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281 hedge funds and large institutions have $2.84B invested in Trex in 2017 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 68 increasing their positions, 103 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 10

142% more call options, than puts

Call options by funds: $8.17M | Put options by funds: $3.38M

24% more funds holding

Funds holding: 226281 (+55)

19% more capital invested

Capital invested by funds: $2.39B → $2.84B (+$449M)

3.16% more ownership

Funds ownership: 361.56%364.72% (+3.2%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

34% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 103

Holders
281
Holders Change
+55
Holders Change %
+24.34%
% of All Funds
6.37%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
65
Increased
68
Reduced
103
Closed
10
Calls
$8.17M
Puts
$3.38M
Net Calls
+$4.79M
Net Calls Change
+$1.83M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$431M +$21.9M +862,088 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$293M -$1.86M -72,996 -0.7%
ClearBridge Investments
3
ClearBridge Investments
New York
$185M -$13M -509,396 -7%
BAMCO Inc
4
BAMCO Inc
New York
$127M -$1.39M -54,676 -1%
EAM
5
Eagle Asset Management
Florida
$105M -$750K -29,452 -0.8%
State Street
6
State Street
Massachusetts
$96.2M +$17.4M +685,308 +24%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$95.7M +$239K +9,408 +0.3%
WA
8
Wasatch Advisors
Utah
$91.7M -$7.29M -286,244 -8%
Barrow, Hanley, Mewhinney & Strauss
9
Barrow, Hanley, Mewhinney & Strauss
Texas
$85.1M -$18.3M -718,728 -19%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$73.1M -$16.3M -640,940 -19%
CCA
11
Conestoga Capital Advisors
Pennsylvania
$72.7M +$7.96M +312,800 +13%
JP Morgan Chase
12
JP Morgan Chase
New York
$57M +$6.14M +241,228 +13%
Invesco
13
Invesco
Georgia
$46.9M -$2.74M -107,648 -6%
Northern Trust
14
Northern Trust
Illinois
$42.2M -$605K -23,748 -2%
EA
15
Emerald Advisers
Pennsylvania
$42M -$13.8M -542,580 -26%
Morgan Stanley
16
Morgan Stanley
New York
$41.5M +$22.1M +868,900 +131%
DGI
17
Disciplined Growth Investors
Minnesota
$40.1M -$537K -21,112 -1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$39.6M -$904K -35,500 -2%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$34.9M +$24.8M +976,028 +314%
Lord, Abbett & Co
20
Lord, Abbett & Co
New Jersey
$33.5M +$20.3M +797,064 +182%
EMFAT
21
Emerald Mutual Fund Advisers Trust
Pennsylvania
$32.9M -$14.5M -568,364 -32%
Ameriprise
22
Ameriprise
Minnesota
$32.7M -$850K -33,392 -3%
FCM
23
Frontier Capital Management
Massachusetts
$30.4M -$516K -20,268 -2%
TA
24
Teachers Advisors
New York
$28.4M +$410K +16,116 +2%
JIM
25
Jupiter Investment Management
United Kingdom
$27.3M +$14.8M +582,540 +137%

TREX Hedge Fund Activity: Q4 2017 in Review

281 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2017, worth a combined $2.84B — up 19% from $2.39B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new TREX positions and 10 closed out — a net gain of 55 holders — while 68 added to existing stakes and 103 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $24.8M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $18.6M sold.

  • 281 institutional investors held Trex (TREX) as of Q4 2017, up from 226 in Q3 2017.
  • Funds reported $2.84B of Trex stock for Q4 2017, up 19% quarter-over-quarter.
  • 65 funds opened new Trex positions in Q4 2017 and 10 closed out, a net change of +55 holders.
  • The largest Trex buyer in Q4 2017 was Fidelity Investments, an estimated $24.8M added.
  • The largest Trex seller in Q4 2017 was Nan Shan Life Insurance, an estimated $18.6M sold.

Based on aggregated 13F filings for Q4 2017.