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344 hedge funds and large institutions have $5.03B invested in Trex in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 112 increasing their positions, 123 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 43

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

4.48% more ownership

Funds ownership: 211.18%215.66% (+4.5%)

3% more funds holding

Funds holding: 335344 (+9)

9% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 123

9% less capital invested

Capital invested by funds: $5.54B → $5.03B (-$512M)

42% less call options, than puts

Call options by funds: $11.8M | Put options by funds: $20.4M

Holders
344
Holders Change
+9
Holders Change %
+2.69%
% of All Funds
7.58%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.15%
New
55
Increased
112
Reduced
123
Closed
43
Calls
$11.8M
Puts
$20.4M
Net Calls
-$8.61M
Net Calls Change
+$6.51M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$15.1M -$113K -2,406 -0.6%
KCM
52
Kingdon Capital Management
New York
$14.9M +$17.5M +372,522 New
PM
53
Pembroke Management
Quebec, Canada
$14.8M +$2.71M +57,756 +19%
Principal Financial Group
54
Principal Financial Group
Iowa
$14.3M -$7.07M -150,846 -30%
State of Wisconsin Investment Board
55
State of Wisconsin Investment Board
Wisconsin
$14M
TCM
56
TimesSquare Capital Management
New York
$13.8M +$16.1M +344,600 New
PI
57
Putnam Investments
Massachusetts
$13.8M -$3.84M -81,870 -19%
Jennison Associates
58
Jennison Associates
New York
$13.7M +$275K +5,870 +2%
AAMU
59
Amundi Asset Management US
Massachusetts
$13.5M -$3.11M -66,446 -17%
American Century Companies
60
American Century Companies
Missouri
$13.1M -$2.92M -62,298 -16%
CCI
61
Columbus Circle Investors
$13M +$15.2M +324,336 New
MOACM
62
Mutual of America Capital Management
New York
$12.9M -$292K -6,234 -2%
New York State Common Retirement Fund
63
New York State Common Retirement Fund
New York
$12.1M +$2.1M +44,744 +17%
AIG
64
American International Group
New York
$11.8M -$81.5K -1,738 -0.6%
Retirement Systems of Alabama
65
Retirement Systems of Alabama
Alabama
$11.6M -$552K -11,786 -4%
PPA
66
Parametric Portfolio Associates
Washington
$11.5M -$260K -5,542 -2%
Fuller & Thaler Asset Management
67
Fuller & Thaler Asset Management
California
$11.3M -$112K -2,398 -0.8%
RI
68
Redwood Investments
Massachusetts
$11.1M -$8.77M -187,214 -40%
FAM
69
Fred Alger Management
New York
$10.6M +$12.4M +264,924 New
California Public Employees Retirement System
70
California Public Employees Retirement System
California
$10.6M -$3.58M -76,316 -22%
KCM
71
Kornitzer Capital Management
Kansas
$10.4M +$1.72M +36,736 +17%
EIP
72
Epoch Investment Partners
New York
$9.85M +$6.75M +144,082 +142%
TD Asset Management
73
TD Asset Management
Ontario, Canada
$9.78M +$6.74M +143,762 +143%
UBS AM
74
UBS AM
Illinois
$9.74M +$5.46M +116,594 +92%
Manulife (Manufacturers Life Insurance)
75
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.54M +$345K +7,372 +3%

TREX Hedge Fund Activity: Q1 2020 in Review

344 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2020, worth a combined $5.03B — down 9.3% from $5.54B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new TREX positions and 43 closed out — a net gain of 12 holders — while 112 added to existing stakes and 123 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $109M. The largest seller was William Blair Investment Management, cutting an estimated $64.9M.

  • 344 institutional investors held Trex (TREX) as of Q1 2020, up from 335 in Q4 2019.
  • Funds reported $5.03B of Trex stock for Q1 2020, down 9.3% quarter-over-quarter.
  • 55 funds opened new Trex positions in Q1 2020 and 43 closed out, a net change of +12 holders.
  • The largest Trex buyer in Q1 2020 was Victory Capital Management, an estimated $109M added.
  • The largest Trex seller in Q1 2020 was William Blair Investment Management, an estimated $64.9M sold.

Based on aggregated 13F filings for Q1 2020.