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559 hedge funds and large institutions have $14.4B invested in Trex in 2021 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 164 increasing their positions, 195 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more funds holding in top 10

Funds holding in top 10: 516 (+11)

216% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 38

88% more call options, than puts

Call options by funds: $41.9M | Put options by funds: $22.3M

31% more capital invested

Capital invested by funds: $11.1B → $14.4B (+$3.38B)

16% more funds holding

Funds holding: 482559 (+77)

0.89% less ownership

Funds ownership: 94.11%93.22% (-0.89%)

16% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 195

Holders
559
Holders Change
+77
Holders Change %
+15.98%
% of All Funds
8.6%
Holding in Top 10
16
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+220%
% of All Funds
0.25%
New
120
Increased
164
Reduced
195
Closed
38
Calls
$41.9M
Puts
$22.3M
Net Calls
+$19.5M
Net Calls Change
+$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.52B -$53.7M -447,447 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.41B +$107K +895 +0%
AllianceBernstein
3
AllianceBernstein
Tennessee
$947M -$29.1M -242,421 -3%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$644M +$240M +1,998,846 +72%
ClearBridge Investments
5
ClearBridge Investments
New York
$585M -$38.9M -324,081 -7%
State Street
6
State Street
Massachusetts
$468M +$17.1M +142,333 +4%
Macquarie Group
7
Macquarie Group
Australia
$460M -$26.5M -221,012 -6%
BAMCO Inc
8
BAMCO Inc
New York
$447M -$33.2M -276,308 -8%
WA
9
Wasatch Advisors
Utah
$427M -$26.2M -218,543 -6%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$416M -$8.36M -69,667 -2%
Invesco
11
Invesco
Georgia
$341M -$63.6M -529,571 -17%
CCA
12
Conestoga Capital Advisors
Pennsylvania
$226M +$377K +3,141 +0.2%
William Blair & Company
13
William Blair & Company
Illinois
$209M +$19.2M +159,729 +12%
Bank of America
14
Bank of America
North Carolina
$208M +$6.37M +53,086 +4%
FAM
15
Fred Alger Management
New York
$205M -$72.9M -607,218 -29%
Federated Hermes
16
Federated Hermes
Pennsylvania
$202M -$17.6M -146,483 -9%
CIBC Private Wealth Group
17
CIBC Private Wealth Group
Georgia
$196M +$936K +7,798 +0.5%
Norges Bank
18
Norges Bank
Norway
$194M +$4.27M +35,536 +3%
Artisan Partners
19
Artisan Partners
Wisconsin
$193M +$12.6M +104,761 +8%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$191M +$3.38M +28,140 +2%
Lord, Abbett & Co
21
Lord, Abbett & Co
New Jersey
$190M +$121M +1,008,298 +251%
JP Morgan Chase
22
JP Morgan Chase
New York
$163M -$15M -125,096 -9%
GCM
23
Geneva Capital Management
Wisconsin
$159M -$2.92M -24,326 -2%
Aberdeen Group
24
Aberdeen Group
United Kingdom
$150M -$2.1M -17,491 -2%
Westfield Capital Management
25
Westfield Capital Management
Massachusetts
$146M -$8.99M -74,929 -7%

TREX Hedge Fund Activity: Q4 2021 in Review

559 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2021, worth a combined $14.4B — up 31% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new TREX positions and 38 closed out — a net gain of 82 holders — while 164 added to existing stakes and 195 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $240M. The largest seller was Wells Fargo, cutting an estimated $139M.

  • 559 institutional investors held Trex (TREX) as of Q4 2021, up from 482 in Q3 2021.
  • Funds reported $14.4B of Trex stock for Q4 2021, up 31% quarter-over-quarter.
  • 120 funds opened new Trex positions in Q4 2021 and 38 closed out, a net change of +82 holders.
  • The largest Trex buyer in Q4 2021 was T. Rowe Price Associates, an estimated $240M added.
  • The largest Trex seller in Q4 2021 was Wells Fargo, an estimated $139M sold.

Based on aggregated 13F filings for Q4 2021.