Trex
TREX
529 hedge funds and large institutions have $10.2B invested in Trex in 2024 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 158 increasing their positions, 214 reducing their positions, and 31 closing their positions.
168% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 31
18% more capital invested
Capital invested by funds: $8.66B → $10.2B (+$1.55B)
10% more funds holding
Funds holding: 483 → 529 (+46)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.97% less ownership
Funds ownership: 96.35% → 94.38% (-2%)
26% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 214
30% less call options, than puts
Call options by funds: $31.9M | Put options by funds: $45.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$71.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$59.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$32.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$94.9M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$51.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$37.2M |
| 4 |
ClearBridge Investments
New York
|
-$34.2M |
| 5 |
BBCM
Broad Bay Capital Management
New York
|
-$25.2M |
TREX Hedge Fund Activity: Q1 2024 in Review
529 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q1 2024, worth a combined $10.2B — up 18% from $8.66B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new TREX positions and 31 closed out — a net gain of 52 holders — while 158 added to existing stakes and 214 trimmed.
The largest buyer was Invesco, adding an estimated $71.7M. The largest seller was Wasatch Advisors, cutting an estimated $94.9M.
- 529 institutional investors held Trex (TREX) as of Q1 2024, up from 483 in Q4 2023.
- Funds reported $10.2B of Trex stock for Q1 2024, up 18% quarter-over-quarter.
- 83 funds opened new Trex positions in Q1 2024 and 31 closed out, a net change of +52 holders.
- The largest Trex buyer in Q1 2024 was Invesco, an estimated $71.7M added.
- The largest Trex seller in Q1 2024 was Wasatch Advisors, an estimated $94.9M sold.
Based on aggregated 13F filings for Q1 2024.