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Trinity Industries

392 hedge funds and large institutions have $4.38B invested in Trinity Industries in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 124 increasing their positions, 143 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $61.9M | Put options by funds: $38.1M

3% more capital invested

Capital invested by funds: $4.24B → $4.38B (+$139M)

0% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 44

1% less funds holding

Funds holding: 396392 (-4)

3.11% less ownership

Funds ownership: 116.22%113.11% (-3.1%)

13% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 143

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
392
Holders Change
-4
Holders Change %
-1.01%
% of All Funds
8.96%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
44
Increased
124
Reduced
143
Closed
44
Calls
$61.9M
Puts
$38.1M
Net Calls
+$23.8M
Net Calls Change
-$28.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$30M +$8.55M +325,721 +40%
HAI
27
Hennessy Advisors Inc
California
$28.4M +$28.2M +1,076,336 New
MSL
28
Mackay Shields LLC
New York
$27.9M +$26M +990,145 +1,498%
AQR Capital Management
29
AQR Capital Management
Connecticut
$26.8M +$11M +419,376 +70%
Harris Associates
30
Harris Associates
Illinois
$25.5M +$1.84K +70 +0%
Charles Schwab
31
Charles Schwab
California
$25.2M +$996K +37,958 +4%
Principal Financial Group
32
Principal Financial Group
Iowa
$24.2M +$5.96K +227 +0%
PPA
33
Parametric Portfolio Associates
Washington
$24.1M +$2.29M +87,280 +11%
GF
34
Gabelli Funds
New York
$23.6M
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$23.3M +$23.1M +882,139 New
Deutsche Bank
36
Deutsche Bank
Germany
$23M -$18.6M -710,266 -45%
CCMLC
37
Cardinal Capital Management LLC (Connecticut)
Connecticut
$22.2M +$22.1M +840,859 New
ZIG
38
Zuckerman Investment Group
Illinois
$21.4M +$156K +5,951 +0.7%
BNP Paribas Financial Markets
39
BNP Paribas Financial Markets
France
$20.5M +$18.6M +708,112 +1,011%
Ameriprise
40
Ameriprise
Minnesota
$20.1M +$2.22M +84,703 +12%
RA
41
Royce & Associates
New York
$19.4M
TH
42
TCTC Holdings
Texas
$19.3M +$89.8K +3,421 +0.5%
DCCA
43
D.C. Capital Advisors
New York
$18.3M
SFM
44
Systematic Financial Management
New Jersey
$18M +$2.24M +85,558 +14%
BGIM
45
Brandywine Global Investment Management
Pennsylvania
$17.7M -$116K -4,425 -0.7%
1M
46
13D Management
New York
$17.5M +$1.07M +40,751 +7%
HCM
47
Hodges Capital Management
Texas
$17M +$4.09M +155,982 +32%
UBS Group
48
UBS Group
Switzerland
$15.9M +$4.59M +174,978 +41%
WIC
49
Water Island Capital
New York
$15.6M +$9.17M +349,567 +144%
Bank of America
50
Bank of America
North Carolina
$15.4M -$128K -4,871 -0.8%

TRN Hedge Fund Activity: Q3 2018 in Review

392 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q3 2018, worth a combined $4.38B — up 3.3% from $4.24B a quarter earlier.

Fund positioning in TRN was balanced in Q3 2018: 44 funds opened new positions, 44 closed out, 124 added to existing stakes and 143 trimmed.

The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $28.2M. The largest seller was LSV Asset Management, cutting an estimated $153M.

  • 392 institutional investors held Trinity Industries (TRN) as of Q3 2018, down from 396 in Q2 2018.
  • Funds reported $4.38B of Trinity Industries stock for Q3 2018, up 3.3% quarter-over-quarter.
  • 44 funds opened new Trinity Industries positions in Q3 2018 and 44 closed out, a net change of 0 holders.
  • The largest Trinity Industries buyer in Q3 2018 was Hennessy Advisors Inc, an estimated $28.2M added.
  • The largest Trinity Industries seller in Q3 2018 was LSV Asset Management, an estimated $153M sold.

Based on aggregated 13F filings for Q3 2018.