Trinity Industries
360 hedge funds and large institutions have $3.29B invested in Trinity Industries in 2017 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 115 increasing their positions, 137 reducing their positions, and 41 closing their positions.
108% more call options, than puts
Call options by funds: $101M | Put options by funds: $48.9M
27% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 41
1.53% more ownership
Funds ownership: 111.5% → 113.03% (+1.5%)
1% more funds holding
Funds holding: 357 → 360 (+3)
3% less capital invested
Capital invested by funds: $3.39B → $3.29B (-$105M)
16% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 137
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$333M |
| 2 |
Millennium Management
New York
|
+$38.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$19.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$43.5M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$25.2M |
| 3 |
MCL
MIK Capital LLC
New York
|
-$18.9M |
| 4 |
Two Sigma Investments
New York
|
-$15M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$10.1M |
TRN Hedge Fund Activity: Q1 2017 in Review
360 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q1 2017, worth a combined $3.29B — down 3.1% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new TRN positions and 41 closed out — a net gain of 11 holders — while 115 added to existing stakes and 137 trimmed.
The largest buyer was BlackRock, adding an estimated $333M. The largest seller was Scopia Capital Management, exiting entirely with an estimated $43.5M sold.
- 360 institutional investors held Trinity Industries (TRN) as of Q1 2017, up from 357 in Q4 2016.
- Funds reported $3.29B of Trinity Industries stock for Q1 2017, down 3.1% quarter-over-quarter.
- 52 funds opened new Trinity Industries positions in Q1 2017 and 41 closed out, a net change of +11 holders.
- The largest Trinity Industries buyer in Q1 2017 was BlackRock, an estimated $333M added.
- The largest Trinity Industries seller in Q1 2017 was Scopia Capital Management, an estimated $43.5M sold.
Based on aggregated 13F filings for Q1 2017.