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455 hedge funds and large institutions have $6.96B invested in Trex in 2023 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 155 increasing their positions, 147 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

61% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 49

55% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $15.1M

37% more capital invested

Capital invested by funds: $5.09B → $6.96B (+$1.86B)

7% more funds holding

Funds holding: 427455 (+28)

1.39% more ownership

Funds ownership: 96.16%97.56% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 147

Holders
455
Holders Change
+28
Holders Change %
+6.56%
% of All Funds
7.14%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.11%
New
79
Increased
155
Reduced
147
Closed
49
Calls
$23.3M
Puts
$15.1M
Net Calls
+$8.25M
Net Calls Change
+$2.45M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
26
Eventide Asset Management
Massachusetts
$57.9M +$14.8K +265 +0%
Northern Trust
27
Northern Trust
Illinois
$56M -$1.25M -22,350 -3%
Charles Schwab
28
Charles Schwab
California
$54.5M +$418K +7,491 +0.9%
SIMG
29
Stephens Investment Management Group
Texas
$54.3M +$4.5M +80,677 +11%
William Blair & Company
30
William Blair & Company
Illinois
$54.2M +$9.62M +172,412 +26%
LCOV
31
London Company of Virginia
Virginia
$49.5M +$773K +13,852 +2%
Allianz Asset Management
32
Allianz Asset Management
Germany
$47M +$1.68M +30,130 +4%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$44.5M -$5.54M -99,376 -13%
Capital Research Global Investors
34
Capital Research Global Investors
California
$41.9M +$5.75M +103,018 +19%
Lord, Abbett & Co
35
Lord, Abbett & Co
New Jersey
$41.1M +$35M +626,891 New
Federated Hermes
36
Federated Hermes
Pennsylvania
$40.3M -$16.9M -302,279 -33%
SEI Investments
37
SEI Investments
Pennsylvania
$39.3M -$387K -6,944 -1%
Handelsbanken Fonder
38
Handelsbanken Fonder
Sweden
$37.3M +$61.4K +1,100 +0.2%
MAM
39
Montanaro Asset Management
United Kingdom
$36.3M -$7.64M -137,000 -20%
AM
40
AGF Management
Ontario, Canada
$36M +$11.5M +206,662 +60%
Invesco
41
Invesco
Georgia
$35.7M +$13.5M +242,523 +80%
RG
42
Rathbones Group
United Kingdom
$35.7M +$4.38M +78,503 +17%
BBCM
43
Broad Bay Capital Management
New York
$35.5M +$2.29M +41,000 +8%
Citadel Advisors
44
Citadel Advisors
Florida
$32.1M +$8.73M +156,427 +47%
AI
45
Aperture Investors
New York
$31.5M +$1.3M +23,308 +5%
Millennium Management
46
Millennium Management
New York
$31.1M +$26.5M +474,244 New
DGI
47
Disciplined Growth Investors
Minnesota
$28.2M -$387K -6,938 -2%
Bank of America
48
Bank of America
North Carolina
$27.2M -$9.65M -172,944 -29%
Ameriprise
49
Ameriprise
Minnesota
$25.4M -$4.47M -80,101 -17%
SAM
50
Silvercrest Asset Management
New York
$25.2M +$7.44M +133,390 +53%

TREX Hedge Fund Activity: Q2 2023 in Review

455 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2023, worth a combined $6.96B — up 37% from $5.09B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 49 closed out — a net gain of 30 holders — while 155 added to existing stakes and 147 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $43.3M. The largest seller was Balyasny Asset Management, cutting an estimated $65.7M.

  • 455 institutional investors held Trex (TREX) as of Q2 2023, up from 427 in Q1 2023.
  • Funds reported $6.96B of Trex stock for Q2 2023, up 37% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q2 2023 and 49 closed out, a net change of +30 holders.
  • The largest Trex buyer in Q2 2023 was AllianceBernstein, an estimated $43.3M added.
  • The largest Trex seller in Q2 2023 was Balyasny Asset Management, an estimated $65.7M sold.

Based on aggregated 13F filings for Q2 2023.