Trinity Industries
TRN
359 hedge funds and large institutions have $3.69B invested in Trinity Industries in 2013 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 108 increasing their positions, 140 reducing their positions, and 43 closing their positions.
74% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 43
16% more capital invested
Capital invested by funds: $3.17B → $3.69B (+$514M)
9% more funds holding
Funds holding: 329 → 359 (+30)
8% less call options, than puts
Call options by funds: $44.2M | Put options by funds: $48.2M
7.21% less ownership
Funds ownership: 245.9% → 238.69% (-7.2%)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
23% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$37.6M |
| 2 |
SI
Scout Investments
Kansas City,
Missouri
|
+$34M |
| 3 |
Morgan Stanley
New York
|
+$33.2M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$28.9M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$89M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$76.2M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$32.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$26M |
| 5 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
-$20.5M |
TRN Hedge Fund Activity: Q4 2013 in Review
359 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q4 2013, worth a combined $3.69B — up 16% from $3.17B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new TRN positions and 43 closed out — a net gain of 32 holders — while 108 added to existing stakes and 140 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $37.6M. The largest seller was Advisory Research, cutting an estimated $89M.
- 359 institutional investors held Trinity Industries (TRN) as of Q4 2013, up from 329 in Q3 2013.
- Funds reported $3.69B of Trinity Industries stock for Q4 2013, up 16% quarter-over-quarter.
- 75 funds opened new Trinity Industries positions in Q4 2013 and 43 closed out, a net change of +32 holders.
- The largest Trinity Industries buyer in Q4 2013 was Citadel Advisors, an estimated $37.6M added.
- The largest Trinity Industries seller in Q4 2013 was Advisory Research, an estimated $89M sold.
Based on aggregated 13F filings for Q4 2013.