Trex
TREX
427 hedge funds and large institutions have $5.09B invested in Trex in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 156 increasing their positions, 156 reducing their positions, and 63 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
38% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $15.4M
16% more capital invested
Capital invested by funds: $4.39B → $5.09B (+$707M)
0.84% more ownership
Funds ownership: 95.32% → 96.16% (+0.84%)
0% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 156
6% less funds holding
Funds holding: 453 → 427 (-26)
33% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$55.4M |
| 2 |
BlackRock
New York
|
+$52.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$49M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$44.4M |
| 5 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$34.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$40M |
| 2 |
Millennium Management
New York
|
-$37.8M |
| 3 |
Two Sigma Investments
New York
|
-$32.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$21.6M |
TREX Hedge Fund Activity: Q1 2023 in Review
427 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2023, worth a combined $5.09B — up 16% from $4.39B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of TREX and 42 opened new positions — a net loss of 21 holders — while 156 trimmed existing stakes and 156 added.
The largest buyer was Impax Asset Management Group, opening a new position worth an estimated $55.4M. The largest seller was BAMCO Inc, cutting an estimated $40M.
- 427 institutional investors held Trex (TREX) as of Q1 2023, down from 453 in Q4 2022.
- Funds reported $5.09B of Trex stock for Q1 2023, up 16% quarter-over-quarter.
- 42 funds opened new Trex positions in Q1 2023 and 63 closed out, a net change of -21 holders.
- The largest Trex buyer in Q1 2023 was Impax Asset Management Group, an estimated $55.4M added.
- The largest Trex seller in Q1 2023 was BAMCO Inc, an estimated $40M sold.
Based on aggregated 13F filings for Q1 2023.