Trex
TREX
185 hedge funds and large institutions have $1.31B invested in Trex in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 79 reducing their positions, and 25 closing their positions.
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
8% less call options, than puts
Call options by funds: $2.75M | Put options by funds: $3M
2% less funds holding
Funds holding: 188 → 185 (-3)
7.84% less ownership
Funds ownership: 404.15% → 396.31% (-7.8%)
12% less capital invested
Capital invested by funds: $1.49B → $1.31B (-$180M)
38% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 79
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$12.9M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$9.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.24M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$3.14M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$16.6M |
| 2 |
WCP
Waterfront Capital Partners
New York
|
-$12M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11.7M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$8.95M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$8.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
201
Quantbot Technologies
New York
| – | -$218K | -18,260 | Closed |
|
202
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$192K | -16,976 | Closed |
|
203
SG Americas Securities
New York
| – | -$165K | -13,744 | Closed |
|
204
Walleye Trading
New York
| – | -$35.5K | -3,144 | Closed |
|
|
WIC
205
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$24K | -2,000 | Closed |
|
|
SWA
206
Sutton Wealth Advisors
Tampa,
Florida
| – | -$13.5K | -1,124 | Closed |
|
|
CYG
207
Clean Yield Group
Norwich,
Vermont
| – | -$4.96K | -440 | Closed |
|
|
AIM
208
Acrospire Investment Management
Chicago,
Illinois
| – | -$4K | -304 | Closed |
|
|
TDC
209
Thompson Davis & Co
Richmond,
Virginia
| – | -$1K | -92 | Closed |
|
TREX Hedge Fund Activity: Q2 2016 in Review
185 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2016, worth a combined $1.31B — down 12% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TREX positions and 25 closed out — a net gain of 2 holders — while 49 added to existing stakes and 79 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $12.9M. The largest seller was ClearBridge Investments, cutting an estimated $16.6M.
- 185 institutional investors held Trex (TREX) as of Q2 2016, down from 188 in Q1 2016.
- Funds reported $1.31B of Trex stock for Q2 2016, down 12% quarter-over-quarter.
- 27 funds opened new Trex positions in Q2 2016 and 25 closed out, a net change of +2 holders.
- The largest Trex buyer in Q2 2016 was Fiera Capital (Canada), an estimated $12.9M added.
- The largest Trex seller in Q2 2016 was ClearBridge Investments, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2016.