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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
SOMRS
151
State of Michigan Retirement System
Michigan
$3.92M +$65.8K +700 +2%
Treasurer of the State of North Carolina
152
Treasurer of the State of North Carolina
North Carolina
$3.88M -$10.3K -110 -0.3%
Rafferty Asset Management
153
Rafferty Asset Management
New York
$3.8M -$983K -10,456 -20%
CIP
154
Capital Insight Partners
Arizona
$3.77M -$150K -1,593 -4%
CAM
155
Congress Asset Management
Massachusetts
$3.76M -$258K -2,744 -6%
OAM
156
Oppenheimer Asset Management
New York
$3.54M -$49.5K -526 -1%
COPPSERS
157
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$3.54M -$3.1K -33 -0.1%
OPERF
158
Oregon Public Employees Retirement Fund
Oregon
$3.52M +$10.3K +110 +0.3%
BSI
159
Bennett Selby Investments
Maine
$3.48M +$62.3K +663 +2%
Tudor Investment Corp
160
Tudor Investment Corp
Connecticut
$3.38M +$2.75M +29,295 +382%
BCI
161
Brinker Capital Investments
Pennsylvania
$3.37M -$2.45M -26,065 -41%
LCG
162
Lisanti Capital Growth
New York
$3.16M +$1.34M +14,255 +70%
ASRS
163
Arizona State Retirement System
Arizona
$3.08M +$12.9K +137 +0.4%
NIP
164
Nicholas Investment Partners
California
$3.04M -$611K -6,501 -16%
BA
165
Bridgewater Associates
Connecticut
$2.99M +$3.07M +32,644 New
MVA
166
Mount Vernon Associates
Maryland
$2.93M +$7.05K +75 +0.2%
AIP
167
Ameritas Investment Partners
Nebraska
$2.91M -$23.7K -252 -0.8%
BMSSC
168
B. Metzler seel. Sohn & Co
Germany
$2.85M
CFMC
169
Curbstone Financial Management Corp
New Hampshire
$2.81M -$306K -3,250 -10%
LSERS
170
Louisiana State Employees Retirement System
Louisiana
$2.75M +$113K +1,200 +4%
SAM
171
Storebrand Asset Management
Norway
$2.65M -$43.2K -459 -2%
TRSOTSOK
172
Teachers Retirement System of the State of Kentucky
Kentucky
$2.58M -$221K -2,349 -8%
MLICM
173
Metropolitan Life Insurance Company (MetLife)
New York
$2.56M +$62.7K +667 +2%
Aviva
174
Aviva
United Kingdom
$2.55M -$458K -4,865 -15%
KCM
175
Kornitzer Capital Management
Kansas
$2.49M -$9.95M -105,820 -80%

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.