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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
GL
151
Globe Life
Texas
$2.63M +$335K +13,890 +12%
Nisa Investment Advisors
152
Nisa Investment Advisors
Missouri
$2.61M +$261K +10,834 +9%
ASRS
153
Arizona State Retirement System
Arizona
$2.58M -$164K -6,806 -5%
Stifel Financial
154
Stifel Financial
Missouri
$2.56M -$1.32M -54,896 -30%
IB
155
Intrust Bank
Kansas
$2.54M +$612K +25,396 +25%
PCM
156
Penn Capital Management
Pennsylvania
$2.5M +$2.99M +123,886 New
IPC
157
Independent Portfolio Consultants
Florida
$2.49M +$844K +35,017 +40%
Janney Montgomery Scott
158
Janney Montgomery Scott
Pennsylvania
$2.46M -$928K -38,466 -24%
Legal & General Group
159
Legal & General Group
United Kingdom
$2.42M -$83.1K -3,447 -3%
SC
160
Skylands Capital
Wisconsin
$2.32M +$1.98M +82,021 +247%
CSS
161
Cubist Systematic Strategies
Connecticut
$2.32M +$1.69M +69,989 +155%
BlackRock
162
BlackRock
New York
$2.31M -$930K -38,563 -25%
Citigroup
163
Citigroup
New York
$2.26M +$2.24M +93,041 +491%
Barclays
164
Barclays
United Kingdom
$2.12M -$6.76M -280,300 -73%
SOMRS
165
State of Michigan Retirement System
Michigan
$2.08M +$3.35K +139 +0.1%
MSA
166
Mason Street Advisors
Wisconsin
$2.06M -$33.6K -1,393 -1%
ICM
167
ICC Capital Management
Florida
$2.01M -$268K -11,105 -10%
CPA
168
Court Place Advisors
Maryland
$1.99M +$33.5K +1,389 +1%
Tudor Investment Corp
169
Tudor Investment Corp
Connecticut
$1.96M +$1.97M +81,534 +524%
Bessemer Group
170
Bessemer Group
New Jersey
$1.88M +$1.37M +56,888 +156%
TCM
171
Tributary Capital Management
Nebraska
$1.86M +$519K +21,529 +30%
HighTower Advisors
172
HighTower Advisors
Illinois
$1.85M +$552K +22,898 +33%
MAM
173
Martingale Asset Management
Massachusetts
$1.83M +$581K +24,088 +36%
BMCMI
174
Bryn Mawr Capital Management Inc
Pennsylvania
$1.81M +$2.16M +89,729 New
HSBC Holdings
175
HSBC Holdings
United Kingdom
$1.81M +$616K +25,523 +40%

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.