Trinity Industries
TRN
472 hedge funds and large institutions have $5.83B invested in Trinity Industries in 2014 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 164 increasing their positions, 156 reducing their positions, and 27 closing their positions.
270% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 27
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
29% more capital invested
Capital invested by funds: $4.51B → $5.83B (+$1.32B)
17% more funds holding
Funds holding: 403 → 472 (+69)
11% more call options, than puts
Call options by funds: $242M | Put options by funds: $217M
5% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 156
104.37% less ownership
Funds ownership: 223.15% → 118.78% (-104%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$151M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$67.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$49.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$39.2M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$102M |
| 2 |
PP
Peconic Partners
New York
|
-$53.8M |
| 3 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$50.1M |
| 4 |
Bank of New York Mellon
New York
|
-$41.1M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$27.8M |
TRN Hedge Fund Activity: Q2 2014 in Review
472 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q2 2014, worth a combined $5.83B — up 29% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new TRN positions and 27 closed out — a net gain of 73 holders — while 164 added to existing stakes and 156 trimmed.
The largest buyer was AJO LP, adding an estimated $151M. The largest seller was Franklin Resources, cutting an estimated $102M.
- 472 institutional investors held Trinity Industries (TRN) as of Q2 2014, up from 403 in Q1 2014.
- Funds reported $5.83B of Trinity Industries stock for Q2 2014, up 29% quarter-over-quarter.
- 100 funds opened new Trinity Industries positions in Q2 2014 and 27 closed out, a net change of +73 holders.
- The largest Trinity Industries buyer in Q2 2014 was AJO LP, an estimated $151M added.
- The largest Trinity Industries seller in Q2 2014 was Franklin Resources, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2014.