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474 hedge funds and large institutions have $10B invested in Trex in 2021 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 163 increasing their positions, 180 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more call options, than puts

Call options by funds: $25.6M | Put options by funds: $16.7M

17% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 54

6% more capital invested

Capital invested by funds: $9.5B → $10B (+$548M)

1% more funds holding

Funds holding: 471474 (+3)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

9% less repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 180

3.19% less ownership

Funds ownership: 98.12%94.92% (-3.2%)

Holders
474
Holders Change
+3
Holders Change %
+0.64%
% of All Funds
8.32%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
63
Increased
163
Reduced
180
Closed
54
Calls
$25.6M
Puts
$16.7M
Net Calls
+$8.88M
Net Calls Change
+$11.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
51
Charles Schwab
California
$34.6M -$349K -3,707 -1%
DZ Bank
52
DZ Bank
Germany
$32.8M -$22.8M -242,393 -40%
Massachusetts Financial Services
53
Massachusetts Financial Services
Massachusetts
$31.8M -$9M -95,727 -22%
Comerica Bank
54
Comerica Bank
Texas
$29.9M +$2.15M +22,819 +9%
RhumbLine Advisers
55
RhumbLine Advisers
Massachusetts
$29.6M -$650K -6,909 -2%
SO
56
STRS Ohio
Ohio
$28.7M -$1.61M -17,151 -5%
Deutsche Bank
57
Deutsche Bank
Germany
$27.8M -$117K -1,243 -0.4%
PM
58
Pembroke Management
Quebec, Canada
$27.3M -$2.32M -24,649 -8%
Wellington Management Group
59
Wellington Management Group
Massachusetts
$26.8M -$1.75M -18,615 -6%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$26.2M -$2.12M -22,545 -7%
Morgan Stanley
61
Morgan Stanley
New York
$25.4M +$6.44M +68,522 +33%
PPA
62
Parametric Portfolio Associates
Washington
$25.3M -$1.69M -17,926 -6%
DDC
63
DF Dent & Co
Maryland
$24.5M +$1.21M +12,894 +5%
Swiss National Bank
64
Swiss National Bank
Switzerland
$24.2M +$263K +2,800 +1%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$22.8M -$2.9M -30,867 -11%
AAMU
66
Amundi Asset Management US
Massachusetts
$22M -$264K -2,802 -1%
Loomis, Sayles & Company
67
Loomis, Sayles & Company
Massachusetts
$21.6M -$68.4M -727,245 -76%
RG
68
Rathbones Group
United Kingdom
$21M +$17.8M +189,542 +478%
AII
69
AGF Investments Inc
Ontario, Canada
$20.5M +$1.63M +17,372 +8%
First Trust Advisors
70
First Trust Advisors
Illinois
$19.7M +$9.71M +103,287 +92%
Goldman Sachs
71
Goldman Sachs
New York
$19.2M -$12.5M -132,575 -39%
California State Teachers Retirement System (CalSTRS)
72
California State Teachers Retirement System (CalSTRS)
California
$19M -$106K -1,124 -0.5%
Fidelity Investments
73
Fidelity Investments
Massachusetts
$18.2M -$700K -7,447 -4%
Legal & General Group
74
Legal & General Group
United Kingdom
$17.5M +$307K +3,265 +2%
FCM
75
Frontier Capital Management
Massachusetts
$17.5M -$9.72M -103,390 -35%

TREX Hedge Fund Activity: Q1 2021 in Review

474 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2021, worth a combined $10B — up 5.8% from $9.5B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new TREX positions and 54 closed out — a net gain of 9 holders — while 163 added to existing stakes and 180 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $125M. The largest seller was Loomis, Sayles & Company, cutting an estimated $68.4M.

  • 474 institutional investors held Trex (TREX) as of Q1 2021, up from 471 in Q4 2020.
  • Funds reported $10B of Trex stock for Q1 2021, up 5.8% quarter-over-quarter.
  • 63 funds opened new Trex positions in Q1 2021 and 54 closed out, a net change of +9 holders.
  • The largest Trex buyer in Q1 2021 was AllianceBernstein, an estimated $125M added.
  • The largest Trex seller in Q1 2021 was Loomis, Sayles & Company, an estimated $68.4M sold.

Based on aggregated 13F filings for Q1 2021.