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302 hedge funds and large institutions have $3.28B invested in Trex in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 105 increasing their positions, 91 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

15% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 91

7.91% more ownership

Funds ownership: 181.12%189.03% (+7.9%)

4% less funds holding

Funds holding: 314302 (-12)

13% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 61

20% less capital invested

Capital invested by funds: $4.09B → $3.28B (-$810M)

49% less call options, than puts

Call options by funds: $5.13M | Put options by funds: $10.1M

Holders
302
Holders Change
-12
Holders Change %
-3.82%
% of All Funds
6.73%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
53
Increased
105
Reduced
91
Closed
61
Calls
$5.13M
Puts
$10.1M
Net Calls
-$4.98M
Net Calls Change
+$2.88M
Name Holding Trade Value Shares
Change
Change in
Stake
PIA
151
Piedmont Investment Advisors
North Carolina
$830K +$28.2K +902 +3%
Polen Capital Management
152
Polen Capital Management
Florida
$830K +$280K +8,952 +47%
XK
153
Xact Kapitalforvaltning
Sweden
$826K +$263K +8,400 +43%
PI
154
PineBridge Investments
New York
$802K +$108K +3,452 +15%
PCM
155
Prelude Capital Management
New York
$798K +$842K +26,902 New
SCM
156
Shelton Capital Management
Colorado
$766K -$538K -17,200 -40%
Public Employees Retirement Association of Colorado
157
Public Employees Retirement Association of Colorado
Colorado
$668K
AWM
158
Aries Wealth Management
Maine
$605K
EP
159
Elkfork Partners
Oregon
$597K
Northwestern Mutual Wealth Management
160
Northwestern Mutual Wealth Management
Wisconsin
$594K
WG
161
Winton Group
United Kingdom
$571K -$13.5M -431,046 -96%
Voloridge Investment Management
162
Voloridge Investment Management
Florida
$550K -$3.82M -122,182 -87%
AB
163
Amalgamated Bank
New York
$549K +$324K +10,342 +127%
USAA
164
United Services Automobile Association
Texas
$534K -$2.22M -70,766 -80%
Stifel Financial
165
Stifel Financial
Missouri
$522K +$365K +11,662 +197%
DekaBank Deutsche Girozentrale
166
DekaBank Deutsche Girozentrale
Germany
$518K -$106K -3,400 -16%
GHCM
167
Glen Harbor Capital Management
California
$492K
LCM
168
Landscape Capital Management
New Jersey
$490K +$517K +16,512 New
ProShare Advisors
169
ProShare Advisors
Maryland
$483K -$56.2K -1,794 -10%
Nisa Investment Advisors
170
Nisa Investment Advisors
Missouri
$480K
RJFSA
171
Raymond James Financial Services Advisors
Florida
$477K +$13.9K +444 +3%
RG
172
Renaissance Group
Kentucky
$474K +$64.7K +2,066 +15%
PA
173
Profund Advisors
Maryland
$459K -$256K -8,178 -35%
SIC
174
SFE Investment Counsel
California
$447K -$506K -16,170 -52%
RCM
175
Riverhead Capital Management
Delaware
$441K

TREX Hedge Fund Activity: Q4 2018 in Review

302 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2018, worth a combined $3.28B — down 20% from $4.09B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of TREX and 53 opened new positions — a net loss of 8 holders — while 91 trimmed existing stakes and 105 added.

The largest buyer was William Blair Investment Management, opening a new position worth an estimated $106M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $35.8M sold.

  • 302 institutional investors held Trex (TREX) as of Q4 2018, down from 314 in Q3 2018.
  • Funds reported $3.28B of Trex stock for Q4 2018, down 20% quarter-over-quarter.
  • 53 funds opened new Trex positions in Q4 2018 and 61 closed out, a net change of -8 holders.
  • The largest Trex buyer in Q4 2018 was William Blair Investment Management, an estimated $106M added.
  • The largest Trex seller in Q4 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $35.8M sold.

Based on aggregated 13F filings for Q4 2018.