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Trinity Industries

440 hedge funds and large institutions have $4.75B invested in Trinity Industries in 2014 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 160 increasing their positions, 149 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 149

0.63% more ownership

Funds ownership: 115.12%115.75% (+0.63%)

11% less funds holding

Funds holding: 496440 (-56)

20% less call options, than puts

Call options by funds: $85.2M | Put options by funds: $107M

22% less capital invested

Capital invested by funds: $6.07B → $4.75B (-$1.32B)

36% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 140

78% less funds holding in top 10

Funds holding in top 10: 184 (-14)

Holders
440
Holders Change
-56
Holders Change %
-11.29%
% of All Funds
11.74%
Holding in Top 10
4
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-77.78%
% of All Funds
0.11%
New
90
Increased
160
Reduced
149
Closed
140
Calls
$85.2M
Puts
$107M
Net Calls
-$21.8M
Net Calls Change
-$66M
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
26
BB&T Securities
Virginia
$30.4M +$478K +19,832 +15%
AQR Capital Management
27
AQR Capital Management
Connecticut
$29.5M +$9.36M +388,087 +36%
BL
28
BCWM LLC
Kansas
$29M +$102K +4,218 +3%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$28.9M +$3.85M +159,735 +13%
Fifth Third Bancorp
30
Fifth Third Bancorp
Ohio
$28.8M +$21.4M +887,419 +163%
Coatue Management
31
Coatue Management
New York
$27.3M +$32.7M +1,355,786 New
FPA
32
First Pacific Advisors
California
$25.7M -$291K -12,085 -0.9%
Diamond Hill Capital Management
33
Diamond Hill Capital Management
Ohio
$25.4M +$3.78M +156,612 +14%
New York State Common Retirement Fund
34
New York State Common Retirement Fund
New York
$25.4M +$1.78M +73,908 +6%
CEP
35
Chicago Equity Partners
Illinois
$24.1M -$6.6M -273,799 -19%
RA
36
Royce & Associates
New York
$24M -$121K -5,001 -0.4%
B
37
Baird
Wisconsin
$23.7M +$2.48M +102,873 +10%
GC
38
Guggenheim Capital
Illinois
$23.6M -$18M -745,527 -39%
Arrowstreet Capital
39
Arrowstreet Capital
Massachusetts
$23.3M +$21.5M +889,842 +337%
Federated Hermes
40
Federated Hermes
Pennsylvania
$22.7M +$407K +16,859 +2%
JIR
41
James Investment Research
Ohio
$21.8M +$4.45M +184,703 +21%
UBS Group
42
UBS Group
Switzerland
$21.2M +$25.3M +1,049,753 New
Deutsche Bank
43
Deutsche Bank
Germany
$20.9M +$642K +26,621 +3%
WI
44
WBI Investments
New Jersey
$19.4M +$23.3M +964,397 New
SM
45
Stratton Management
Pennsylvania
$19.3M -$3.92M -162,611 -15%
FA
46
Friess Associates
Delaware
$19.1M +$5.28M +218,827 +30%
Prudential Financial
47
Prudential Financial
New Jersey
$19M +$12.7M +527,403 +128%
Axa
48
Axa
France
$18.3M +$2.65M +109,772 +14%
KCM
49
Kennedy Capital Management
Missouri
$16.6M +$8.04M +333,425 +68%
JHIU
50
Janus Henderson Investors US
Colorado
$16.6M +$9.47M +392,670 +91%

TRN Hedge Fund Activity: Q4 2014 in Review

440 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q4 2014, worth a combined $4.75B — down 22% from $6.07B a quarter earlier.

Sellers outnumbered buyers: 140 funds closed out of TRN and 90 opened new positions — a net loss of 50 holders — while 149 trimmed existing stakes and 160 added.

The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $57.7M. The largest seller was Impala Asset Management, exiting entirely with an estimated $100M sold.

  • 440 institutional investors held Trinity Industries (TRN) as of Q4 2014, down from 496 in Q3 2014.
  • Funds reported $4.75B of Trinity Industries stock for Q4 2014, down 22% quarter-over-quarter.
  • 90 funds opened new Trinity Industries positions in Q4 2014 and 140 closed out, a net change of -50 holders.
  • The largest Trinity Industries buyer in Q4 2014 was Highbridge Capital Management, an estimated $57.7M added.
  • The largest Trinity Industries seller in Q4 2014 was Impala Asset Management, an estimated $100M sold.

Based on aggregated 13F filings for Q4 2014.