TORM
TRMD
62 hedge funds and large institutions have $2.03B invested in TORM in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 11 closing their positions.
11% more capital invested
Capital invested by funds: $1.83B → $2.03B (+$203M)
1.34% more ownership
Funds ownership: 78.68% → 80.01% (+1.3%)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 63 → 62 (-1)
25% less call options, than puts
Call options by funds: $4.93M | Put options by funds: $6.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$41.9M |
| 2 |
JP Morgan Chase
New York
|
+$20.8M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$11.3M |
| 4 |
Goldman Sachs
New York
|
+$8.09M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.29M |
| 2 |
Millennium Management
New York
|
-$6.9M |
| 3 |
FFM
Fullerton Fund Management
Singapore
|
-$6.23M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$4.14M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$4.08M |
TRMD Hedge Fund Activity: Q1 2023 in Review
62 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q1 2023, worth a combined $2.03B — up 11% from $1.83B a quarter earlier.
Fund positioning in TRMD was balanced in Q1 2023: 11 funds opened new positions, 11 closed out, 23 added to existing stakes and 21 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $41.9M. The largest seller was UBS Group, cutting an estimated $7.29M.
- 62 institutional investors held TORM (TRMD) as of Q1 2023, down from 63 in Q4 2022.
- Funds reported $2.03B of TORM stock for Q1 2023, up 11% quarter-over-quarter.
- 11 funds opened new TORM positions in Q1 2023 and 11 closed out, a net change of 0 holders.
- The largest TORM buyer in Q1 2023 was Acadian Asset Management, an estimated $41.9M added.
- The largest TORM seller in Q1 2023 was UBS Group, an estimated $7.29M sold.
Based on aggregated 13F filings for Q1 2023.