TORM
TRMD
157 hedge funds and large institutions have $2B invested in TORM in 2024 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 18 closing their positions.
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
10% more funds holding
Funds holding: 143 → 157 (+14)
5.52% less ownership
Funds ownership: 67.46% → 61.94% (-5.5%)
11% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $16.1M
25% less capital invested
Capital invested by funds: $2.67B → $2B (-$676M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$41.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$6.05M |
| 4 |
Barclays
London,
United Kingdom
|
+$5.57M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$129M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$34.2M |
| 3 |
Morgan Stanley
New York
|
-$32.7M |
| 4 |
Goldman Sachs
New York
|
-$20.8M |
| 5 |
ACG
Aventail Capital Group
New York
|
-$18.1M |
TRMD Hedge Fund Activity: Q3 2024 in Review
157 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in TORM (TRMD) for Q3 2024, worth a combined $2B — down 25% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TRMD positions and 18 closed out — a net gain of 16 holders — while 55 added to existing stakes and 47 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $41.7M. The largest seller was Oaktree Capital Management, cutting an estimated $129M.
- 157 institutional investors held TORM (TRMD) as of Q3 2024, up from 143 in Q2 2024.
- Funds reported $2B of TORM stock for Q3 2024, down 25% quarter-over-quarter.
- 34 funds opened new TORM positions in Q3 2024 and 18 closed out, a net change of +16 holders.
- The largest TORM buyer in Q3 2024 was Acadian Asset Management, an estimated $41.7M added.
- The largest TORM seller in Q3 2024 was Oaktree Capital Management, an estimated $129M sold.
Based on aggregated 13F filings for Q3 2024.