Trex
TREX
218 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.
293% more call options, than puts
Call options by funds: $44.5M | Put options by funds: $11.3M
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: 227 → 218 (-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: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$256M |
| 2 |
ClearBridge Investments
New York
|
+$38.2M |
| 3 |
Millennium Management
New York
|
+$20.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$26.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$16.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.3M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$12.1M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$10.6M |
TREX Hedge Fund Activity: Q1 2017 in Review
218 of the 4,034 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.
- 218 institutional investors held Trex (TREX) as of Q1 2017, down from 227 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.