TORM
TRMD
76 hedge funds and large institutions have $1.72B invested in TORM in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 18 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
12% more funds holding
Funds holding: 68 → 76 (+8)
8% more capital invested
Capital invested by funds: $1.59B → $1.72B (+$123M)
6% more call options, than puts
Call options by funds: $6.43M | Put options by funds: $6.05M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.73% less ownership
Funds ownership: 80.1% → 76.37% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.67M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$3.36M |
| 3 |
Renaissance Technologies
New York
|
+$1.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.4M |
| 5 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$36.4M |
| 2 |
Morgan Stanley
New York
|
-$17.3M |
| 3 |
JP Morgan Chase
New York
|
-$16.3M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$5.15M |
| 5 |
Barclays
London,
United Kingdom
|
-$4.57M |
TRMD Hedge Fund Activity: Q3 2023 in Review
76 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q3 2023, worth a combined $1.72B — up 7.7% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TRMD positions and 18 closed out — a net gain of 8 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.67M. The largest seller was Acadian Asset Management, cutting an estimated $36.4M.
- 76 institutional investors held TORM (TRMD) as of Q3 2023, up from 68 in Q2 2023.
- Funds reported $1.72B of TORM stock for Q3 2023, up 7.7% quarter-over-quarter.
- 26 funds opened new TORM positions in Q3 2023 and 18 closed out, a net change of +8 holders.
- The largest TORM buyer in Q3 2023 was Goldman Sachs, an estimated $5.67M added.
- The largest TORM seller in Q3 2023 was Acadian Asset Management, an estimated $36.4M sold.
Based on aggregated 13F filings for Q3 2023.