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528 hedge funds and large institutions have $10.2B invested in Trex in 2024 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 159 increasing their positions, 213 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 32

17% more capital invested

Capital invested by funds: $8.72B → $10.2B (+$1.49B)

9% more funds holding

Funds holding: 483528 (+45)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

2.63% less ownership

Funds ownership: 97.01%94.38% (-2.6%)

25% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 213

30% less call options, than puts

Call options by funds: $31.9M | Put options by funds: $45.9M

Holders
528
Holders Change
+45
Holders Change %
+9.32%
% of All Funds
7.61%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
83
Increased
159
Reduced
213
Closed
32
Calls
$31.9M
Puts
$45.9M
Net Calls
-$14M
Net Calls Change
-$28.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
201
Storebrand Asset Management
Norway
$2.92M -$659K -7,397 -20%
IMRF
202
Illinois Municipal Retirement Fund
Illinois
$2.88M
GC
203
Guggenheim Capital
Illinois
$2.87M +$2.09M +23,494 +449%
CFMC
204
Curbstone Financial Management Corp
New Hampshire
$2.85M -$57.9K -650 -2%
OPERF
205
Oregon Public Employees Retirement Fund
Oregon
$2.67M -$342K -3,839 -13%
SOMRS
206
State of Michigan Retirement System
Michigan
$2.66M +$53.4K +600 +2%
Susquehanna International Group
207
Susquehanna International Group
Pennsylvania
$2.64M +$1.26M +14,195 +115%
GAM
208
Gotham Asset Management
New York
$2.63M +$65.5K +736 +3%
Holocene Advisors
209
Holocene Advisors
New York
$2.57M -$2.55M -28,641 -53%
MCA
210
Martin Capital Advisors
Texas
$2.54M -$22.3K -250 -1%
Zurich Cantonal Bank
211
Zurich Cantonal Bank
Switzerland
$2.47M -$47.2K -530 -2%
Nisa Investment Advisors
212
Nisa Investment Advisors
Missouri
$2.44M +$895K +10,049 +70%
NMIMC
213
Northwestern Mutual Investment Management Company
Wisconsin
$2.42M +$5.43K +61 +0.3%
Teacher Retirement System of Texas
214
Teacher Retirement System of Texas
Texas
$2.4M -$89.1K -1,001 -4%
COPPSERS
215
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.4M +$5.34K +60 +0.3%
Pacer Advisors
216
Pacer Advisors
Pennsylvania
$2.36M +$656K +7,372 +45%
Osaic Holdings
217
Osaic Holdings
Arizona
$2.28M -$2.32M -26,055 -53%
X
218
Xponance
Pennsylvania
$2.28M -$67.1K -754 -3%
RG
219
Rathbones Group
United Kingdom
$2.27M
NMERB
220
New Mexico Educational Retirement Board
New Mexico
$2.23M
SLI
221
Sumitomo Life Insurance
Japan
$2.21M -$50.8K -571 -3%
TCM
222
Teza Capital Management
Illinois
$2.2M +$395K +4,438 +25%
AI
223
Axiom Investors
Connecticut
$2.19M +$382K +4,295 +24%
DB
224
Danske Bank
Denmark
$2.17M +$1.94M +21,738 New
RFA
225
RTD Financial Advisors
Pennsylvania
$2.05M

TREX Hedge Fund Activity: Q1 2024 in Review

528 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2024, worth a combined $10.2B — up 17% from $8.72B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new TREX positions and 32 closed out — a net gain of 51 holders — while 159 added to existing stakes and 213 trimmed.

The largest buyer was Invesco, adding an estimated $71.7M. The largest seller was Morgan Stanley, cutting an estimated $95.8M.

  • 528 institutional investors held Trex (TREX) as of Q1 2024, up from 483 in Q4 2023.
  • Funds reported $10.2B of Trex stock for Q1 2024, up 17% quarter-over-quarter.
  • 83 funds opened new Trex positions in Q1 2024 and 32 closed out, a net change of +51 holders.
  • The largest Trex buyer in Q1 2024 was Invesco, an estimated $71.7M added.
  • The largest Trex seller in Q1 2024 was Morgan Stanley, an estimated $95.8M sold.

Based on aggregated 13F filings for Q1 2024.