Trinity Industries
347 hedge funds and large institutions have $2.07B invested in Trinity Industries in 2016 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 136 increasing their positions, 119 reducing their positions, and 85 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 119
5% more call options, than puts
Call options by funds: $23.6M | Put options by funds: $22.4M
2.87% less ownership
Funds ownership: 106.92% → 104.05% (-2.9%)
10% less funds holding
Funds holding: 386 → 347 (-39)
26% less capital invested
Capital invested by funds: $2.81B → $2.07B (-$744M)
45% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 85
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$112M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$49.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.4M |
| 4 |
Citigroup
New York
|
+$14.2M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$76.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$61.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$47.4M |
| 4 |
Morgan Stanley
New York
|
-$27.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$21.7M |
TRN Hedge Fund Activity: Q1 2016 in Review
347 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q1 2016, worth a combined $2.07B — down 26% from $2.81B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of TRN and 47 opened new positions — a net loss of 38 holders — while 119 trimmed existing stakes and 136 added.
The largest buyer was Brookfield Corp, adding an estimated $112M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $76.3M sold.
- 347 institutional investors held Trinity Industries (TRN) as of Q1 2016, down from 386 in Q4 2015.
- Funds reported $2.07B of Trinity Industries stock for Q1 2016, down 26% quarter-over-quarter.
- 47 funds opened new Trinity Industries positions in Q1 2016 and 85 closed out, a net change of -38 holders.
- The largest Trinity Industries buyer in Q1 2016 was Brookfield Corp, an estimated $112M added.
- The largest Trinity Industries seller in Q1 2016 was Systematic Financial Management, an estimated $76.3M sold.
Based on aggregated 13F filings for Q1 2016.