Trex
TREX
302 hedge funds and large institutions have $4.51B invested in Trex in 2019 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 106 increasing their positions, 100 reducing their positions, and 65 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
28% more capital invested
Capital invested by funds: $3.53B → $4.51B (+$988M)
20.68% more ownership
Funds ownership: 194.65% → 215.32% (+21%)
6% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 100
4% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $14M
7% less funds holding
Funds holding: 326 → 302 (-24)
28% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$55.5M |
| 2 |
BAMCO Inc
New York
|
+$51.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$47.2M |
| 4 |
Millennium Management
New York
|
+$43.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$38.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$96.7M |
| 2 |
JP Morgan Chase
New York
|
-$27M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$20.3M |
| 4 |
Bank of New York Mellon
New York
|
-$11.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$8.59M |
TREX Hedge Fund Activity: Q2 2019 in Review
302 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2019, worth a combined $4.51B — up 28% from $3.53B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of TREX and 47 opened new positions — a net loss of 18 holders — while 100 trimmed existing stakes and 106 added.
The largest buyer was William Blair Investment Management, adding an estimated $55.5M. The largest seller was Morgan Stanley, cutting an estimated $96.7M.
- 302 institutional investors held Trex (TREX) as of Q2 2019, down from 326 in Q1 2019.
- Funds reported $4.51B of Trex stock for Q2 2019, up 28% quarter-over-quarter.
- 47 funds opened new Trex positions in Q2 2019 and 65 closed out, a net change of -18 holders.
- The largest Trex buyer in Q2 2019 was William Blair Investment Management, an estimated $55.5M added.
- The largest Trex seller in Q2 2019 was Morgan Stanley, an estimated $96.7M sold.
Based on aggregated 13F filings for Q2 2019.