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455 hedge funds and large institutions have $6.96B invested in Trex in 2023 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 155 increasing their positions, 147 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

61% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 49

55% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $15.1M

37% more capital invested

Capital invested by funds: $5.09B → $6.96B (+$1.86B)

7% more funds holding

Funds holding: 427455 (+28)

1.39% more ownership

Funds ownership: 96.16%97.56% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 147

Holders
455
Holders Change
+28
Holders Change %
+6.56%
% of All Funds
7.14%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.11%
New
79
Increased
155
Reduced
147
Closed
49
Calls
$23.3M
Puts
$15.1M
Net Calls
+$8.25M
Net Calls Change
+$2.45M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$875M -$4.54M -81,369 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$673M -$4.34M -77,785 -0.8%
WA
3
Wasatch Advisors
Utah
$340M -$47.9M -859,009 -14%
AllianceBernstein
4
AllianceBernstein
Tennessee
$313M +$43.3M +776,165 +19%
ClearBridge Investments
5
ClearBridge Investments
New York
$306M +$3.98M +71,415 +2%
State Street
6
State Street
Massachusetts
$228M +$693K +12,418 +0.4%
Artisan Partners
7
Artisan Partners
Wisconsin
$210M +$22.7M +407,752 +15%
Macquarie Group
8
Macquarie Group
Australia
$207M -$1.01M -18,158 -0.6%
BAMCO Inc
9
BAMCO Inc
New York
$188M +$8.12M +145,518 +5%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$171M -$323K -5,786 -0.2%
CCA
11
Conestoga Capital Advisors
Pennsylvania
$119M +$3.52K +63 +0%
LIP
12
Liontrust Investment Partners
United Kingdom
$117M -$3.63M -65,088 -4%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$104M -$17.7M -317,631 -17%
Point72 Asset Management
14
Point72 Asset Management
Connecticut
$88.2M +$37.8M +677,801 +102%
Allspring Global Investments
15
Allspring Global Investments
North Carolina
$87.5M +$1.27M +22,761 +2%
American Century Companies
16
American Century Companies
Missouri
$80.8M -$4.72M -84,580 -6%
GCM
17
Geneva Capital Management
Wisconsin
$80.1M -$43.9K -787 -0.1%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$72.6M +$339K +6,083 +0.6%
Impax Asset Management Group
19
Impax Asset Management Group
United Kingdom
$72M +$103K +1,851 +0.2%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$70.2M -$65.7M -1,178,224 -52%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$69.8M +$489K +8,757 +0.8%
Morgan Stanley
22
Morgan Stanley
New York
$69.1M -$8.92M -159,900 -13%
Principal Financial Group
23
Principal Financial Group
Iowa
$65M +$15.7M +281,098 +40%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$64.5M -$1.17M -21,042 -2%
Norges Bank
25
Norges Bank
Norway
$58.1M -$623K -11,172 -1%

TREX Hedge Fund Activity: Q2 2023 in Review

455 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2023, worth a combined $6.96B — up 37% from $5.09B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new TREX positions and 49 closed out — a net gain of 30 holders — while 155 added to existing stakes and 147 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $43.3M. The largest seller was Balyasny Asset Management, cutting an estimated $65.7M.

  • 455 institutional investors held Trex (TREX) as of Q2 2023, up from 427 in Q1 2023.
  • Funds reported $6.96B of Trex stock for Q2 2023, up 37% quarter-over-quarter.
  • 79 funds opened new Trex positions in Q2 2023 and 49 closed out, a net change of +30 holders.
  • The largest Trex buyer in Q2 2023 was AllianceBernstein, an estimated $43.3M added.
  • The largest Trex seller in Q2 2023 was Balyasny Asset Management, an estimated $65.7M sold.

Based on aggregated 13F filings for Q2 2023.