Trinity Industries
349 hedge funds and large institutions have $2.83B invested in Trinity Industries in 2016 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 121 increasing their positions, 118 reducing their positions, and 42 closing their positions.
75% more call options, than puts
Call options by funds: $35.5M | Put options by funds: $20.2M
31% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 42
29% more capital invested
Capital invested by funds: $2.2B → $2.83B (+$638M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2% more funds holding
Funds holding: 341 → 349 (+8)
3% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 118
2% less ownership
Funds ownership: 108.9% → 106.9% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$147M |
| 2 |
Morgan Stanley
New York
|
+$21M |
| 3 |
Bank of New York Mellon
New York
|
+$15.7M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$13.2M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$140M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$19.5M |
| 3 |
SG Americas Securities
New York
|
-$18M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$13.5M |
TRN Hedge Fund Activity: Q3 2016 in Review
349 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q3 2016, worth a combined $2.83B — up 29% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TRN positions and 42 closed out — a net gain of 13 holders — while 121 added to existing stakes and 118 trimmed.
The largest buyer was ValueAct Holdings, adding an estimated $147M. The largest seller was Brookfield Corp, cutting an estimated $140M.
- 349 institutional investors held Trinity Industries (TRN) as of Q3 2016, up from 341 in Q2 2016.
- Funds reported $2.83B of Trinity Industries stock for Q3 2016, up 29% quarter-over-quarter.
- 55 funds opened new Trinity Industries positions in Q3 2016 and 42 closed out, a net change of +13 holders.
- The largest Trinity Industries buyer in Q3 2016 was ValueAct Holdings, an estimated $147M added.
- The largest Trinity Industries seller in Q3 2016 was Brookfield Corp, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2016.