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273 hedge funds and large institutions have $2.89B invested in Trex in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 104 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $8.08M | Put options by funds: $7.72M

2% more capital invested

Capital invested by funds: $2.84B → $2.89B (+$46.2M)

3% less funds holding

Funds holding: 281273 (-8)

3.89% less ownership

Funds ownership: 364.72%360.83% (-3.9%)

14% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 42

20% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 104

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
273
Holders Change
-8
Holders Change %
-2.85%
% of All Funds
6.26%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
36
Increased
83
Reduced
104
Closed
42
Calls
$8.08M
Puts
$7.72M
Net Calls
+$361K
Net Calls Change
-$4.43M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$452M +$19.6M +710,528 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$302M +$8.02M +291,364 +3%
ClearBridge Investments
3
ClearBridge Investments
New York
$174M -$11M -399,472 -6%
BAMCO Inc
4
BAMCO Inc
New York
$115M -$12.9M -467,328 -10%
EAM
5
Eagle Asset Management
Florida
$106M +$878K +31,864 +0.8%
State Street
6
State Street
Massachusetts
$93.5M -$3.15M -114,400 -3%
WA
7
Wasatch Advisors
Utah
$92.4M +$393K +14,268 +0.4%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$90.5M -$5.58M -202,772 -6%
CCA
9
Conestoga Capital Advisors
Pennsylvania
$70.7M -$2.25M -81,640 -3%
CTA
10
Carillon Tower Advisers
Florida
$67.5M
Fidelity Investments
11
Fidelity Investments
Massachusetts
$62.2M +$27.5M +999,600 +78%
JP Morgan Chase
12
JP Morgan Chase
New York
$55M -$2.22M -80,648 -4%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$52.8M -$33M -1,199,964 -38%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$52.3M +$12.7M +462,252 +32%
WRF
15
Waddell & Reed Financial
Kansas
$47.8M +$48.4M +1,757,556 New
Northern Trust
16
Northern Trust
Illinois
$42.1M -$174K -6,320 -0.4%
DGI
17
Disciplined Growth Investors
Minnesota
$40M -$190K -6,908 -0.5%
EA
18
Emerald Advisers
Pennsylvania
$38.8M -$3.47M -125,944 -8%
Invesco
19
Invesco
Georgia
$34.2M -$13M -473,268 -27%
Ameriprise
20
Ameriprise
Minnesota
$33.8M +$960K +34,860 +3%
EMFAT
21
Emerald Mutual Fund Advisers Trust
Pennsylvania
$31.5M -$1.48M -53,920 -4%
FCM
22
Frontier Capital Management
Massachusetts
$30.4M -$158K -5,720 -0.5%
Norges Bank
23
Norges Bank
Norway
$29M +$5.87M +213,104 +25%
TA
24
Teachers Advisors
New York
$28.6M +$145K +5,260 +0.5%
JIM
25
Jupiter Investment Management
United Kingdom
$28M +$638K +23,152 +2%

TREX Hedge Fund Activity: Q1 2018 in Review

273 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2018, worth a combined $2.89B — up 1.6% from $2.84B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of TREX and 36 opened new positions — a net loss of 6 holders — while 104 trimmed existing stakes and 83 added.

The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $48.4M. The largest seller was Janus Henderson Group, cutting an estimated $46.5M.

  • 273 institutional investors held Trex (TREX) as of Q1 2018, down from 281 in Q4 2017.
  • Funds reported $2.89B of Trex stock for Q1 2018, up 1.6% quarter-over-quarter.
  • 36 funds opened new Trex positions in Q1 2018 and 42 closed out, a net change of -6 holders.
  • The largest Trex buyer in Q1 2018 was Waddell & Reed Financial, an estimated $48.4M added.
  • The largest Trex seller in Q1 2018 was Janus Henderson Group, an estimated $46.5M sold.

Based on aggregated 13F filings for Q1 2018.