Tronox
TROX
147 hedge funds and large institutions have $1.11B invested in Tronox in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 30 closing their positions.
139% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $4.29M
88% more capital invested
Capital invested by funds: $587M → $1.11B (+$519M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
30% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 30
3.19% more ownership
Funds ownership: 87.28% → 90.47% (+3.2%)
2% more funds holding
Funds holding: 144 → 147 (+3)
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$61.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.4M |
| 3 |
Goldman Sachs
New York
|
+$35M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$20.8M |
| 5 |
Millennium Management
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$28.1M |
| 2 |
FCP
Fine Capital Partners
New York
|
-$19.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.5M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$14.3M |
| 5 |
AIM
Assured Investment Management
New York
|
-$8.41M |
TROX Hedge Fund Activity: Q1 2017 in Review
147 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q1 2017, worth a combined $1.11B — up 88% from $587M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TROX positions and 30 closed out — a net gain of 9 holders — while 46 added to existing stakes and 51 trimmed.
The largest buyer was BlackRock, adding an estimated $61.1M. The largest seller was Franklin Resources, cutting an estimated $28.1M.
- 147 institutional investors held Tronox (TROX) as of Q1 2017, up from 144 in Q4 2016.
- Funds reported $1.11B of Tronox stock for Q1 2017, up 88% quarter-over-quarter.
- 39 funds opened new Tronox positions in Q1 2017 and 30 closed out, a net change of +9 holders.
- The largest Tronox buyer in Q1 2017 was BlackRock, an estimated $61.1M added.
- The largest Tronox seller in Q1 2017 was Franklin Resources, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2017.