Trex
TREX
141 hedge funds and large institutions have $1.02B invested in Trex in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 68 reducing their positions, and 22 closing their positions.
26% more call options, than puts
Call options by funds: $8.05M | Put options by funds: $6.4M
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding
Funds holding: 141 → 141 (0)
14% less capital invested
Capital invested by funds: $1.19B → $1.02B (-$171M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 68
361.43% less ownership
Funds ownership: 782.12% → 420.69% (-361%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$58.6M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$58.3M |
| 3 |
JP Morgan Chase
New York
|
+$34.4M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$28.1M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$57.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$17.5M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$11.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$10.7M |
TREX Hedge Fund Activity: Q2 2014 in Review
141 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2014, worth a combined $1.02B — down 14% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TREX positions and 22 closed out — a net gain of 1 holder — while 30 added to existing stakes and 68 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $58.6M. The largest seller was State Street, cutting an estimated $57.5M.
- 141 institutional investors held Trex (TREX) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $1.02B of Trex stock for Q2 2014, down 14% quarter-over-quarter.
- 23 funds opened new Trex positions in Q2 2014 and 22 closed out, a net change of +1 holder.
- The largest Trex buyer in Q2 2014 was BAMCO Inc, an estimated $58.6M added.
- The largest Trex seller in Q2 2014 was State Street, an estimated $57.5M sold.
Based on aggregated 13F filings for Q2 2014.