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217 hedge funds and large institutions have $1.89B invested in Trex in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 76 increasing their positions, 84 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

195% more call options, than puts

Call options by funds: $32.9M | Put options by funds: $11.2M

6% more capital invested

Capital invested by funds: $1.79B → $1.89B (+$101M)

4% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 28

10% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 84

4% less funds holding

Funds holding: 226217 (-9)

7.57% less ownership

Funds ownership: 378.18%370.61% (-7.6%)

100% less funds holding in top 10

Funds holding in top 10: 40 (-4)

Holders
217
Holders Change
-9
Holders Change %
-3.98%
% of All Funds
5.4%
Holding in Top 10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
New
27
Increased
76
Reduced
84
Closed
28
Calls
$32.9M
Puts
$11.2M
Net Calls
+$21.7M
Net Calls Change
+$30.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$258M +$256M +14,851,956 +132,135%
Vanguard Group
2
Vanguard Group
Pennsylvania
$226M +$13.6M +791,384 +6%
ClearBridge Investments
3
ClearBridge Investments
New York
$127M +$38.2M +2,216,292 +43%
BAMCO Inc
4
BAMCO Inc
New York
$81.2M -$9.22M -535,200 -10%
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$76.5M -$7.15M -415,104 -9%
JHIU
6
Janus Henderson Investors US
Colorado
$64.5M -$16.4M -951,644 -20%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$62.6M -$5.98M -346,856 -9%
EAM
8
Eagle Asset Management
Florida
$61.7M +$2.05M +118,940 +3%
WA
9
Wasatch Advisors
Utah
$59.9M -$65.4K -3,796 -0.1%
State Street
10
State Street
Massachusetts
$48M +$3.4M +197,204 +8%
Invesco
11
Invesco
Georgia
$38.8M -$1.67M -96,976 -4%
JP Morgan Chase
12
JP Morgan Chase
New York
$38.1M +$7.46M +432,632 +25%
EA
13
Emerald Advisers
Pennsylvania
$36M -$177K -10,248 -0.5%
CCA
14
Conestoga Capital Advisors
Pennsylvania
$33.9M +$1.75M +101,492 +5%
EMFAT
15
Emerald Mutual Fund Advisers Trust
Pennsylvania
$28.9M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$27.9M +$106K +6,144 +0.4%
Macquarie Group
17
Macquarie Group
Australia
$27.5M -$15.3M -887,464 -36%
DGI
18
Disciplined Growth Investors
Minnesota
$27.4M -$403K -23,400 -1%
Northern Trust
19
Northern Trust
Illinois
$27M +$329K +19,080 +1%
Ameriprise
20
Ameriprise
Minnesota
$25.1M -$9.99M -579,580 -29%
SIMG
21
Stephens Investment Management Group
Texas
$23.1M +$387K +22,448 +2%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$22.4M -$500K -29,000 -2%
Millennium Management
23
Millennium Management
New York
$20.6M +$20.5M +1,187,148 New
FCM
24
Frontier Capital Management
Massachusetts
$20.2M -$279K -16,188 -1%
Principal Financial Group
25
Principal Financial Group
Iowa
$16.4M +$381K +22,084 +2%

TREX Hedge Fund Activity: Q1 2017 in Review

217 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2017, worth a combined $1.89B — up 5.7% from $1.79B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of TREX and 27 opened new positions — a net loss of 1 holder — while 84 trimmed existing stakes and 76 added.

The largest buyer was BlackRock, adding an estimated $256M. The largest seller was Kalmar Investments, cutting an estimated $26.3M.

  • 217 institutional investors held Trex (TREX) as of Q1 2017, down from 226 in Q4 2016.
  • Funds reported $1.89B of Trex stock for Q1 2017, up 5.7% quarter-over-quarter.
  • 27 funds opened new Trex positions in Q1 2017 and 28 closed out, a net change of -1 holder.
  • The largest Trex buyer in Q1 2017 was BlackRock, an estimated $256M added.
  • The largest Trex seller in Q1 2017 was Kalmar Investments, an estimated $26.3M sold.

Based on aggregated 13F filings for Q1 2017.