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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
WT
176
Washington Trust
Rhode Island
$416K
FMT
177
First Mercantile Trust
Tennessee
$404K -$79.8K -2,548 -16%
Capital Fund Management (CFM)
178
Capital Fund Management (CFM)
France
$392K -$426K -13,600 -51%
MCIM
179
Meadow Creek Investment Management
Georgia
$386K
SRAM
180
Stone Ridge Asset Management
New York
$383K
BFEC
181
Benjamin F. Edwards & Company
Missouri
$370K +$108K +3,438 +38%
BFM
182
Boothbay Fund Management
New York
$351K +$370K +11,826 New
SLF
183
Sun Life Financial
Ontario, Canada
$349K +$1.88K +60 +0.5%
SI
184
Stephens Inc
Arkansas
$345K +$14.9K +476 +4%
UFF
185
USA Financial Formulas
Michigan
$343K +$279K +8,900 New
EWM
186
Evermay Wealth Management
Virginia
$336K -$3.19K -102 -0.9%
ONB
187
Old National Bancorp
Indiana
$334K +$1.25K +40 +0.4%
FDCDDQ
188
Federation des caisses Desjardins du Quebec
Quebec, Canada
$331K
AA
189
ALPS Advisors
Colorado
$330K -$17K -544 -5%
PSUF
190
People's United Financial
Connecticut
$330K
CGH
191
Crossmark Global Holdings
Texas
$328K -$504K -16,100 -59%
Axa
192
Axa
France
$321K
SDIC
193
South Dakota Investment Council
South Dakota
$321K
SEI Investments
194
SEI Investments
Pennsylvania
$314K +$108K +3,466 +61%
DADC
195
D.A. Davidson & Co
Montana
$311K -$91.1K -2,910 -22%
OAM
196
Origin Asset Management
United Kingdom
$309K -$43.8K -1,400 -12%
LPL Financial
197
LPL Financial
California
$300K -$289K -9,242 -48%
PI
198
PEAK6 Investments
Illinois
$299K -$1.06M -33,732 -77%
AIP
199
Ameritas Investment Partners
Nebraska
$292K
FCM
200
Flinton Capital Management
Pennsylvania
$281K

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.