Tronox
TROX
112 hedge funds and large institutions have $271M invested in Tronox in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 35 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 34
28% more call options, than puts
Call options by funds: $5.37M | Put options by funds: $4.19M
3.33% more ownership
Funds ownership: 91.04% → 94.38% (+3.3%)
16% less funds holding
Funds holding: 133 → 112 (-21)
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
68% less capital invested
Capital invested by funds: $857M → $271M (-$587M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$41.6M |
| 2 |
Citigroup
New York
|
+$12.4M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$12M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$10.3M |
Top Sellers
| 1 |
LM
Litespeed Management
New York
|
-$44.6M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$15.5M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$13.9M |
| 4 |
Lazard Asset Management
New York
|
-$11.7M |
| 5 |
O
OppenheimerFunds
New York
|
-$11.1M |
TROX Hedge Fund Activity: Q3 2015 in Review
112 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q3 2015, worth a combined $271M — down 68% from $857M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TROX and 15 opened new positions — a net loss of 20 holders — while 34 trimmed existing stakes and 50 added.
The largest buyer was Deutsche Bank, adding an estimated $41.6M. The largest seller was Litespeed Management, exiting entirely with an estimated $44.6M sold.
- 112 institutional investors held Tronox (TROX) as of Q3 2015, down from 133 in Q2 2015.
- Funds reported $271M of Tronox stock for Q3 2015, down 68% quarter-over-quarter.
- 15 funds opened new Tronox positions in Q3 2015 and 35 closed out, a net change of -20 holders.
- The largest Tronox buyer in Q3 2015 was Deutsche Bank, an estimated $41.6M added.
- The largest Tronox seller in Q3 2015 was Litespeed Management, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2015.