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Trex
TREX

483 hedge funds and large institutions have $8.72B invested in Trex in 2023 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 172 increasing their positions, 177 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 5 → 8 (+3)

33% more capital invested

Capital invested by funds: $6.56B → $8.72B (+$2.16B)

20% more call options, than puts

Call options by funds: $85.7M | Put options by funds: $71.6M

11% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 56

0% more funds holding

Funds holding: 481 → 483 (+2)

0.87% less ownership

Funds ownership: 97.87% → 97.01% (-0.87%)

3% less repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 177

Holders
483
Holders Change
+2
Holders Change %
+0.42%
% of All Funds
7.04%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.12%
New
62
Increased
172
Reduced
177
Closed
56
Calls
$85.7M
Puts
$71.6M
Net Calls
+$14.1M
Net Calls Change
-$20.7M

Top Buyers

1
TD Asset Management
TD Asset Management
Ontario, Canada
+$89M
2
EIP
Epoch Investment Partners
New York
+$44.5M
3
Artisan Partners
Artisan Partners
Wisconsin
+$43.8M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$42.1M
5
Morgan Stanley
Morgan Stanley
New York
+$29M

Top Sellers

1
Millennium Management
Millennium Management
New York
-$55.3M
2
Allspring Global Investments
Allspring Global Investments
North Carolina
-$48.4M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$42.8M
4
Citadel Advisors
Citadel Advisors
Florida
-$41M
5
CSS
Cubist Systematic Strategies
Connecticut
-$37.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$1.15B +$11.3M +170,432 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$848M +$6.39M +96,324 +0.9%
AllianceBernstein
3
AllianceBernstein
Tennessee
$391M -$21.2M -320,283 -6%
ClearBridge Investments
4
ClearBridge Investments
New York
$381M -$7.36M -111,016 -2%
Artisan Partners
5
Artisan Partners
Wisconsin
$340M +$43.8M +660,536 +19%
WA
6
Wasatch Advisors
Utah
$333M -$2.06M -30,982 -0.8%
State Street
7
State Street
Massachusetts
$302M +$7.72M +116,321 +3%
BAMCO Inc
8
BAMCO Inc
New York
$207M -$15.1M -228,025 -8%
Macquarie Group
9
Macquarie Group
Australia
$195M +$8.45M +127,341 +6%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$167M -$6.99M -105,443 -5%
CCA
11
Conestoga Capital Advisors
Pennsylvania
$156M +$898K +13,545 +0.7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$140M +$4.25M +64,136 +4%
Morgan Stanley
13
Morgan Stanley
New York
$136M +$29M +437,944 +36%
TD Asset Management
14
TD Asset Management
Ontario, Canada
$133M +$89M +1,341,419 +517%
LIP
15
Liontrust Investment Partners
United Kingdom
$118M -$5.8M -87,444 -6%
Norges Bank
16
Norges Bank
Norway
$114M +$1.75M +26,329 +2%
GCM
17
Geneva Capital Management
Wisconsin
$112M +$8.72M +131,407 +11%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$99.4M +$42.1M +634,973 +112%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$95.4M +$5.97M +90,025 +8%
Baird Financial Group
20
Baird Financial Group
Wisconsin
$91.6M +$133K +2,008 +0.2%
American Century Companies
21
American Century Companies
Missouri
$86.8M -$5.57M -83,905 -7%
Invesco
22
Invesco
Georgia
$85.9M +$7.68M +115,837 +13%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$79M -$4.51K -68 -0%
William Blair & Company
24
William Blair & Company
Illinois
$78.9M +$7.93M +119,622 +14%
EIP
25
Epoch Investment Partners
New York
$77.7M +$44.5M +670,665 +250%
1
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TREX Hedge Fund Activity: Q4 2023 in Review

483 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2023, worth a combined $8.72B — up 33% from $6.56B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new TREX positions and 56 closed out — a net gain of 6 holders — while 172 added to existing stakes and 177 trimmed.

The largest buyer was TD Asset Management, adding an estimated $89M. The largest seller was Millennium Management, cutting an estimated $55.3M.

  • 483 institutional investors held Trex (TREX) as of Q4 2023, up from 481 in Q3 2023.
  • Funds reported $8.72B of Trex stock for Q4 2023, up 33% quarter-over-quarter.
  • 62 funds opened new Trex positions in Q4 2023 and 56 closed out, a net change of +6 holders.
  • The largest Trex buyer in Q4 2023 was TD Asset Management, an estimated $89M added.
  • The largest Trex seller in Q4 2023 was Millennium Management, an estimated $55.3M sold.

Based on aggregated 13F filings for Q4 2023.