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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
Ohio Public Employees Retirement System (OPERS)
101
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.64M +$661K +27,415 +11%
CIBC World Market
102
CIBC World Market
Ontario, Canada
$5.62M +$1.12M +46,293 +20%
PI
103
Putnam Investments
Massachusetts
$5.59M +$2.04M +84,606 +44%
D.E. Shaw & Co
104
D.E. Shaw & Co
New York
$5.57M +$6.66M +275,989 New
Retirement Systems of Alabama
105
Retirement Systems of Alabama
Alabama
$5.52M +$425K +17,620 +7%
LPL Financial
106
LPL Financial
California
$5.5M -$2.36M -97,895 -26%
PAMP
107
Polar Asset Management Partners
Ontario, Canada
$5.38M +$6.43M +266,688 New
LAM
108
Lingohr Asset Management
Germany
$5.32M -$3.23M -134,044 -44%
PI
109
Placemark Investments
Illinois
$5.05M +$799K +33,125 +15%
GI
110
GAMCO Investors
Connecticut
$5.03M -$68.3K -2,833 -1%
Swiss National Bank
111
Swiss National Bank
Switzerland
$4.91M +$161K +6,667 +3%
SIA
112
Sit Investment Associates
Minnesota
$4.85M +$444K +18,404 +8%
VBCP
113
Vollero Beach Capital Partners
New York
$4.46M +$5.33M +220,905 New
WC
114
Walthausen & Co
New York
$4.41M +$5.27M +218,483 New
MPAM
115
Monarch Partners Asset Management
Massachusetts
$4.23M +$5.05M +209,565 New
RA
116
Rational Advisors
New York
$4.22M +$5.04M +209,045 New
AH
117
Achievement Holdings
Illinois
$4.2M +$5.02M +208,350 New
MM
118
Meridian Management
Arkansas
$4.15M -$651 -27 -0%
AC
119
Ascend Capital
California
$4.14M +$4.95M +205,284 New
DA
120
DSC Advisors
Illinois
$4.12M +$857K +35,558 +21%
TPSF
121
Texas Permanent School Fund
Texas
$3.92M -$47.1K -1,952 -1%
SGCIA
122
Smith Graham & Co Investment Advisors
Texas
$3.9M +$77.7K +3,223 +2%
MLICM
123
Metropolitan Life Insurance Company (MetLife)
New York
$3.84M +$34.4K +1,428 +0.8%
FDS
124
First Dallas Securities
Texas
$3.83M +$1.06M +43,864 +30%
PCM
125
Palouse Capital Management
Washington
$3.78M +$4.52M +187,501 New

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.