Trex
TREX
188 hedge funds and large institutions have $1.49B invested in Trex in 2016 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 64 increasing their positions, 52 reducing their positions, and 22 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
208% more call options, than puts
Call options by funds: $4.55M | Put options by funds: $1.48M
123% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 22
23% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 52
23% more capital invested
Capital invested by funds: $1.21B → $1.49B (+$276M)
16% more funds holding
Funds holding: 162 → 188 (+26)
8.2% less ownership
Funds ownership: 412.35% → 404.15% (-8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$37.1M |
| 2 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$8.92M |
| 3 |
Bank of New York Mellon
New York
|
+$8.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.41M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$32.7M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$30.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.1M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
-$10.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
201
Boothbay Fund Management
New York
| – | -$305K | -32,056 | Closed |
|
|
LCM
202
Laurion Capital Management
New York
| – | -$232K | -24,400 | Closed |
|
|
HIP
203
Hatteras Investment Partners
Raleigh,
North Carolina
| – | -$222K | -23,372 | Closed |
|
|
HA
204
Harfst & Associates
Sheridan,
Wyoming
| – | -$76K | -8,072 | Closed |
|
|
SF
205
Synovus Financial
Columbus,
Georgia
| – | -$27K | -2,800 | Closed |
|
206
Parallax Volatility Advisers
San Francisco,
California
| – | -$10K | -1,088 | Closed |
|
|
TRCT
207
Tower Research Capital (TRC)
New York
| – | -$8K | -800 | Closed |
|
|
QCG
208
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6K | -632 | Closed |
|
|
IA
209
IFP Advisors
Tampa,
Florida
| – | -$1K | -92 | Closed |
|
|
CCA
210
Checchi Capital Advisers
Beverly Hills,
California
| – | +$273 | +28 | New |
|
TREX Hedge Fund Activity: Q1 2016 in Review
188 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2016, worth a combined $1.49B — up 23% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new TREX positions and 22 closed out — a net gain of 27 holders — while 64 added to existing stakes and 52 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $37.1M. The largest seller was SG Capital Management, exiting entirely with an estimated $32.7M sold.
- 188 institutional investors held Trex (TREX) as of Q1 2016, up from 162 in Q4 2015.
- Funds reported $1.49B of Trex stock for Q1 2016, up 23% quarter-over-quarter.
- 49 funds opened new Trex positions in Q1 2016 and 22 closed out, a net change of +27 holders.
- The largest Trex buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $37.1M added.
- The largest Trex seller in Q1 2016 was SG Capital Management, an estimated $32.7M sold.
Based on aggregated 13F filings for Q1 2016.