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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
Ensign Peak Advisors
76
Ensign Peak Advisors
Utah
$17.5M -$360K -3,830 -2%
UBS AM
77
UBS AM
Illinois
$17.2M -$148K -1,575 -0.8%
Axa
78
Axa
France
$16.4M +$2.12M +22,502 +14%
Thrivent Financial for Lutherans
79
Thrivent Financial for Lutherans
Minnesota
$16.3M -$17.8M -189,655 -52%
TIM
80
Thornburg Investment Management
New Mexico
$15.5M -$1.8M -19,169 -10%
RJA
81
Raymond James & Associates
Florida
$15.4M +$3.11M +33,031 +24%
AIA
82
AGF Investments America
Ontario, Canada
$15.3M -$1.39M -14,732 -8%
Royal Bank of Canada
83
Royal Bank of Canada
Ontario, Canada
$15.3M -$2.91M -30,990 -16%
Point72 Asset Management
84
Point72 Asset Management
Connecticut
$15.1M +$461K +4,907 +3%
State of Wisconsin Investment Board
85
State of Wisconsin Investment Board
Wisconsin
$14.7M -$7.74M -82,335 -34%
EAM
86
Erste Asset Management
Austria
$14.6M +$3.07M +32,610 +25%
SEI Investments
87
SEI Investments
Pennsylvania
$14M +$2.48M +26,330 +21%
CS
88
Credit Suisse
Switzerland
$13.9M +$2.26K +24 +0%
Retirement Systems of Alabama
89
Retirement Systems of Alabama
Alabama
$13.8M +$20.8K +221 +0.1%
TCM
90
TimesSquare Capital Management
New York
$13.7M -$8.2M -87,200 -37%
SCA
91
Summit Creek Advisors
Minnesota
$13.6M -$341K -3,622 -2%
SW
92
SVB Wealth
Massachusetts
$13.4M -$6.99M -74,357 -34%
NCGI
93
Next Century Growth Investors
Minnesota
$13.1M -$361K -3,841 -3%
PFM
94
Premier Fund Managers
United Kingdom
$12.8M -$4.7M -50,000 -26%
State Board of Administration of Florida Retirement System
95
State Board of Administration of Florida Retirement System
Florida
$12.3M -$579K -6,160 -4%
LIC
96
Laurus Investment Counsel
Canada
$12.2M +$1.4M +14,915 +13%
LPL Financial
97
LPL Financial
California
$12.2M +$1.72M +18,343 +16%
CS
98
Candriam SCA
Luxembourg
$12M +$188 +2 +0%
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.9M -$881K -9,364 -7%
Envestnet Asset Management
100
Envestnet Asset Management
Illinois
$11.7M +$2.24M +23,805 +23%

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.