Trinity Industries
276 hedge funds and large institutions have $2.23B invested in Trinity Industries in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 118 reducing their positions, and 42 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1.07% more ownership
Funds ownership: 87.68% → 88.75% (+1.1%)
5% more call options, than puts
Call options by funds: $8.27M | Put options by funds: $7.91M
5% less capital invested
Capital invested by funds: $2.36B → $2.23B (-$129M)
5% less funds holding
Funds holding: 292 → 276 (-16)
28% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 118
36% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$20.8M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$18.4M |
| 3 |
VH
ValueAct Holdings
San Francisco,
California
|
+$12.5M |
| 4 |
Millennium Management
New York
|
+$12.3M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$26M |
| 2 |
State Street
Boston,
Massachusetts
|
-$16.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.4M |
| 4 |
Jennison Associates
New York
|
-$14.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.38M |
TRN Hedge Fund Activity: Q3 2019 in Review
276 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q3 2019, worth a combined $2.23B — down 5.4% from $2.36B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TRN and 27 opened new positions — a net loss of 15 holders — while 118 trimmed existing stakes and 85 added.
The largest buyer was Harris Associates, adding an estimated $20.8M. The largest seller was BlackRock, cutting an estimated $26M.
- 276 institutional investors held Trinity Industries (TRN) as of Q3 2019, down from 292 in Q2 2019.
- Funds reported $2.23B of Trinity Industries stock for Q3 2019, down 5.4% quarter-over-quarter.
- 27 funds opened new Trinity Industries positions in Q3 2019 and 42 closed out, a net change of -15 holders.
- The largest Trinity Industries buyer in Q3 2019 was Harris Associates, an estimated $20.8M added.
- The largest Trinity Industries seller in Q3 2019 was BlackRock, an estimated $26M sold.
Based on aggregated 13F filings for Q3 2019.