Tronox
TROX
106 hedge funds and large institutions have $246M invested in Tronox in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 26 closing their positions.
3.3% more ownership
Funds ownership: 94.38% → 97.68% (+3.3%)
5% less funds holding
Funds holding: 112 → 106 (-6)
9% less capital invested
Capital invested by funds: $271M → $246M (-$25M)
16% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 38
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
23% less call options, than puts
Call options by funds: $5.93M | Put options by funds: $7.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$11M |
| 2 |
Barclays
London,
United Kingdom
|
+$5.17M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$4.36M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
+$3.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$3.22M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$2.68M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.02M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFR
126
Lehman Financial Resources
Media,
Pennsylvania
| – | -$10K | -2,300 | Closed |
|
127
Group One Trading
Chicago,
Illinois
| – | -$10.4K | -1,888 | Closed |
|
|
GXMC
128
Global X Management Company
New York
| – | -$7K | -1,567 | Closed |
|
|
SMC
129
S. Muoio & Co
New York
| – | -$4K | -196 | Closed |
|
|
WAM
130
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$248 | +45 | New |
|
|
VCM
131
Versant Capital Management
Phoenix,
Arizona
| – | +$903 | +164 | New |
|
TROX Hedge Fund Activity: Q4 2015 in Review
106 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q4 2015, worth a combined $246M — down 9.2% from $271M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TROX and 20 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 32 added.
The largest buyer was Assured Investment Management, opening a new position worth an estimated $11M. The largest seller was Fidelity Investments, cutting an estimated $12.8M.
- 106 institutional investors held Tronox (TROX) as of Q4 2015, down from 112 in Q3 2015.
- Funds reported $246M of Tronox stock for Q4 2015, down 9.2% quarter-over-quarter.
- 20 funds opened new Tronox positions in Q4 2015 and 26 closed out, a net change of -6 holders.
- The largest Tronox buyer in Q4 2015 was Assured Investment Management, an estimated $11M added.
- The largest Tronox seller in Q4 2015 was Fidelity Investments, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2015.