Tronox
TROX
117 hedge funds and large institutions have $254M invested in Tronox in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 16 closing their positions.
311% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $1.69M
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
11% more funds holding
Funds holding: 105 → 117 (+12)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.69% less ownership
Funds ownership: 96.17% → 88.48% (-7.7%)
35% less capital invested
Capital invested by funds: $393M → $254M (-$140M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.39M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.6M |
| 4 |
FCP
Fine Capital Partners
New York
|
+$4.08M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$34.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.1M |
| 3 |
Barclays
London,
United Kingdom
|
-$11.2M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$6.39M |
| 5 |
AIM
Assured Investment Management
New York
|
-$5.67M |
TROX Hedge Fund Activity: Q2 2016 in Review
117 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q2 2016, worth a combined $254M — down 35% from $393M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TROX positions and 16 closed out — a net gain of 13 holders — while 40 added to existing stakes and 32 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $12M. The largest seller was Deutsche Bank, cutting an estimated $34.8M.
- 117 institutional investors held Tronox (TROX) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $254M of Tronox stock for Q2 2016, down 35% quarter-over-quarter.
- 29 funds opened new Tronox positions in Q2 2016 and 16 closed out, a net change of +13 holders.
- The largest Tronox buyer in Q2 2016 was Victory Capital Management, an estimated $12M added.
- The largest Tronox seller in Q2 2016 was Deutsche Bank, an estimated $34.8M sold.
Based on aggregated 13F filings for Q2 2016.