TORM
TRMD
68 hedge funds and large institutions have $1.59B invested in TORM in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 11 closing their positions.
149% more call options, than puts
Call options by funds: $4.24M | Put options by funds: $1.7M
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
10% more funds holding
Funds holding: 62 → 68 (+6)
0.09% more ownership
Funds ownership: 80.01% → 80.1% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
22% less capital invested
Capital invested by funds: $2.03B → $1.59B (-$439M)
Top Buyers
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$18.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.8M |
| 3 |
Morgan Stanley
New York
|
+$10.3M |
| 4 |
Two Sigma Investments
New York
|
+$4.88M |
| 5 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$4.72M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$13.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.86M |
| 3 |
Citigroup
New York
|
-$7.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$6.38M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$6.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
Bayesian Capital Management
Brooklyn,
New York
| – | -$266K | -8,549 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$203K | -6,517 | Closed |
|
|
ASN
78
Advisory Services Network
Atlanta,
Georgia
| – | -$22.6K | -725 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$6.79K | -244 | Closed |
|
TRMD Hedge Fund Activity: Q2 2023 in Review
68 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q2 2023, worth a combined $1.59B — down 22% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TRMD positions and 11 closed out — a net gain of 7 holders — while 21 added to existing stakes and 23 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $18.2M. The largest seller was JP Morgan Chase, cutting an estimated $13.2M.
- 68 institutional investors held TORM (TRMD) as of Q2 2023, up from 62 in Q1 2023.
- Funds reported $1.59B of TORM stock for Q2 2023, down 22% quarter-over-quarter.
- 18 funds opened new TORM positions in Q2 2023 and 11 closed out, a net change of +7 holders.
- The largest TORM buyer in Q2 2023 was Acadian Asset Management, an estimated $18.2M added.
- The largest TORM seller in Q2 2023 was JP Morgan Chase, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2023.