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302 hedge funds and large institutions have $3.28B invested in Trex in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 105 increasing their positions, 91 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

15% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 91

7.91% more ownership

Funds ownership: 181.12%189.03% (+7.9%)

4% less funds holding

Funds holding: 314302 (-12)

13% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 61

20% less capital invested

Capital invested by funds: $4.09B → $3.28B (-$810M)

49% less call options, than puts

Call options by funds: $5.13M | Put options by funds: $10.1M

Holders
302
Holders Change
-12
Holders Change %
-3.82%
% of All Funds
6.73%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
53
Increased
105
Reduced
91
Closed
61
Calls
$5.13M
Puts
$10.1M
Net Calls
-$4.98M
Net Calls Change
+$2.88M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
76
California State Teachers Retirement System (CalSTRS)
California
$5.49M +$131K +4,174 +2%
ASRS
77
Arizona State Retirement System
Arizona
$5.37M +$331K +10,580 +6%
HSBC Holdings
78
HSBC Holdings
United Kingdom
$4.89M +$3.89M +124,206 +305%
Ohio Public Employees Retirement System (OPERS)
79
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.74M +$526K +16,800 +12%
First Trust Advisors
80
First Trust Advisors
Illinois
$4.34M -$377K -12,046 -8%
Fiera Capital (Canada)
81
Fiera Capital (Canada)
Quebec, Canada
$4.28M -$16K -510 -0.4%
Canada Life
82
Canada Life
Manitoba, Canada
$4.25M +$248K +7,916 +5%
Squarepoint
83
Squarepoint
New York
$4.15M +$2.36M +75,456 +117%
Public Sector Pension Investment Board (PSP Investments)
84
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.95M +$169K +5,400 +4%
AII
85
AGF Investments Inc
Ontario, Canada
$3.82M +$1.08M +34,626 +37%
Nordea Investment Management
86
Nordea Investment Management
Sweden
$3.79M +$350K +11,192 +10%
Federated Hermes
87
Federated Hermes
Pennsylvania
$3.74M +$350K +11,174 +10%
RJA
88
Raymond James & Associates
Florida
$3.6M +$469K +14,994 +14%
PP
89
PDT Partners
New York
$3.5M +$888K +28,362 +32%
CS
90
Credit Suisse
Switzerland
$3.27M -$419K -13,376 -11%
AG
91
Aperio Group
California
$3.25M +$87.1K +2,784 +3%
NA
92
Navellier & Associates
Nevada
$3.17M -$51.5K -1,644 -2%
Susquehanna International Group
93
Susquehanna International Group
Pennsylvania
$3.05M +$3.22M +102,746 New
NAP
94
New Amsterdam Partners
New York
$2.89M -$170K -5,420 -5%
Connor, Clark & Lunn Investment Management (CC&L)
95
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.82M +$1.95M +62,150 +188%
AIG
96
American International Group
New York
$2.72M -$33.6K -1,074 -1%
Royal Bank of Canada
97
Royal Bank of Canada
Ontario, Canada
$2.69M -$5.99M -191,380 -68%
MCM
98
Matarin Capital Management
New York
$2.66M -$10K -320 -0.4%
UBS AM
99
UBS AM
Illinois
$2.64M +$339K +10,820 +14%
SCA
100
Snowden Capital Advisors
New York
$2.52M -$71.9K -2,298 -3%

TREX Hedge Fund Activity: Q4 2018 in Review

302 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2018, worth a combined $3.28B — down 20% from $4.09B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of TREX and 53 opened new positions — a net loss of 8 holders — while 91 trimmed existing stakes and 105 added.

The largest buyer was William Blair Investment Management, opening a new position worth an estimated $106M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $35.8M sold.

  • 302 institutional investors held Trex (TREX) as of Q4 2018, down from 314 in Q3 2018.
  • Funds reported $3.28B of Trex stock for Q4 2018, down 20% quarter-over-quarter.
  • 53 funds opened new Trex positions in Q4 2018 and 61 closed out, a net change of -8 holders.
  • The largest Trex buyer in Q4 2018 was William Blair Investment Management, an estimated $106M added.
  • The largest Trex seller in Q4 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $35.8M sold.

Based on aggregated 13F filings for Q4 2018.