Trex
TREX
408 hedge funds and large institutions have $8.25B invested in Trex in 2020 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 173 reducing their positions, and 39 closing their positions.
128% more call options, than puts
Call options by funds: $35.5M | Put options by funds: $15.6M
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
8% more capital invested
Capital invested by funds: $7.61B → $8.25B (+$638M)
5% more funds holding
Funds holding: 389 → 408 (+19)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
31% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 173
102.55% less ownership
Funds ownership: 202.24% → 99.69% (-103%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$62.1M |
| 2 |
BlackRock
New York
|
+$57.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$35.2M |
| 4 |
JP Morgan Chase
New York
|
+$31.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$85.1M |
| 2 |
Jane Street
New York
|
-$39.7M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$34.8M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$33.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$31.4M |
TREX Hedge Fund Activity: Q3 2020 in Review
408 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2020, worth a combined $8.25B — up 8.4% from $7.61B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new TREX positions and 39 closed out — a net gain of 21 holders — while 120 added to existing stakes and 173 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $62.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $85.1M.
- 408 institutional investors held Trex (TREX) as of Q3 2020, up from 389 in Q2 2020.
- Funds reported $8.25B of Trex stock for Q3 2020, up 8.4% quarter-over-quarter.
- 60 funds opened new Trex positions in Q3 2020 and 39 closed out, a net change of +21 holders.
- The largest Trex buyer in Q3 2020 was CIBC Private Wealth Group, an estimated $62.1M added.
- The largest Trex seller in Q3 2020 was T. Rowe Price Associates, an estimated $85.1M sold.
Based on aggregated 13F filings for Q3 2020.