held Trex (TREX) as of Q4 2020, up from 408 in Q3 2020.
- Funds reported $9.5B of Trex stock for Q4 2020, up 15% quarter-over-quarter.
- 102 funds opened new Trex positions in Q4 2020 and 38 closed out, a net change of +64 holders.
- The largest Trex buyer in Q4 2020 was T. Rowe Price Associates, an estimated $57.9M added.
- The largest Trex seller in Q4 2020 was Arrowstreet Capital, an estimated $64.8M sold.
Based on aggregated 13F filings for Q4 2020.