Trex
TREX
326 hedge funds and large institutions have $3.53B invested in Trex in 2019 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 109 increasing their positions, 96 reducing their positions, and 40 closing their positions.
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
14% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 96
8% more funds holding
Funds holding: 302 → 326 (+24)
7% more capital invested
Capital invested by funds: $3.28B → $3.53B (+$243M)
5.62% more ownership
Funds ownership: 189.03% → 194.65% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$86.3M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$81.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$36.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$26.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$124M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.6M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$26.4M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$16.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$15.5M |
TREX Hedge Fund Activity: Q1 2019 in Review
326 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2019, worth a combined $3.53B — up 7.4% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new TREX positions and 40 closed out — a net gain of 26 holders — while 109 added to existing stakes and 96 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $86.3M. The largest seller was BlackRock, cutting an estimated $124M.
- 326 institutional investors held Trex (TREX) as of Q1 2019, up from 302 in Q4 2018.
- Funds reported $3.53B of Trex stock for Q1 2019, up 7.4% quarter-over-quarter.
- 66 funds opened new Trex positions in Q1 2019 and 40 closed out, a net change of +26 holders.
- The largest Trex buyer in Q1 2019 was Morgan Stanley, an estimated $86.3M added.
- The largest Trex seller in Q1 2019 was BlackRock, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2019.