Trex
TREX
446 hedge funds and large institutions have $6.21B invested in Trex in 2025 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 156 increasing their positions, 150 reducing their positions, and 64 closing their positions.
16% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 64
1% more funds holding
Funds holding: 441 → 446 (+5)
4% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 150
1.44% less ownership
Funds ownership: 107.98% → 106.54% (-1.4%)
8% less capital invested
Capital invested by funds: $6.72B → $6.21B (-$513M)
42% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $27.9M
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPM
Kinetic Partners Management
Miami,
Florida
|
+$60.1M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$55.5M |
| 3 |
Millennium Management
New York
|
+$41.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$35.5M |
| 5 |
Citigroup
New York
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$69.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$61.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$54.8M |
| 4 |
A
AustralianSuper
Melbourne,
Australia
|
-$43.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$36.3M |
TREX Hedge Fund Activity: Q2 2025 in Review
446 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q2 2025, worth a combined $6.21B — down 7.6% from $6.72B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new TREX positions and 64 closed out — a net gain of 10 holders — while 156 added to existing stakes and 150 trimmed.
The largest buyer was Kinetic Partners Management, opening a new position worth an estimated $60.1M. The largest seller was Citadel Advisors, cutting an estimated $69.1M.
- 446 institutional investors held Trex (TREX) as of Q2 2025, up from 441 in Q1 2025.
- Funds reported $6.21B of Trex stock for Q2 2025, down 7.6% quarter-over-quarter.
- 74 funds opened new Trex positions in Q2 2025 and 64 closed out, a net change of +10 holders.
- The largest Trex buyer in Q2 2025 was Kinetic Partners Management, an estimated $60.1M added.
- The largest Trex seller in Q2 2025 was Citadel Advisors, an estimated $69.1M sold.
Based on aggregated 13F filings for Q2 2025.