TORM
TRMD
18 hedge funds and large institutions have $371M invested in TORM in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
14% more capital inflows, than outflows
Capital inflows: $25.7M | Capital outflows: $22.5M
0.73% more ownership
Funds ownership: 71.42% → 72.15% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less funds holding
Funds holding: 22 → 18 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$23.1M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$922K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$561K |
| 4 |
Jane Street
New York
|
+$370K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$16.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.82M |
| 3 |
Renaissance Technologies
New York
|
-$1.42M |
| 4 |
Goldman Sachs
New York
|
-$1.03M |
| 5 |
JP Morgan Chase
New York
|
-$945K |
TRMD Hedge Fund Activity: Q2 2020 in Review
18 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q2 2020, worth a combined $371M — down 18% from $454M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TRMD and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Oaktree Capital Management, adding an estimated $23.1M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $16.4M sold.
- 18 institutional investors held TORM (TRMD) as of Q2 2020, down from 22 in Q1 2020.
- Funds reported $371M of TORM stock for Q2 2020, down 18% quarter-over-quarter.
- 3 funds opened new TORM positions in Q2 2020 and 7 closed out, a net change of -4 holders.
- The largest TORM buyer in Q2 2020 was Oaktree Capital Management, an estimated $23.1M added.
- The largest TORM seller in Q2 2020 was Neuberger Berman Group, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2020.