Trex
TREX
559 hedge funds and large institutions have $14.5B invested in Trex in 2021 Q4 according to their latest regulatory filings, with 119 funds opening new positions, 165 increasing their positions, 194 reducing their positions, and 38 closing their positions.
220% more funds holding in top 10
Funds holding in top 10: 5 → 16 (+11)
213% more first-time investments, than exits
New positions opened: 119 | 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 → $14.5B (+$3.4B)
16% more funds holding
Funds holding: 483 → 559 (+76)
0.95% less ownership
Funds ownership: 94.11% → 93.16% (-0.95%)
15% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$240M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$121M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$19.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$17.1M |
| 5 |
Goldman Sachs
New York
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$139M |
| 2 |
FAM
Fred Alger Management
New York
|
-$72.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$63.6M |
| 4 |
BlackRock
New York
|
-$53.7M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$44.8M |
TREX Hedge Fund Activity: Q4 2021 in Review
559 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2021, worth a combined $14.5B — up 31% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new TREX positions and 38 closed out — a net gain of 81 holders — while 165 added to existing stakes and 194 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 483 in Q3 2021.
- Funds reported $14.5B of Trex stock for Q4 2021, up 31% quarter-over-quarter.
- 119 funds opened new Trex positions in Q4 2021 and 38 closed out, a net change of +81 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.