Trinity Industries
TRN
403 hedge funds and large institutions have $4.51B invested in Trinity Industries in 2014 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 119 increasing their positions, 166 reducing their positions, and 28 closing their positions.
164% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 28
22% more capital invested
Capital invested by funds: $3.69B → $4.51B (+$824M)
13% more call options, than puts
Call options by funds: $118M | Put options by funds: $104M
12% more funds holding
Funds holding: 359 → 403 (+44)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
15.53% less ownership
Funds ownership: 238.69% → 223.15% (-16%)
28% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 166
Top Buyers
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$61.5M |
| 2 |
Millennium Management
New York
|
+$44.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.4M |
| 4 |
Renaissance Technologies
New York
|
+$20.9M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$19.7M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$90.4M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$88.4M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
-$67.9M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$63.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$49.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NERM
426
New England Research & Management
Chicago,
Illinois
| – | -$213K | -10,834 | Closed |
|
|
BIG
427
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$205K | -10,426 | Closed |
|
|
JG
428
Jefferies Group
New York
| – | -$113K | -5,762 | Closed |
|
|
SEC
429
Seven Eight Capital
New York
| – | -$65K | -3,336 | Closed |
|
|
TFO
430
Tarbox Family Office
Newport Beach,
California
| – | -$16K | -833 | Closed |
|
431
Credit Agricole
Montrouge Cedex,
France
| – | -$15K | -772 | Closed |
|
|
PTC
432
Private Trust Company
Cleveland,
Ohio
| – | -$3K | -156 | Closed |
|
TRN Hedge Fund Activity: Q1 2014 in Review
403 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q1 2014, worth a combined $4.51B — up 22% from $3.69B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new TRN positions and 28 closed out — a net gain of 46 holders — while 119 added to existing stakes and 166 trimmed.
The largest buyer was Impala Asset Management, adding an estimated $61.5M. The largest seller was Citadel Advisors, cutting an estimated $90.4M.
- 403 institutional investors held Trinity Industries (TRN) as of Q1 2014, up from 359 in Q4 2013.
- Funds reported $4.51B of Trinity Industries stock for Q1 2014, up 22% quarter-over-quarter.
- 74 funds opened new Trinity Industries positions in Q1 2014 and 28 closed out, a net change of +46 holders.
- The largest Trinity Industries buyer in Q1 2014 was Impala Asset Management, an estimated $61.5M added.
- The largest Trinity Industries seller in Q1 2014 was Citadel Advisors, an estimated $90.4M sold.
Based on aggregated 13F filings for Q1 2014.