Trex
TREX
474 hedge funds and large institutions have $10B invested in Trex in 2021 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 163 increasing their positions, 180 reducing their positions, and 54 closing their positions.
53% more call options, than puts
Call options by funds: $25.6M | Put options by funds: $16.7M
17% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 54
6% more capital invested
Capital invested by funds: $9.5B → $10B (+$548M)
1% more funds holding
Funds holding: 471 → 474 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 180
3.19% less ownership
Funds ownership: 98.12% → 94.92% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$125M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$50M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$38.8M |
| 4 |
BlackRock
New York
|
+$36.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$68.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$60.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$46M |
| 4 |
BBCM
Broad Bay Capital Management
New York
|
-$43.8M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$43.1M |
TREX Hedge Fund Activity: Q1 2021 in Review
474 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2021, worth a combined $10B — up 5.8% from $9.5B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new TREX positions and 54 closed out — a net gain of 9 holders — while 163 added to existing stakes and 180 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $125M. The largest seller was Loomis, Sayles & Company, cutting an estimated $68.4M.
- 474 institutional investors held Trex (TREX) as of Q1 2021, up from 471 in Q4 2020.
- Funds reported $10B of Trex stock for Q1 2021, up 5.8% quarter-over-quarter.
- 63 funds opened new Trex positions in Q1 2021 and 54 closed out, a net change of +9 holders.
- The largest Trex buyer in Q1 2021 was AllianceBernstein, an estimated $125M added.
- The largest Trex seller in Q1 2021 was Loomis, Sayles & Company, an estimated $68.4M sold.
Based on aggregated 13F filings for Q1 2021.