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163 hedge funds and large institutions have $1.02B invested in Trex in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more call options, than puts

Call options by funds: $3.62M | Put options by funds: $2.9M

14% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 49

3% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 39

1% less funds holding

Funds holding: 165163 (-2)

4.8% less ownership

Funds ownership: 388.87%384.07% (-4.8%)

33% less capital invested

Capital invested by funds: $1.54B → $1.02B (-$516M)

Holders
163
Holders Change
-2
Holders Change %
-1.21%
% of All Funds
4.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
38
Increased
56
Reduced
49
Closed
39
Calls
$3.62M
Puts
$2.9M
Net Calls
+$717K
Net Calls Change
-$3.44M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$71M -$519K -50,500 -0.6%
ClearBridge Investments
2
ClearBridge Investments
New York
$62.4M +$8.87M +863,776 +13%
BAMCO Inc
3
BAMCO Inc
New York
$58.7M -$8.91M -867,448 -11%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$53M -$9.63M -937,104 -13%
Millennium Management
5
Millennium Management
New York
$45.2M +$55.7M +5,419,596 New
BFA
6
BlackRock Fund Advisors
California
$43.6M +$4.15M +404,348 +8%
KI
7
Kalmar Investments
Delaware
$37.5M -$4.85M -471,980 -9%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$31.4M +$1.94M +188,348 +5%
EAM
9
Eagle Asset Management
Florida
$30.7M -$18.3M -1,781,864 -33%
Invesco
10
Invesco
Georgia
$29.4M -$5.44M -529,612 -13%
State of New Jersey Common Pension Fund D
11
State of New Jersey Common Pension Fund D
New Jersey
$26M +$29.6M +2,880,000 +1,200%
BIT
12
BlackRock Institutional Trust
California
$25.6M -$1.51M -146,828 -5%
Citadel Advisors
13
Citadel Advisors
Florida
$25.2M +$29.5M +2,876,020 +1,932%
WA
14
Wasatch Advisors
Utah
$25.1M +$29.8M +2,904,376 +2,691%
Ameriprise
15
Ameriprise
Minnesota
$22.7M +$3.9M +379,376 +16%
KCM
16
Kornitzer Capital Management
Kansas
$21.9M +$27M +2,632,600 New
JP Morgan Chase
17
JP Morgan Chase
New York
$20.7M -$75.4M -7,338,048 -75%
Norges Bank
18
Norges Bank
Norway
$20.6M
CCA
19
Conestoga Capital Advisors
Pennsylvania
$18M +$22.2M +2,157,360 New
EA
20
Emerald Advisers
Pennsylvania
$17.8M +$1.38M +133,840 +7%
State Street
21
State Street
Massachusetts
$17.2M -$44M -4,282,700 -67%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$17.2M +$96.3K +9,372 +0.5%
EMFAT
23
Emerald Mutual Fund Advisers Trust
Pennsylvania
$16.7M +$6.29M +612,256 +44%
WHG
24
Westwood Holdings Group
Texas
$16M -$19.2M -1,869,024 -49%
WCP
25
Waterfront Capital Partners
New York
$14M +$9.04M +880,000 +110%

TREX Hedge Fund Activity: Q3 2015 in Review

163 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q3 2015, worth a combined $1.02B — down 33% from $1.54B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of TREX and 38 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 56 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $55.7M. The largest seller was JP Morgan Chase, cutting an estimated $75.4M.

  • 163 institutional investors held Trex (TREX) as of Q3 2015, down from 165 in Q2 2015.
  • Funds reported $1.02B of Trex stock for Q3 2015, down 33% quarter-over-quarter.
  • 38 funds opened new Trex positions in Q3 2015 and 39 closed out, a net change of -1 holder.
  • The largest Trex buyer in Q3 2015 was Millennium Management, an estimated $55.7M added.
  • The largest Trex seller in Q3 2015 was JP Morgan Chase, an estimated $75.4M sold.

Based on aggregated 13F filings for Q3 2015.