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Trex
TREX

481 hedge funds and large institutions have $6.56B invested in Trex in 2023 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 169 increasing their positions, 169 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $67.9M | Put options by funds: $33.1M

58% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 50

6% more funds holding

Funds holding: 455 → 481 (+26)

0.32% more ownership

Funds ownership: 97.56% → 97.87% (+0.32%)

0% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 169

6% less capital invested

Capital invested by funds: $6.96B → $6.56B (-$392M)

29% less funds holding in top 10

Funds holding in top 10: 7 → 5 (-2)

Holders
481
Holders Change
+26
Holders Change %
+5.71%
% of All Funds
7.63%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
79
Increased
169
Reduced
169
Closed
50
Calls
$67.9M
Puts
$33.1M
Net Calls
+$34.8M
Net Calls Change
+$26.6M

Top Buyers

1
CSS
Cubist Systematic Strategies
Connecticut
+$42.1M
2
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
+$42M
3
Millennium Management
Millennium Management
New York
+$40.1M
4
Squarepoint
Squarepoint
New York
+$36.1M
5
Norges Bank
Norges Bank
Norway
+$31.6M

Top Sellers

1
WA
Wasatch Advisors
Utah
-$77.8M
2
Point72 Asset Management
Point72 Asset Management
Connecticut
-$66.2M
3
Macquarie Group
Macquarie Group
Australia
-$63.7M
4
RG
Rathbones Group
United Kingdom
-$35.7M
5
Allspring Global Investments
Allspring Global Investments
North Carolina
-$34.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
SIMG
26
Stephens Investment Management Group
Texas
$55M +$4.39M +64,016 +8%
EAM
27
Eventide Asset Management
Massachusetts
$54.4M +$2.13K +31 +0%
Charles Schwab
28
Charles Schwab
California
$51.5M +$301K +4,386 +0.5%
Allspring Global Investments
29
Allspring Global Investments
North Carolina
$51.4M -$34.3M -499,307 -37%
Northern Trust
30
Northern Trust
Illinois
$51.4M -$1.37M -20,033 -2%
William Blair & Company
31
William Blair & Company
Illinois
$51.3M +$400K +5,823 +0.7%
Citadel Advisors
32
Citadel Advisors
Florida
$48.3M +$20.2M +294,738 +60%
Principal Financial Group
33
Principal Financial Group
Iowa
$46.4M -$16.4M -238,867 -24%
LCOV
34
London Company of Virginia
Virginia
$44.9M -$1.9M -27,727 -4%
Allianz Asset Management
35
Allianz Asset Management
Germany
$43.5M -$720K -10,496 -1%
Federated Hermes
36
Federated Hermes
Pennsylvania
$39.8M +$2.16M +31,544 +5%
Capital Research Global Investors
37
Capital Research Global Investors
California
$39.4M – – –
CSS
38
Cubist Systematic Strategies
Connecticut
$37.9M +$42.1M +614,179 New
SEI Investments
39
SEI Investments
Pennsylvania
$36.1M -$908K -13,228 -2%
Handelsbanken Fonder
40
Handelsbanken Fonder
Sweden
$35.4M +$405K +5,900 +1%
Fidelity Investments
41
Fidelity Investments
Massachusetts
$34.9M +$21.8M +318,300 +129%
Squarepoint
42
Squarepoint
New York
$33.8M +$36.1M +525,567 +2,341%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$33.7M -$9.03M -131,593 -19%
AM
44
AGF Management
Ontario, Canada
$31.8M -$2.28M -33,254 -6%
Bank of America
45
Bank of America
North Carolina
$30.6M +$5.58M +81,283 +20%
FAM
46
Fred Alger Management
New York
$27.6M +$27.6M +402,913 +911%
DGI
47
Disciplined Growth Investors
Minnesota
$26.2M -$307K -4,475 -1%
Two Sigma Investments
48
Two Sigma Investments
New York
$25.9M +$25.5M +371,274 +749%
MAM
49
Montanaro Asset Management
United Kingdom
$25.6M -$9.43M -137,500 -25%
Renaissance Technologies
50
Renaissance Technologies
New York
$25.2M +$28.1M +409,000 New
1
2
3 4 5

TREX Hedge Fund Activity: Q3 2023 in Review

481 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2023, worth a combined $6.56B — down 5.6% from $6.96B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 50 closed out — a net gain of 29 holders — while 169 added to existing stakes and 169 trimmed.

The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $42.1M. The largest seller was Wasatch Advisors, cutting an estimated $77.8M.

  • 481 institutional investors held Trex (TREX) as of Q3 2023, up from 455 in Q2 2023.
  • Funds reported $6.56B of Trex stock for Q3 2023, down 5.6% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q3 2023 and 50 closed out, a net change of +29 holders.
  • The largest Trex buyer in Q3 2023 was Cubist Systematic Strategies, an estimated $42.1M added.
  • The largest Trex seller in Q3 2023 was Wasatch Advisors, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2023.