Trinity Industries
TRN
417 hedge funds and large institutions have $3.06B invested in Trinity Industries in 2015 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 169 increasing their positions, 131 reducing their positions, and 85 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 131
4.46% less ownership
Funds ownership: 108.81% → 104.34% (-4.5%)
5% less funds holding
Funds holding: 440 → 417 (-23)
22% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 85
30% less capital invested
Capital invested by funds: $4.36B → $3.06B (-$1.3B)
30% less call options, than puts
Call options by funds: $52.7M | Put options by funds: $75.4M
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$49.6M |
| 2 |
Morgan Stanley
New York
|
+$39.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$32.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$32M |
| 5 |
D.E. Shaw & Co
New York
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$59.7M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$58.6M |
| 3 |
JP Morgan Chase
New York
|
-$38.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$30.4M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$28.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
501
MV Capital Management
Bethesda,
Maryland
| – | -$2K | -86 | Closed |
|
|
WCM
502
Wealthcare Capital Management
Richmond,
Virginia
| – | -$2K | -72 | Closed |
|
503
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -44 | Closed |
|
TRN Hedge Fund Activity: Q2 2015 in Review
417 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q2 2015, worth a combined $3.06B — down 30% from $4.36B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of TRN and 66 opened new positions — a net loss of 19 holders — while 131 trimmed existing stakes and 169 added.
The largest buyer was Hirzel Capital Management, opening a new position worth an estimated $49.6M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $59.7M sold.
- 417 institutional investors held Trinity Industries (TRN) as of Q2 2015, down from 440 in Q1 2015.
- Funds reported $3.06B of Trinity Industries stock for Q2 2015, down 30% quarter-over-quarter.
- 66 funds opened new Trinity Industries positions in Q2 2015 and 85 closed out, a net change of -19 holders.
- The largest Trinity Industries buyer in Q2 2015 was Hirzel Capital Management, an estimated $49.6M added.
- The largest Trinity Industries seller in Q2 2015 was Gotham Asset Management, an estimated $59.7M sold.
Based on aggregated 13F filings for Q2 2015.