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455 hedge funds and large institutions have $6.96B invested in Trex in 2023 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 155 increasing their positions, 147 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

61% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 49

55% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $15.1M

37% more capital invested

Capital invested by funds: $5.09B → $6.96B (+$1.86B)

7% more funds holding

Funds holding: 427455 (+28)

1.39% more ownership

Funds ownership: 96.16%97.56% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 147

Holders
455
Holders Change
+28
Holders Change %
+6.56%
% of All Funds
7.14%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.11%
New
79
Increased
155
Reduced
147
Closed
49
Calls
$23.3M
Puts
$15.1M
Net Calls
+$8.25M
Net Calls Change
+$2.45M
Name Holding Trade Value Shares
Change
Change in
Stake
PM
51
Pembroke Management
Quebec, Canada
$24.7M -$782K -14,012 -4%
RhumbLine Advisers
52
RhumbLine Advisers
Massachusetts
$23.7M +$457K +8,188 +2%
Royal London Asset Management
53
Royal London Asset Management
United Kingdom
$23.6M +$5.62M +100,650 +39%
Cerity Partners
54
Cerity Partners
New York
$22.8M -$2.09M -37,407 -10%
EAM
55
Erste Asset Management
Austria
$21.1M -$380K -6,802 -2%
Deutsche Bank
56
Deutsche Bank
Germany
$20.8M +$4.25M +76,170 +32%
EIP
57
Epoch Investment Partners
New York
$20.8M -$21.2M -379,844 -55%
Amundi
58
Amundi
France
$20.3M +$2.15M +38,593 +14%
TD Asset Management
59
TD Asset Management
Ontario, Canada
$20.1M -$18M -322,989 -51%
N
60
Nuveen
North Carolina
$19.8M -$3.68M -65,911 -18%
CS
61
Credit Suisse
Switzerland
$18.7M +$1.44M +25,780 +10%
T. Rowe Price Associates
62
T. Rowe Price Associates
Maryland
$18.5M -$675K -12,101 -4%
SSA
63
Schonfeld Strategic Advisors
New York
$18.3M +$14M +251,449 +914%
New York State Common Retirement Fund
64
New York State Common Retirement Fund
New York
$18M +$299K +5,366 +2%
Grantham, Mayo, Van Otterloo & Co (GMO)
65
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$17.5M
RJA
66
Raymond James & Associates
Florida
$17.2M -$996K -17,844 -6%
Fidelity Investments
67
Fidelity Investments
Massachusetts
$16.2M +$13.5M +242,292 +4,521%
JP Morgan Chase
68
JP Morgan Chase
New York
$16.1M +$1.09M +19,611 +9%
FCM
69
Frontier Capital Management
Massachusetts
$16M -$139K -2,495 -1%
SCA
70
Summit Creek Advisors
Minnesota
$15.6M +$14.7K +263 +0.1%
Swiss National Bank
71
Swiss National Bank
Switzerland
$15.5M
Envestnet Asset Management
72
Envestnet Asset Management
Illinois
$15.5M +$853K +15,282 +7%
Stifel Financial
73
Stifel Financial
Missouri
$14.9M +$3.62M +64,938 +40%
WCM Investment Management
74
WCM Investment Management
California
$14.8M -$4.05M -72,676 -24%
Victory Capital Management
75
Victory Capital Management
Texas
$12.7M +$6.24M +111,874 +138%

TREX Hedge Fund Activity: Q2 2023 in Review

455 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2023, worth a combined $6.96B — up 37% from $5.09B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 49 closed out — a net gain of 30 holders — while 155 added to existing stakes and 147 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $43.3M. The largest seller was Balyasny Asset Management, cutting an estimated $65.7M.

  • 455 institutional investors held Trex (TREX) as of Q2 2023, up from 427 in Q1 2023.
  • Funds reported $6.96B of Trex stock for Q2 2023, up 37% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q2 2023 and 49 closed out, a net change of +30 holders.
  • The largest Trex buyer in Q2 2023 was AllianceBernstein, an estimated $43.3M added.
  • The largest Trex seller in Q2 2023 was Balyasny Asset Management, an estimated $65.7M sold.

Based on aggregated 13F filings for Q2 2023.