Trinity Industries
249 hedge funds and large institutions have $1.65B invested in Trinity Industries in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 90 reducing their positions, and 33 closing their positions.
198% more call options, than puts
Call options by funds: $8.61M | Put options by funds: $2.89M
1.85% less ownership
Funds ownership: 85.53% → 83.68% (-1.8%)
3% less funds holding
Funds holding: 258 → 249 (-9)
11% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 90
12% less capital invested
Capital invested by funds: $1.88B → $1.65B (-$225M)
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.92M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.85M |
| 4 |
CGPCS
Capital Group Private Client Services
Los Angeles,
California
|
+$1.84M |
| 5 |
First Eagle Investment Management
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$34.8M |
| 2 |
Millennium Management
New York
|
-$6.79M |
| 3 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$4.45M |
| 4 |
CIS
Capital International Sarl
Los Angeles,
California
|
-$4.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$3.59M |
TRN Hedge Fund Activity: Q1 2023 in Review
249 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q1 2023, worth a combined $1.65B — down 12% from $1.88B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TRN and 26 opened new positions — a net loss of 7 holders — while 90 trimmed existing stakes and 80 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $3.16M. The largest seller was Capital International Investors, cutting an estimated $34.8M.
- 249 institutional investors held Trinity Industries (TRN) as of Q1 2023, down from 258 in Q4 2022.
- Funds reported $1.65B of Trinity Industries stock for Q1 2023, down 12% quarter-over-quarter.
- 26 funds opened new Trinity Industries positions in Q1 2023 and 33 closed out, a net change of -7 holders.
- The largest Trinity Industries buyer in Q1 2023 was Cubist Systematic Strategies, an estimated $3.16M added.
- The largest Trinity Industries seller in Q1 2023 was Capital International Investors, an estimated $34.8M sold.
Based on aggregated 13F filings for Q1 2023.