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141 hedge funds and large institutions have $1.19B invested in Trex in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $9.57M | Put options by funds: $5.25M

50.37% more ownership

Funds ownership: 731.76%782.12% (+50%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% less capital invested

Capital invested by funds: $1.19B → $1.19B (-$1.82M)

4% less funds holding

Funds holding: 147141 (-6)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

Holders
141
Holders Change
-6
Holders Change %
-4.08%
% of All Funds
4.07%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
21
Increased
49
Reduced
55
Closed
25
Calls
$9.57M
Puts
$5.25M
Net Calls
+$4.32M
Net Calls Change
+$4.08M
Name Holding Trade Value Shares
Change
Change in
Stake
Barrow, Hanley, Mewhinney & Strauss
1
Barrow, Hanley, Mewhinney & Strauss
Texas
$85.1M -$2.72M -303,376 -3%
State Street
2
State Street
Massachusetts
$83.5M +$16.2M +1,806,472 +25%
Vanguard Group
3
Vanguard Group
Pennsylvania
$74.7M +$1.41M +157,192 +2%
Invesco
4
Invesco
Georgia
$68.6M -$9.57M -1,068,784 -12%
Lord, Abbett & Co
5
Lord, Abbett & Co
New Jersey
$62.5M +$6.3M +703,280 +11%
JP Morgan Chase
6
JP Morgan Chase
New York
$52M -$7.4M -826,792 -13%
WHG
7
Westwood Holdings Group
Texas
$45.4M +$44.4M +4,964,920 New
ClearBridge Investments
8
ClearBridge Investments
New York
$43.6M +$22.2M +2,485,704 +109%
Ameriprise
9
Ameriprise
Minnesota
$42.1M +$19.5M +2,177,288 +90%
Goldman Sachs
10
Goldman Sachs
New York
$33.1M +$1.35M +150,344 +4%
BIT
11
BlackRock Institutional Trust
California
$33M -$974K -108,856 -3%
BFA
12
BlackRock Fund Advisors
California
$31.8M +$578K +64,576 +2%
EA
13
Emerald Advisers
Pennsylvania
$30.4M -$1.52M -170,368 -5%
EAM
14
Eagle Asset Management
Florida
$26.4M -$2.3M -256,960 -8%
EMFAT
15
Emerald Mutual Fund Advisers Trust
Pennsylvania
$24.4M -$15.2M -1,696,224 -39%
GGHC
16
Gilder Gagnon Howe & Co
New York
$22.8M -$4.06M -453,224 -15%
KI
17
Kalmar Investments
Delaware
$21.9M -$787K -87,880 -4%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$21.4M +$5.38M +601,416 +35%
SIMG
19
Stephens Investment Management Group
Texas
$18M +$600K +67,080 +4%
Northern Trust
20
Northern Trust
Illinois
$17.8M -$704K -78,680 -4%
DGI
21
Disciplined Growth Investors
Minnesota
$16.5M -$335K -37,400 -2%
HRCM
22
Hood River Capital Management
Florida
$16.3M -$1.31M -146,080 -8%
FCM
23
Frontier Capital Management
Massachusetts
$14.7M -$360K -40,240 -2%
SONJCPFA
24
State of New Jersey Common Pension Fund A
New Jersey
$14.2M +$13.9M +1,554,960 New
CAM
25
Cortina Asset Management
Wisconsin
$14M +$3.46M +386,424 +34%

TREX Hedge Fund Activity: Q1 2014 in Review

141 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2014, worth a combined $1.19B — down 0.15% from $1.19B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of TREX and 21 opened new positions — a net loss of 4 holders — while 55 trimmed existing stakes and 49 added.

The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $44.4M. The largest seller was WHV Investments, exiting entirely with an estimated $20M sold.

  • 141 institutional investors held Trex (TREX) as of Q1 2014, down from 147 in Q4 2013.
  • Funds reported $1.19B of Trex stock for Q1 2014, down 0.15% quarter-over-quarter.
  • 21 funds opened new Trex positions in Q1 2014 and 25 closed out, a net change of -4 holders.
  • The largest Trex buyer in Q1 2014 was Westwood Holdings Group, an estimated $44.4M added.
  • The largest Trex seller in Q1 2014 was WHV Investments, an estimated $20M sold.

Based on aggregated 13F filings for Q1 2014.