Trex
TREX
226 hedge funds and large institutions have $2.39B invested in Trex in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 74 reducing their positions, and 20 closing their positions.
64% more call options, than puts
Call options by funds: $7.56M | Put options by funds: $4.6M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
30% more capital invested
Capital invested by funds: $1.84B → $2.39B (+$550M)
15% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 74
3% more funds holding
Funds holding: 220 → 226 (+6)
8.64% less ownership
Funds ownership: 370.2% → 361.56% (-8.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$15.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.34M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.95M |
| 4 |
O
OppenheimerFunds
New York
|
+$5.72M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.8M |
| 2 |
Millennium Management
New York
|
-$29.9M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$22.9M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$8.02M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$4.66M |
TREX Hedge Fund Activity: Q3 2017 in Review
226 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2017, worth a combined $2.39B — up 30% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TREX positions and 20 closed out — a net gain of 10 holders — while 85 added to existing stakes and 74 trimmed.
The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $15.7M. The largest seller was Vanguard Group, cutting an estimated $36.8M.
- 226 institutional investors held Trex (TREX) as of Q3 2017, up from 220 in Q2 2017.
- Funds reported $2.39B of Trex stock for Q3 2017, up 30% quarter-over-quarter.
- 30 funds opened new Trex positions in Q3 2017 and 20 closed out, a net change of +10 holders.
- The largest Trex buyer in Q3 2017 was Nan Shan Life Insurance, an estimated $15.7M added.
- The largest Trex seller in Q3 2017 was Vanguard Group, an estimated $36.8M sold.
Based on aggregated 13F filings for Q3 2017.