Trinity Industries
391 hedge funds and large institutions have $4.37B invested in Trinity Industries in 2018 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 124 increasing their positions, 143 reducing their positions, and 44 closing their positions.
62% more call options, than puts
Call options by funds: $61.9M | Put options by funds: $38.1M
2% more capital invested
Capital invested by funds: $4.28B → $4.37B (+$92.2M)
2% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 44
1% less funds holding
Funds holding: 396 → 391 (-5)
3.29% less ownership
Funds ownership: 116.22% → 112.93% (-3.3%)
13% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 143
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$28.2M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$26.9M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$26M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.1M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$153M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$50.7M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$38.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$26.1M |
| 5 |
Janus Henderson Group
London,
|
-$23.9M |
TRN Hedge Fund Activity: Q3 2018 in Review
391 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q3 2018, worth a combined $4.37B — up 2.2% from $4.28B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TRN and 43 opened new positions — a net loss of 1 holder — while 143 trimmed existing stakes and 124 added.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $28.2M. The largest seller was LSV Asset Management, cutting an estimated $153M.
- 391 institutional investors held Trinity Industries (TRN) as of Q3 2018, down from 396 in Q2 2018.
- Funds reported $4.37B of Trinity Industries stock for Q3 2018, up 2.2% quarter-over-quarter.
- 43 funds opened new Trinity Industries positions in Q3 2018 and 44 closed out, a net change of -1 holder.
- The largest Trinity Industries buyer in Q3 2018 was Hennessy Advisors Inc, an estimated $28.2M added.
- The largest Trinity Industries seller in Q3 2018 was LSV Asset Management, an estimated $153M sold.
Based on aggregated 13F filings for Q3 2018.