Trex
TREX
141 hedge funds and large institutions have $1.2B invested in Trex in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 54 reducing their positions, and 26 closing their positions.
82% more call options, than puts
Call options by funds: $9.57M | Put options by funds: $5.25M
64.09% more ownership
Funds ownership: 718.04% → 782.12% (+64%)
1% more capital invested
Capital invested by funds: $1.19B → $1.2B (+$7.94M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 54
5% less funds holding
Funds holding: 148 → 141 (-7)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$44.4M |
| 2 |
ClearBridge Investments
New York
|
+$22.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16.2M |
| 5 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
-$20M |
| 2 |
TA
Teachers Advisors
New York
|
-$11.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.57M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$9.01M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.72M |
TREX Hedge Fund Activity: Q1 2014 in Review
141 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2014, worth a combined $1.2B — up 0.67% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TREX and 21 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 50 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 148 in Q4 2013.
- Funds reported $1.2B of Trex stock for Q1 2014, up 0.67% quarter-over-quarter.
- 21 funds opened new Trex positions in Q1 2014 and 26 closed out, a net change of -5 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.