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477 hedge funds and large institutions have $11.1B invested in Trex in 2021 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 144 increasing their positions, 190 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more call options, than puts

Call options by funds: $39.7M | Put options by funds: $23M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

14% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 49

11% more capital invested

Capital invested by funds: $10B → $11.1B (+$1.08B)

1% more funds holding

Funds holding: 474477 (+3)

0.43% less ownership

Funds ownership: 94.92%94.49% (-0.43%)

24% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 190

Holders
477
Holders Change
+3
Holders Change %
+0.63%
% of All Funds
8.3%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.1%
New
56
Increased
144
Reduced
190
Closed
49
Calls
$39.7M
Puts
$23M
Net Calls
+$16.6M
Net Calls Change
+$7.77M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.22B -$67.9M -672,743 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.07B -$184K -1,820 -0%
AllianceBernstein
3
AllianceBernstein
Tennessee
$636M +$80.7M +799,475 +15%
ClearBridge Investments
4
ClearBridge Investments
New York
$470M -$2.5M -24,784 -0.5%
BAMCO Inc
5
BAMCO Inc
New York
$382M -$45.5M -450,483 -11%
Macquarie Group
6
Macquarie Group
Australia
$376M +$196M +1,938,142 +111%
State Street
7
State Street
Massachusetts
$352M +$26.8M +265,287 +8%
WA
8
Wasatch Advisors
Utah
$349M -$696K -6,891 -0.2%
Invesco
9
Invesco
Georgia
$329M +$2.49M +24,707 +0.8%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$320M -$4.4M -43,608 -1%
JP Morgan Chase
11
JP Morgan Chase
New York
$241M -$33.4M -330,466 -12%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$232M -$16.3M -161,717 -7%
FAM
13
Fred Alger Management
New York
$216M -$15.8M -156,703 -7%
CCA
14
Conestoga Capital Advisors
Pennsylvania
$169M -$29.2M -288,875 -15%
Wells Fargo
15
Wells Fargo
California
$163M +$5.94M +58,864 +4%
Norges Bank
16
Norges Bank
Norway
$151M -$18.8M -186,000 -11%
Federated Hermes
17
Federated Hermes
Pennsylvania
$150M -$822K -8,141 -0.6%
Bank of America
18
Bank of America
North Carolina
$149M +$6.91M +68,431 +5%
CIBC Private Wealth Group
19
CIBC Private Wealth Group
Georgia
$148M +$51.1K +506 +0%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$141M +$1.25M +12,417 +0.9%
Artisan Partners
21
Artisan Partners
Wisconsin
$132M +$85.7M +849,073 +193%
William Blair & Company
22
William Blair & Company
Illinois
$127M +$29M +287,484 +30%
GCM
23
Geneva Capital Management
Wisconsin
$124M -$1.88M -18,635 -2%
Westfield Capital Management
24
Westfield Capital Management
Massachusetts
$118M -$45.7M -453,033 -28%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$111M -$1.9M -18,806 -2%

TREX Hedge Fund Activity: Q2 2021 in Review

477 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2021, worth a combined $11.1B — up 11% from $10B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new TREX positions and 49 closed out — a net gain of 7 holders — while 144 added to existing stakes and 190 trimmed.

The largest buyer was Macquarie Group, adding an estimated $196M. The largest seller was BlackRock, cutting an estimated $67.9M.

  • 477 institutional investors held Trex (TREX) as of Q2 2021, up from 474 in Q1 2021.
  • Funds reported $11.1B of Trex stock for Q2 2021, up 11% quarter-over-quarter.
  • 56 funds opened new Trex positions in Q2 2021 and 49 closed out, a net change of +7 holders.
  • The largest Trex buyer in Q2 2021 was Macquarie Group, an estimated $196M added.
  • The largest Trex seller in Q2 2021 was BlackRock, an estimated $67.9M sold.

Based on aggregated 13F filings for Q2 2021.