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Trinity Industries

329 hedge funds and large institutions have $3.17B invested in Trinity Industries in 2013 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 115 increasing their positions, 122 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

41% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 39

28% more call options, than puts

Call options by funds: $52.3M | Put options by funds: $40.8M

19% more capital invested

Capital invested by funds: $2.68B → $3.17B (+$496M)

4% more funds holding

Funds holding: 315329 (+14)

1.34% more ownership

Funds ownership: 244.56%245.9% (+1.3%)

6% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 122

Holders
329
Holders Change
+14
Holders Change %
+4.44%
% of All Funds
10.67%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.52%
New
55
Increased
115
Reduced
122
Closed
39
Calls
$52.3M
Puts
$40.8M
Net Calls
+$11.5M
Net Calls Change
+$13.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
1
Southernsun Asset Management
Tennessee
$229M +$18.6M +1,257,064 +10%
Vanguard Group
2
Vanguard Group
Pennsylvania
$215M +$4.02M +272,122 +2%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$168M -$9.98M -675,690 -6%
Allianz Asset Management
4
Allianz Asset Management
Germany
$141M +$16.3M +1,102,180 +15%
Franklin Resources
5
Franklin Resources
California
$137M -$3.1M -209,769 -2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$112M -$19.8M -1,341,929 -16%
State Street
7
State Street
Massachusetts
$106M -$2.69M -182,223 -3%
BIT
8
BlackRock Institutional Trust
California
$91.1M -$8.95M -605,785 -10%
BFA
9
BlackRock Fund Advisors
California
$87.8M +$2.18M +147,665 +3%
AR
10
Advisory Research
Illinois
$81.8M -$19.4M -1,317,114 -21%
Citadel Advisors
11
Citadel Advisors
Florida
$76.2M -$24.2M -1,640,459 -26%
SFM
12
Systematic Financial Management
New Jersey
$76.2M -$18M -1,217,639 -21%
AM
13
Appaloosa Management
Florida
$55.7M +$11.9M +806,603 +31%
LSV Asset Management
14
LSV Asset Management
Illinois
$50.2M +$38.8M +2,625,210 +583%
SCA
15
SAC Capital Advisors
Connecticut
$47.5M +$43M +2,911,616 New
IAM
16
Impala Asset Management
Florida
$46.8M +$42.4M +2,869,649 New
WHG
17
Westwood Holdings Group
Texas
$46.6M +$2.09M +141,647 +5%
Wells Fargo
18
Wells Fargo
California
$45.3M +$12.2M +825,647 +42%
RA
19
Royce & Associates
New York
$43.1M +$267K +18,057 +0.7%
CGI
20
CI Global Investments
California
$42.9M -$55.4M -3,749,578 -59%
JP Morgan Chase
21
JP Morgan Chase
New York
$41.4M +$17.7M +1,199,307 +90%
Northern Trust
22
Northern Trust
Illinois
$34.4M +$1.65M +111,996 +6%
PP
23
Peconic Partners
New York
$33.5M -$2.19M -148,582 -7%
HCM
24
Hodges Capital Management
Texas
$32.1M +$10.4M +703,962 +56%
Norges Bank
25
Norges Bank
Norway
$30.4M

TRN Hedge Fund Activity: Q3 2013 in Review

329 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q3 2013, worth a combined $3.17B — up 19% from $2.68B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new TRN positions and 39 closed out — a net gain of 16 holders — while 115 added to existing stakes and 122 trimmed.

The largest buyer was SAC Capital Advisors, opening a new position worth an estimated $43M. The largest seller was CI Global Investments, cutting an estimated $55.4M.

  • 329 institutional investors held Trinity Industries (TRN) as of Q3 2013, up from 315 in Q2 2013.
  • Funds reported $3.17B of Trinity Industries stock for Q3 2013, up 19% quarter-over-quarter.
  • 55 funds opened new Trinity Industries positions in Q3 2013 and 39 closed out, a net change of +16 holders.
  • The largest Trinity Industries buyer in Q3 2013 was SAC Capital Advisors, an estimated $43M added.
  • The largest Trinity Industries seller in Q3 2013 was CI Global Investments, an estimated $55.4M sold.

Based on aggregated 13F filings for Q3 2013.