TORM
TRMD
119 hedge funds and large institutions have $2.12B invested in TORM in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 11 closing their positions.
264% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 11
31% more funds holding
Funds holding: 91 → 119 (+28)
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
16% more capital invested
Capital invested by funds: $1.83B → $2.12B (+$293M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.25% less ownership
Funds ownership: 73.09% → 68.84% (-4.3%)
74% less call options, than puts
Call options by funds: $7.88M | Put options by funds: $30.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.2M |
| 3 |
Man Group
London,
United Kingdom
|
+$6.16M |
| 4 |
Millennium Management
New York
|
+$6.06M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Aventail Capital Group
New York
|
-$4.24M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.13M |
| 3 |
Goldman Sachs
New York
|
-$2.81M |
| 4 |
Jane Street
New York
|
-$2.17M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.91M |
TRMD Hedge Fund Activity: Q1 2024 in Review
119 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q1 2024, worth a combined $2.12B — up 16% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TRMD positions and 11 closed out — a net gain of 29 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11M. The largest seller was Aventail Capital Group, exiting entirely with an estimated $4.24M sold.
- 119 institutional investors held TORM (TRMD) as of Q1 2024, up from 91 in Q4 2023.
- Funds reported $2.12B of TORM stock for Q1 2024, up 16% quarter-over-quarter.
- 40 funds opened new TORM positions in Q1 2024 and 11 closed out, a net change of +29 holders.
- The largest TORM buyer in Q1 2024 was Morgan Stanley, an estimated $11M added.
- The largest TORM seller in Q1 2024 was Aventail Capital Group, an estimated $4.24M sold.
Based on aggregated 13F filings for Q1 2024.