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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
BNP Paribas Asset Management
101
BNP Paribas Asset Management
France
$11.2M -$3.51M -37,300 -23%
New York State Teachers Retirement System (NYSTRS)
102
New York State Teachers Retirement System (NYSTRS)
New York
$10.9M -$490K -5,211 -4%
MOACM
103
Mutual of America Capital Management
New York
$10.4M -$8.16M -86,746 -43%
Millennium Management
104
Millennium Management
New York
$9.85M -$7.18M -76,395 -42%
WCM Investment Management
105
WCM Investment Management
California
$9.64M -$186K -1,974 -2%
DILIC
106
Dai-ichi Life Insurance Company
Japan
$9.34M +$1.03M +11,000 +12%
DCM
107
Driehaus Capital Management
Illinois
$9.3M +$2.17M +23,128 +29%
DekaBank Deutsche Girozentrale
108
DekaBank Deutsche Girozentrale
Germany
$8.68M -$583K -6,200 -6%
Russell Investments Group
109
Russell Investments Group
United Kingdom
$8.54M -$643K -6,841 -7%
EVM
110
Eaton Vance Management
Massachusetts
$8.31M +$275K +2,923 +3%
IECM
111
Intrinsic Edge Capital Management
Illinois
$8.25M -$10.9M -115,583 -56%
SIA
112
Sit Investment Associates
Minnesota
$8.14M
HI
113
Handelsinvest Investeringsforvaltning
Denmark
$8.12M -$1.2M -12,800 -13%
SCA
114
Snowden Capital Advisors
New York
$8.12M +$361K +3,844 +5%
SBH
115
Segall Bryant & Hamill
Illinois
$8M -$129K -1,372 -2%
TPSF
116
Texas Permanent School Fund
Texas
$7.92M -$903K -9,607 -10%
Citigroup
117
Citigroup
New York
$7.42M +$1.36M +14,456 +22%
ACP
118
Ashfield Capital Partners
California
$7.39M +$2.55M +27,165 +51%
LCM
119
Landscape Capital Management
New Jersey
$7.09M +$3.04M +32,289 +71%
SMDAM
120
Sumitomo Mitsui DS Asset Management
Japan
$6.74M +$6.93M +73,675 New
State of New Jersey Common Pension Fund D
121
State of New Jersey Common Pension Fund D
New Jersey
$6.74M -$256K -2,717 -4%
UBS Group
122
UBS Group
Switzerland
$6.72M +$1.02M +10,853 +17%
LWCFA
123
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$6.25M +$4.36M +46,397 +212%
Polen Capital Management
124
Polen Capital Management
Florida
$6.24M -$3.4M -36,196 -35%
SCM
125
Sandler Capital Management
New York
$6.15M -$2.15M -22,820 -25%

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.