Trinity Industries
336 hedge funds and large institutions have $2.48B invested in Trinity Industries in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 44 increasing their positions, 253 reducing their positions, and 93 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
14% less funds holding
Funds holding: 392 → 336 (-56)
30.91% less ownership
Funds ownership: 113.11% → 82.19% (-31%)
41% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $29.9M
43% less capital invested
Capital invested by funds: $4.38B → $2.48B (-$1.9B)
58% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 93
83% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 253
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$45.2M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$39.5M |
| 3 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$21.7M |
| 4 |
LWCA
Locust Wood Capital Advisers
New York
|
+$20.7M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$181M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$145M |
| 3 |
BlackRock
New York
|
-$102M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$56.1M |
| 5 |
Millennium Management
New York
|
-$49.8M |
TRN Hedge Fund Activity: Q4 2018 in Review
336 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q4 2018, worth a combined $2.48B — down 43% from $4.38B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of TRN and 39 opened new positions — a net loss of 54 holders — while 253 trimmed existing stakes and 44 added.
The largest buyer was Impala Asset Management, opening a new position worth an estimated $45.2M. The largest seller was ValueAct Holdings, cutting an estimated $181M.
- 336 institutional investors held Trinity Industries (TRN) as of Q4 2018, down from 392 in Q3 2018.
- Funds reported $2.48B of Trinity Industries stock for Q4 2018, down 43% quarter-over-quarter.
- 39 funds opened new Trinity Industries positions in Q4 2018 and 93 closed out, a net change of -54 holders.
- The largest Trinity Industries buyer in Q4 2018 was Impala Asset Management, an estimated $45.2M added.
- The largest Trinity Industries seller in Q4 2018 was ValueAct Holdings, an estimated $181M sold.
Based on aggregated 13F filings for Q4 2018.