Trex
TREX
435 hedge funds and large institutions have $3.68B invested in Trex in 2025 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 131 increasing their positions, 160 reducing their positions, and 126 closing their positions.
5.58% less ownership
Funds ownership: 102.96% → 97.39% (-5.6%)
6% less funds holding
Funds holding: 465 → 435 (-30)
16% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 126
18% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 160
36% less capital invested
Capital invested by funds: $5.72B → $3.68B (-$2.04B)
56% less call options, than puts
Call options by funds: $7.54M | Put options by funds: $17.2M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$212M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$92.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$69.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$67.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$66.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anomaly Capital Management
New York
|
-$119M |
| 2 |
Neuberger Berman Group
New York
|
-$101M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$97.9M |
| 4 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$97.8M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$85.4M |
TREX Hedge Fund Activity: Q4 2025 in Review
435 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Trex (TREX) for Q4 2025, worth a combined $3.68B — down 36% from $5.72B a quarter earlier.
Sellers outnumbered buyers: 126 funds closed out of TREX and 106 opened new positions — a net loss of 20 holders — while 160 trimmed existing stakes and 131 added.
The largest buyer was Wellington Management Group, adding an estimated $212M. The largest seller was Anomaly Capital Management, exiting entirely with an estimated $119M sold.
- 435 institutional investors held Trex (TREX) as of Q4 2025, down from 465 in Q3 2025.
- Funds reported $3.68B of Trex stock for Q4 2025, down 36% quarter-over-quarter.
- 106 funds opened new Trex positions in Q4 2025 and 126 closed out, a net change of -20 holders.
- The largest Trex buyer in Q4 2025 was Wellington Management Group, an estimated $212M added.
- The largest Trex seller in Q4 2025 was Anomaly Capital Management, an estimated $119M sold.
Based on aggregated 13F filings for Q4 2025.