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Trex
TREX

483 hedge funds and large institutions have $8.72B invested in Trex in 2023 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 172 increasing their positions, 177 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 5 → 8 (+3)

33% more capital invested

Capital invested by funds: $6.56B → $8.72B (+$2.16B)

20% more call options, than puts

Call options by funds: $85.7M | Put options by funds: $71.6M

11% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 56

0% more funds holding

Funds holding: 481 → 483 (+2)

0.87% less ownership

Funds ownership: 97.87% → 97.01% (-0.87%)

3% less repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 177

Holders
483
Holders Change
+2
Holders Change %
+0.42%
% of All Funds
7.04%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.12%
New
62
Increased
172
Reduced
177
Closed
56
Calls
$85.7M
Puts
$71.6M
Net Calls
+$14.1M
Net Calls Change
-$20.7M

Top Buyers

1
TD Asset Management
TD Asset Management
Ontario, Canada
+$89M
2
EIP
Epoch Investment Partners
New York
+$44.5M
3
Artisan Partners
Artisan Partners
Wisconsin
+$43.8M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$42.1M
5
Morgan Stanley
Morgan Stanley
New York
+$29M

Top Sellers

1
Millennium Management
Millennium Management
New York
-$55.3M
2
Allspring Global Investments
Allspring Global Investments
North Carolina
-$48.4M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$42.8M
4
Citadel Advisors
Citadel Advisors
Florida
-$41M
5
CSS
Cubist Systematic Strategies
Connecticut
-$37.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Lord, Abbett & Co
26
Lord, Abbett & Co
New Jersey
$74M -$22.9M -345,452 -28%
EAM
27
Eventide Asset Management
Massachusetts
$73.1M +$3.85K +58 +0%
Charles Schwab
28
Charles Schwab
California
$70.4M +$1.03M +15,507 +2%
Northern Trust
29
Northern Trust
Illinois
$69.3M +$243K +3,666 +0.4%
SIMG
30
Stephens Investment Management Group
Texas
$66.4M -$5.99M -90,317 -10%
Principal Financial Group
31
Principal Financial Group
Iowa
$61.6M -$581K -8,755 -1%
LCOV
32
London Company of Virginia
Virginia
$58.6M -$1.31M -19,732 -3%
Capital Research Global Investors
33
Capital Research Global Investors
California
$58.4M +$4.43M +66,720 +10%
Impax Asset Management Group
34
Impax Asset Management Group
United Kingdom
$57.6M -$13.4M -201,920 -22%
Allianz Asset Management
35
Allianz Asset Management
Germany
$56.7M -$1.42M -21,364 -3%
Federated Hermes
36
Federated Hermes
Pennsylvania
$50.6M -$2.29M -34,535 -5%
Balyasny Asset Management
37
Balyasny Asset Management
Illinois
$48M -$42.8M -644,617 -53%
Handelsbanken Fonder
38
Handelsbanken Fonder
Sweden
$47.4M -$133K -2,000 -0.3%
Ameriprise
39
Ameriprise
Minnesota
$43.5M +$11.6M +174,934 +50%
AM
40
AGF Management
Ontario, Canada
$42.6M -$40.9K -617 -0.1%
SEI Investments
41
SEI Investments
Pennsylvania
$42.2M -$5.05M -76,205 -13%
Point72 Asset Management
42
Point72 Asset Management
Connecticut
$41.5M +$8M +120,614 +32%
Marshall Wace
43
Marshall Wace
United Kingdom
$41.3M +$15.3M +231,096 +86%
Bank of America
44
Bank of America
North Carolina
$40.5M -$441K -6,644 -1%
Two Sigma Investments
45
Two Sigma Investments
New York
$39.9M +$4.08M +61,460 +15%
BBCM
46
Broad Bay Capital Management
New York
$34.4M +$995K +15,000 +4%
DGI
47
Disciplined Growth Investors
Minnesota
$33.9M -$1.03M -15,577 -4%
Cerity Partners
48
Cerity Partners
New York
$32.7M +$3.39M +51,079 +15%
CS
49
Credit Suisse
Switzerland
$32.2M +$8.92M +134,434 +53%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$31.4M +$10.9M +164,300 +76%
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TREX Hedge Fund Activity: Q4 2023 in Review

483 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2023, worth a combined $8.72B — up 33% from $6.56B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new TREX positions and 56 closed out — a net gain of 6 holders — while 172 added to existing stakes and 177 trimmed.

The largest buyer was TD Asset Management, adding an estimated $89M. The largest seller was Millennium Management, cutting an estimated $55.3M.

  • 483 institutional investors held Trex (TREX) as of Q4 2023, up from 481 in Q3 2023.
  • Funds reported $8.72B of Trex stock for Q4 2023, up 33% quarter-over-quarter.
  • 62 funds opened new Trex positions in Q4 2023 and 56 closed out, a net change of +6 holders.
  • The largest Trex buyer in Q4 2023 was TD Asset Management, an estimated $89M added.
  • The largest Trex seller in Q4 2023 was Millennium Management, an estimated $55.3M sold.

Based on aggregated 13F filings for Q4 2023.