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.
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)
Top Buyers
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$42.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$42M |
| 3 |
Millennium Management
New York
|
+$40.1M |
| 4 |
Squarepoint
New York
|
+$36.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$31.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RMA
526
Roffman Miller Associates
Philadelphia,
Pennsylvania
| – | -$2.29K | -35 | Closed |
|
|
CWA
527
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1.31K | -20 | Closed |
|
|
IA
528
IFP Advisors
Tampa,
Florida
| – | -$1.31K | -20 | Closed |
|
529
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -18 | Closed |
|
|
FBC
530
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$459 | -7 | Closed |
|
|
FMP
531
Financial Management Professionals
Austin,
Texas
| – | +$480 | +7 | New |
|
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.