Trex
TREX
163 hedge funds and large institutions have $1.21B invested in Trex in 2015 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 59 reducing their positions, and 27 closing their positions.
30% more capital inflows, than outflows
Capital inflows: $201M | Capital outflows: $155M
28% more call options, than puts
Call options by funds: $2.23M | Put options by funds: $1.74M
7.06% more ownership
Funds ownership: 96.02% → 103.08% (+7.1%)
1% less funds holding
Funds holding: 164 → 163 (-1)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
10% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Investors US
Denver,
Colorado
|
+$49M |
| 2 |
SG Capital Management
Chicago,
Illinois
|
+$34.4M |
| 3 |
Westwood Holdings Group
Dallas,
Texas
|
+$26.7M |
| 4 |
Ranger Investment Management
Dallas,
Texas
|
+$16.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$53.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$14.8M |
| 3 |
Eagle Asset Management
St Petersburg,
Florida
|
-$12.3M |
| 4 |
Renaissance Technologies
New York
|
-$8.52M |
| 5 |
RK Capital Management (Colorado)
Denver,
Colorado
|
-$8.17M |
TREX Hedge Fund Activity: Q4 2015 in Review
163 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2015, worth a combined $1.21B — up 18% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TREX and 26 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 53 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $49M. The largest seller was Millennium Management, cutting an estimated $53.1M.
- 163 institutional investors held Trex (TREX) as of Q4 2015, down from 164 in Q3 2015.
- Funds reported $1.21B of Trex stock for Q4 2015, up 18% quarter-over-quarter.
- 26 funds opened new Trex positions in Q4 2015 and 27 closed out, a net change of -1 holder.
- The largest Trex buyer in Q4 2015 was Janus Henderson Investors US, an estimated $49M added.
- The largest Trex seller in Q4 2015 was Millennium Management, an estimated $53.1M sold.
Based on aggregated 13F filings for Q4 2015.