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279 hedge funds and large institutions have $3.34B invested in Trex in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 92 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 24

16% more capital invested

Capital invested by funds: $2.89B → $3.34B (+$452M)

2% more funds holding

Funds holding: 273279 (+6)

5% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 92

36% less call options, than puts

Call options by funds: $8.87M | Put options by funds: $13.8M

179.75% less ownership

Funds ownership: 360.83%181.08% (-180%)

Holders
279
Holders Change
+6
Holders Change %
+2.2%
% of All Funds
6.39%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.07%
New
31
Increased
97
Reduced
92
Closed
24
Calls
$8.87M
Puts
$13.8M
Net Calls
-$4.92M
Net Calls Change
-$5.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$549M +$26.9M +928,418 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$358M +$9.36M +323,098 +3%
ClearBridge Investments
3
ClearBridge Investments
New York
$199M -$2.01M -69,518 -1%
BAMCO Inc
4
BAMCO Inc
New York
$129M -$3.09M -106,482 -3%
EAM
5
Eagle Asset Management
Florida
$119M -$2.77M -95,488 -2%
WA
6
Wasatch Advisors
Utah
$114M +$6.96M +240,232 +7%
State Street
7
State Street
Massachusetts
$111M +$2.91M +100,442 +3%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$90.2M -$12.9M -445,104 -13%
CCA
9
Conestoga Capital Advisors
Pennsylvania
$86.7M +$4.89M +168,658 +6%
CTA
10
Carillon Tower Advisers
Florida
$82.1M +$2.21M +76,164 +3%
JP Morgan Chase
11
JP Morgan Chase
New York
$66.6M +$3.12M +107,750 +5%
WRF
12
Waddell & Reed Financial
Kansas
$62.9M +$7.34M +253,348 +14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$61.1M +$855K +29,500 +2%
Barrow, Hanley, Mewhinney & Strauss
14
Barrow, Hanley, Mewhinney & Strauss
Texas
$56.8M -$3.67M -126,658 -7%
Northern Trust
15
Northern Trust
Illinois
$49.6M +$1.03M +35,696 +2%
DGI
16
Disciplined Growth Investors
Minnesota
$45.9M -$135K -4,664 -0.3%
Invesco
17
Invesco
Georgia
$44.4M +$4.61M +158,922 +13%
EA
18
Emerald Advisers
Pennsylvania
$43.7M -$784K -27,068 -2%
JIM
19
Jupiter Investment Management
United Kingdom
$37.6M +$4.96M +171,064 +17%
Ameriprise
20
Ameriprise
Minnesota
$36.7M -$2.03M -70,082 -6%
EMFAT
21
Emerald Mutual Fund Advisers Trust
Pennsylvania
$36.3M
FCM
22
Frontier Capital Management
Massachusetts
$34.4M -$546K -18,846 -2%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$34.1M +$2.26M +77,828 +8%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$34M +$2.94M +101,612 +10%
Norges Bank
25
Norges Bank
Norway
$33.4M

TREX Hedge Fund Activity: Q2 2018 in Review

279 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2018, worth a combined $3.34B — up 16% from $2.89B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TREX positions and 24 closed out — a net gain of 7 holders — while 97 added to existing stakes and 92 trimmed.

The largest buyer was BlackRock, adding an estimated $26.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $62.2M sold.

  • 279 institutional investors held Trex (TREX) as of Q2 2018, up from 273 in Q1 2018.
  • Funds reported $3.34B of Trex stock for Q2 2018, up 16% quarter-over-quarter.
  • 31 funds opened new Trex positions in Q2 2018 and 24 closed out, a net change of +7 holders.
  • The largest Trex buyer in Q2 2018 was BlackRock, an estimated $26.9M added.
  • The largest Trex seller in Q2 2018 was Fidelity Investments, an estimated $62.2M sold.

Based on aggregated 13F filings for Q2 2018.