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455 hedge funds and large institutions have $6.96B invested in Trex in 2023 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 155 increasing their positions, 147 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

61% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 49

55% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $15.1M

37% more capital invested

Capital invested by funds: $5.09B → $6.96B (+$1.86B)

7% more funds holding

Funds holding: 427455 (+28)

1.39% more ownership

Funds ownership: 96.16%97.56% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 147

Holders
455
Holders Change
+28
Holders Change %
+6.56%
% of All Funds
7.14%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.11%
New
79
Increased
155
Reduced
147
Closed
49
Calls
$23.3M
Puts
$15.1M
Net Calls
+$8.25M
Net Calls Change
+$2.45M
Name Holding Trade Value Shares
Change
Change in
Stake
SOMRS
201
State of Michigan Retirement System
Michigan
$1.76M -$50.2K -900 -3%
Bank Julius Baer & Co
202
Bank Julius Baer & Co
Switzerland
$1.71M -$27.3K -489 -2%
NFAM
203
North Fourth Asset Management
New Jersey
$1.71M +$1.46M +26,080 New
TAM
204
Trillium Asset Management
Massachusetts
$1.68M +$24.8K +445 +2%
JCA
205
Jade Capital Advisors
New Jersey
$1.64M +$837K +15,000 +150%
X
206
Xponance
Pennsylvania
$1.63M -$58K -1,040 -4%
MCA
207
Martin Capital Advisors
Texas
$1.61M +$27.2K +487 +2%
NMIMC
208
Northwestern Mutual Investment Management Company
Wisconsin
$1.59M -$9.32K -167 -0.7%
GAA
209
Green Alpha Advisors
Colorado
$1.57M +$62.2K +1,114 +5%
Rafferty Asset Management
210
Rafferty Asset Management
New York
$1.57M +$49.2K +882 +4%
First Trust Advisors
211
First Trust Advisors
Illinois
$1.57M +$1.33M +23,882 New
SIA
212
Schechter Investment Advisors
Michigan
$1.54M +$61.8K +1,108 +5%
Pacer Advisors
213
Pacer Advisors
Pennsylvania
$1.48M +$1.02M +18,321 +428%
MML Investors Services
214
MML Investors Services
Massachusetts
$1.48M +$242K +4,329 +24%
Squarepoint
215
Squarepoint
New York
$1.47M +$428K +7,678 +52%
DA
216
Duality Advisers
Florida
$1.47M +$1.25M +22,418 New
NMERB
217
New Mexico Educational Retirement Board
New Mexico
$1.47M +$139K +2,500 +13%
AIMCA
218
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.44M -$465K -8,336 -28%
MGIM
219
M&G Investment Management
United Kingdom
$1.37M +$503K +9,023 +77%
RFA
220
RTD Financial Advisors
Pennsylvania
$1.35M
Zurich Cantonal Bank
221
Zurich Cantonal Bank
Switzerland
$1.33M +$176K +3,158 +18%
TRSOTSOK
222
Teachers Retirement System of the State of Kentucky
Kentucky
$1.28M +$101K +1,812 +10%
Teacher Retirement System of Texas
223
Teacher Retirement System of Texas
Texas
$1.27M +$148K +2,660 +16%
PFM
224
Premier Fund Managers
United Kingdom
$1.26M
KBC Group
225
KBC Group
Belgium
$1.25M -$26.3K -471 -2%

TREX Hedge Fund Activity: Q2 2023 in Review

455 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2023, worth a combined $6.96B — up 37% from $5.09B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 49 closed out — a net gain of 30 holders — while 155 added to existing stakes and 147 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $43.3M. The largest seller was Balyasny Asset Management, cutting an estimated $65.7M.

  • 455 institutional investors held Trex (TREX) as of Q2 2023, up from 427 in Q1 2023.
  • Funds reported $6.96B of Trex stock for Q2 2023, up 37% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q2 2023 and 49 closed out, a net change of +30 holders.
  • The largest Trex buyer in Q2 2023 was AllianceBernstein, an estimated $43.3M added.
  • The largest Trex seller in Q2 2023 was Balyasny Asset Management, an estimated $65.7M sold.

Based on aggregated 13F filings for Q2 2023.