Trinity Industries
279 hedge funds and large institutions have $2.56B invested in Trinity Industries in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 124 reducing their positions, and 28 closing their positions.
39% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 28
35% more call options, than puts
Call options by funds: $12M | Put options by funds: $8.83M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more capital invested
Capital invested by funds: $2.23B → $2.56B (+$323M)
5.34% more ownership
Funds ownership: 88.75% → 94.09% (+5.3%)
1% more funds holding
Funds holding: 276 → 279 (+3)
40% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$47.5M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$30.3M |
| 3 |
Janus Henderson Group
London,
|
+$26.4M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$16M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.1M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$14.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$13.1M |
| 4 |
BlackRock
New York
|
-$11.8M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$10.6M |
TRN Hedge Fund Activity: Q4 2019 in Review
279 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Trinity Industries (TRN) for Q4 2019, worth a combined $2.56B — up 14% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TRN positions and 28 closed out — a net gain of 11 holders — while 74 added to existing stakes and 124 trimmed.
The largest buyer was ValueAct Holdings, adding an estimated $47.5M. The largest seller was Vanguard Group, cutting an estimated $15.1M.
- 279 institutional investors held Trinity Industries (TRN) as of Q4 2019, up from 276 in Q3 2019.
- Funds reported $2.56B of Trinity Industries stock for Q4 2019, up 14% quarter-over-quarter.
- 39 funds opened new Trinity Industries positions in Q4 2019 and 28 closed out, a net change of +11 holders.
- The largest Trinity Industries buyer in Q4 2019 was ValueAct Holdings, an estimated $47.5M added.
- The largest Trinity Industries seller in Q4 2019 was Vanguard Group, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2019.