TORM
TRMD
22 hedge funds and large institutions have $454M invested in TORM in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
10% more funds holding
Funds holding: 20 → 22 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less capital invested
Capital invested by funds: $592M → $454M (-$139M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$5.42M |
| 2 |
Goldman Sachs
New York
|
+$1.16M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.12M |
| 4 |
Renaissance Technologies
New York
|
+$784K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.41M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.56M |
| 3 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$544K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$458K |
| 5 |
Two Sigma Investments
New York
|
-$389K |
TRMD Hedge Fund Activity: Q1 2020 in Review
22 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q1 2020, worth a combined $454M — down 23% from $592M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TRMD positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Oaktree Capital Management, adding an estimated $5.42M. The largest seller was JP Morgan Chase, cutting an estimated $2.41M.
- 22 institutional investors held TORM (TRMD) as of Q1 2020, up from 20 in Q4 2019.
- Funds reported $454M of TORM stock for Q1 2020, down 23% quarter-over-quarter.
- 5 funds opened new TORM positions in Q1 2020 and 3 closed out, a net change of +2 holders.
- The largest TORM buyer in Q1 2020 was Oaktree Capital Management, an estimated $5.42M added.
- The largest TORM seller in Q1 2020 was JP Morgan Chase, an estimated $2.41M sold.
Based on aggregated 13F filings for Q1 2020.