Tronox
TROX
133 hedge funds and large institutions have $1.13B invested in Tronox in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 37 reducing their positions, and 35 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 37
2.79% less ownership
Funds ownership: 89.77% → 86.97% (-2.8%)
13% less funds holding
Funds holding: 152 → 133 (-19)
17% less capital invested
Capital invested by funds: $1.36B → $1.13B (-$229M)
19% less call options, than puts
Call options by funds: $8.83M | Put options by funds: $10.8M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
51% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$24.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.9M |
| 3 |
FCP
Fine Capital Partners
New York
|
+$16M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.2M |
| 5 |
Millennium Management
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Litespeed Management
New York
|
-$53.6M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$21.7M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$10.8M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$10.6M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$10.4M |
TROX Hedge Fund Activity: Q1 2015 in Review
133 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q1 2015, worth a combined $1.13B — down 17% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TROX and 17 opened new positions — a net loss of 18 holders — while 37 trimmed existing stakes and 59 added.
The largest buyer was Franklin Resources, adding an estimated $24.3M. The largest seller was Litespeed Management, exiting entirely with an estimated $53.6M sold.
- 133 institutional investors held Tronox (TROX) as of Q1 2015, down from 152 in Q4 2014.
- Funds reported $1.13B of Tronox stock for Q1 2015, down 17% quarter-over-quarter.
- 17 funds opened new Tronox positions in Q1 2015 and 35 closed out, a net change of -18 holders.
- The largest Tronox buyer in Q1 2015 was Franklin Resources, an estimated $24.3M added.
- The largest Tronox seller in Q1 2015 was Litespeed Management, an estimated $53.6M sold.
Based on aggregated 13F filings for Q1 2015.