Tronox
TROX
130 hedge funds and large institutions have $526M invested in Tronox in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 41 reducing their positions, and 13 closing their positions.
593% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $2.77M
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
107% more capital invested
Capital invested by funds: $254M → $526M (+$272M)
11% more funds holding
Funds holding: 117 → 130 (+13)
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
2.36% less ownership
Funds ownership: 88.48% → 86.11% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.11M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$3.88M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$3.52M |
| 4 |
JP Morgan Chase
New York
|
+$3.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| 2 |
FCP
Fine Capital Partners
New York
|
-$8.41M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$3.68M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.38M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
-$2.75M |
TROX Hedge Fund Activity: Q3 2016 in Review
130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q3 2016, worth a combined $526M — up 107% from $254M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TROX positions and 13 closed out — a net gain of 14 holders — while 44 added to existing stakes and 41 trimmed.
The largest buyer was Millennium Management, adding an estimated $6.11M. The largest seller was Fidelity Investments, cutting an estimated $19M.
- 130 institutional investors held Tronox (TROX) as of Q3 2016, up from 117 in Q2 2016.
- Funds reported $526M of Tronox stock for Q3 2016, up 107% quarter-over-quarter.
- 27 funds opened new Tronox positions in Q3 2016 and 13 closed out, a net change of +14 holders.
- The largest Tronox buyer in Q3 2016 was Millennium Management, an estimated $6.11M added.
- The largest Tronox seller in Q3 2016 was Fidelity Investments, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2016.