Trex
TREX
150 hedge funds and large institutions have $1.38B invested in Trex in 2014 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 33 increasing their positions, 64 reducing their positions, and 17 closing their positions.
290% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $2.71M
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
18% more capital invested
Capital invested by funds: $1.17B → $1.38B (+$210M)
12% more funds holding
Funds holding: 134 → 150 (+16)
19% less ownership
Funds ownership: 423.43% → 404.44% (-19%)
48% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 64
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$17.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.93M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.98M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$41.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$18.3M |
| 3 |
Goldman Sachs
New York
|
-$17.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.93M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$6.63M |
TREX Hedge Fund Activity: Q4 2014 in Review
150 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2014, worth a combined $1.38B — up 18% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TREX positions and 17 closed out — a net gain of 19 holders — while 33 added to existing stakes and 64 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $17.2M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $41.6M.
- 150 institutional investors held Trex (TREX) as of Q4 2014, up from 134 in Q3 2014.
- Funds reported $1.38B of Trex stock for Q4 2014, up 18% quarter-over-quarter.
- 36 funds opened new Trex positions in Q4 2014 and 17 closed out, a net change of +19 holders.
- The largest Trex buyer in Q4 2014 was Loomis, Sayles & Company, an estimated $17.2M added.
- The largest Trex seller in Q4 2014 was State of New Jersey Common Pension Fund D, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2014.