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302 hedge funds and large institutions have $4.51B invested in Trex in 2019 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 106 increasing their positions, 100 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

28% more capital invested

Capital invested by funds: $3.53B → $4.51B (+$988M)

20.68% more ownership

Funds ownership: 194.65%215.32% (+21%)

6% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 100

4% less call options, than puts

Call options by funds: $13.4M | Put options by funds: $14M

7% less funds holding

Funds holding: 326302 (-24)

28% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 65

Holders
302
Holders Change
-24
Holders Change %
-7.36%
% of All Funds
6.56%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.13%
New
47
Increased
106
Reduced
100
Closed
65
Calls
$13.4M
Puts
$14M
Net Calls
-$554K
Net Calls Change
+$314K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
201
Bank of Montreal
Ontario, Canada
$458K +$94K +2,774 +28%
SI
202
Stephens Inc
Arkansas
$443K +$34.5K +1,018 +9%
BNP Paribas Financial Markets
203
BNP Paribas Financial Markets
France
$436K -$517K -15,268 -56%
Brown Advisory
204
Brown Advisory
Maryland
$433K -$596K -17,578 -59%
FMT
205
First Mercantile Trust
Tennessee
$430K -$35.9K -1,060 -8%
CIM
206
CIM Investment Management
Pennsylvania
$424K -$8.68K -256 -2%
EWM
207
Evermay Wealth Management
Virginia
$406K
SPIA
208
Steward Partners Investment Advisory
New York
$397K +$376K +11,100 New
AA
209
ALPS Advisors
Colorado
$382K -$19K -560 -5%
NSEDCP
210
NJ State Employees Deferred Compensation Plan
New Jersey
$359K +$339K +10,000 New
CMANY
211
Capital Management Associates (New York)
New York
$358K +$339K +10,000 New
CGH
212
Crossmark Global Holdings
Texas
$356K -$32.8K -968 -9%
RJFSA
213
Raymond James Financial Services Advisors
Florida
$356K +$13.6K +400 +4%
FCM
214
Flinton Capital Management
Pennsylvania
$340K
LTFS
215
Ladenburg Thalmann Financial Services
Florida
$335K -$5.56K -164 -2%
HI
216
Harrington Investments
California
$335K +$6.78K +200 +2%
PAM
217
Panagora Asset Management
Massachusetts
$321K -$5.58M -164,786 -95%
Schroder Investment Management Group
218
Schroder Investment Management Group
United Kingdom
$315K +$298K +8,784 New
KBC Group
219
KBC Group
Belgium
$312K -$1.29M -37,968 -81%
Rafferty Asset Management
220
Rafferty Asset Management
New York
$312K +$295K +8,700 New
Truist Financial
221
Truist Financial
North Carolina
$306K -$21.6K -636 -7%
DTL
222
Dynamic Technology Lab
Singapore
$297K -$2.37M -69,876 -89%
RS
223
Robeco Schweiz
Switzerland
$294K +$286K +8,436 New
BAM
224
Blueshift Asset Management
New Jersey
$293K +$277K +8,180 New
CB
225
Commerce Bank
Missouri
$287K

TREX Hedge Fund Activity: Q2 2019 in Review

302 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2019, worth a combined $4.51B — up 28% from $3.53B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of TREX and 47 opened new positions — a net loss of 18 holders — while 100 trimmed existing stakes and 106 added.

The largest buyer was William Blair Investment Management, adding an estimated $55.5M. The largest seller was Morgan Stanley, cutting an estimated $96.7M.

  • 302 institutional investors held Trex (TREX) as of Q2 2019, down from 326 in Q1 2019.
  • Funds reported $4.51B of Trex stock for Q2 2019, up 28% quarter-over-quarter.
  • 47 funds opened new Trex positions in Q2 2019 and 65 closed out, a net change of -18 holders.
  • The largest Trex buyer in Q2 2019 was William Blair Investment Management, an estimated $55.5M added.
  • The largest Trex seller in Q2 2019 was Morgan Stanley, an estimated $96.7M sold.

Based on aggregated 13F filings for Q2 2019.