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481 hedge funds and large institutions have $6.56B invested in Trex in 2023 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 169 increasing their positions, 169 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $67.9M | Put options by funds: $33.1M

58% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 50

6% more funds holding

Funds holding: 455481 (+26)

0.32% more ownership

Funds ownership: 97.56%97.87% (+0.32%)

0% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 169

6% less capital invested

Capital invested by funds: $6.96B → $6.56B (-$392M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
481
Holders Change
+26
Holders Change %
+5.71%
% of All Funds
7.63%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
79
Increased
169
Reduced
169
Closed
50
Calls
$67.9M
Puts
$33.1M
Net Calls
+$34.8M
Net Calls Change
+$26.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
76
Goldman Sachs
New York
$14.1M +$3.05M +44,511 +24%
SCA
77
Summit Creek Advisors
Minnesota
$13.3M -$1.52M -22,150 -9%
Two Sigma Advisers
78
Two Sigma Advisers
New York
$13.3M +$4.08M +59,500 +38%
RJA
79
Raymond James & Associates
Florida
$13M -$3.54M -51,557 -20%
Comerica Bank
80
Comerica Bank
Texas
$12.7M +$14.2M +206,852 New
Victory Capital Management
81
Victory Capital Management
Texas
$12.2M +$381K +5,548 +3%
Qube Research & Technologies (QRT)
82
Qube Research & Technologies (QRT)
United Kingdom
$12.2M +$13.5M +197,379 New
UBS AM
83
UBS AM
Illinois
$12.1M +$1.13M +16,454 +9%
BNP Paribas Financial Markets
84
BNP Paribas Financial Markets
France
$10.7M +$7.6M +110,795 +175%
DC
85
Davenport & Co
Virginia
$10.3M -$14.5K -212 -0.1%
Legal & General Group
86
Legal & General Group
United Kingdom
$10.3M -$223K -3,243 -2%
Wells Fargo
87
Wells Fargo
California
$10.3M +$772K +11,256 +7%
KCM
88
Kornitzer Capital Management
Kansas
$10M
California Public Employees Retirement System
89
California Public Employees Retirement System
California
$9.97M -$234K -3,408 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
90
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$9.73M -$7.51M -109,484 -41%
DekaBank Deutsche Girozentrale
91
DekaBank Deutsche Girozentrale
Germany
$9.73M +$10.7M +155,900 New
KCM
92
Kennedy Capital Management
Missouri
$9.69M +$600K +8,750 +6%
Schroder Investment Management Group
93
Schroder Investment Management Group
United Kingdom
$9.55M -$1.19M -17,371 -10%
AIG
94
American International Group
New York
$9.49M -$771K -11,235 -7%
Empower Advisory Group
95
Empower Advisory Group
Colorado
$9.12M -$9.13K -133 -0.1%
SAM
96
Silvercrest Asset Management
New York
$8.66M -$16.7M -243,300 -63%
AIP
97
Alapocas Investment Partners
Massachusetts
$8.59M +$120K +1,753 +1%
Tudor Investment Corp
98
Tudor Investment Corp
Connecticut
$8.53M +$9.04M +131,830 +2,017%
SW
99
SVB Wealth
Massachusetts
$8.36M -$618K -9,014 -6%
Retirement Systems of Alabama
100
Retirement Systems of Alabama
Alabama
$8.35M -$320K -4,662 -3%

TREX Hedge Fund Activity: Q3 2023 in Review

481 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2023, worth a combined $6.56B — down 5.6% from $6.96B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 50 closed out — a net gain of 29 holders — while 169 added to existing stakes and 169 trimmed.

The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $42.1M. The largest seller was Wasatch Advisors, cutting an estimated $77.8M.

  • 481 institutional investors held Trex (TREX) as of Q3 2023, up from 455 in Q2 2023.
  • Funds reported $6.56B of Trex stock for Q3 2023, down 5.6% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q3 2023 and 50 closed out, a net change of +29 holders.
  • The largest Trex buyer in Q3 2023 was Cubist Systematic Strategies, an estimated $42.1M added.
  • The largest Trex seller in Q3 2023 was Wasatch Advisors, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2023.