Trinity Industries
TRN
357 hedge funds and large institutions have $3.39B invested in Trinity Industries in 2016 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 99 increasing their positions, 144 reducing their positions, and 46 closing their positions.
33% more call options, than puts
Call options by funds: $45.7M | Put options by funds: $34.3M
28% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 46
20% more capital invested
Capital invested by funds: $2.83B → $3.39B (+$567M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4.61% more ownership
Funds ownership: 106.89% → 111.5% (+4.6%)
3% more funds holding
Funds holding: 348 → 357 (+9)
31% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$80.9M |
| 2 |
Goldman Sachs
New York
|
+$56.6M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$43.5M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$31.5M |
| 5 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$37.7M |
| 2 |
Morgan Stanley
New York
|
-$27.3M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$23.2M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$18.2M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$17.6M |
TRN Hedge Fund Activity: Q4 2016 in Review
357 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q4 2016, worth a combined $3.39B — up 20% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new TRN positions and 46 closed out — a net gain of 13 holders — while 99 added to existing stakes and 144 trimmed.
The largest buyer was ValueAct Holdings, adding an estimated $80.9M. The largest seller was Citigroup, cutting an estimated $37.7M.
- 357 institutional investors held Trinity Industries (TRN) as of Q4 2016, up from 348 in Q3 2016.
- Funds reported $3.39B of Trinity Industries stock for Q4 2016, up 20% quarter-over-quarter.
- 59 funds opened new Trinity Industries positions in Q4 2016 and 46 closed out, a net change of +13 holders.
- The largest Trinity Industries buyer in Q4 2016 was ValueAct Holdings, an estimated $80.9M added.
- The largest Trinity Industries seller in Q4 2016 was Citigroup, an estimated $37.7M sold.
Based on aggregated 13F filings for Q4 2016.