Trinity Industries
418 hedge funds and large institutions have $3.09B invested in Trinity Industries in 2015 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 169 increasing their positions, 132 reducing their positions, and 85 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 132
4.25% less ownership
Funds ownership: 108.95% → 104.7% (-4.2%)
5% less funds holding
Funds holding: 440 → 418 (-22)
21% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 85
27% less call options, than puts
Call options by funds: $55.3M | Put options by funds: $75.4M
29% less capital invested
Capital invested by funds: $4.33B → $3.09B (-$1.24B)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$49.6M |
| 2 |
Morgan Stanley
New York
|
+$39.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$32.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$32M |
| 5 |
D.E. Shaw & Co
New York
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$59.7M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$58.6M |
| 3 |
JP Morgan Chase
New York
|
-$38.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$30.4M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$28.6M |
TRN Hedge Fund Activity: Q2 2015 in Review
418 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q2 2015, worth a combined $3.09B — down 29% from $4.33B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of TRN and 67 opened new positions — a net loss of 18 holders — while 132 trimmed existing stakes and 169 added.
The largest buyer was Hirzel Capital Management, opening a new position worth an estimated $49.6M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $59.7M sold.
- 418 institutional investors held Trinity Industries (TRN) as of Q2 2015, down from 440 in Q1 2015.
- Funds reported $3.09B of Trinity Industries stock for Q2 2015, down 29% quarter-over-quarter.
- 67 funds opened new Trinity Industries positions in Q2 2015 and 85 closed out, a net change of -18 holders.
- The largest Trinity Industries buyer in Q2 2015 was Hirzel Capital Management, an estimated $49.6M added.
- The largest Trinity Industries seller in Q2 2015 was Gotham Asset Management, an estimated $59.7M sold.
Based on aggregated 13F filings for Q2 2015.