Tronox
TROX
128 hedge funds and large institutions have $1.24B invested in Tronox in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 25 closing their positions.
932% more call options, than puts
Call options by funds: $23.5M | Put options by funds: $2.28M
24% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 42
19% more capital invested
Capital invested by funds: $1.04B → $1.24B (+$200M)
2.66% less ownership
Funds ownership: 84.17% → 81.51% (-2.7%)
4% less funds holding
Funds holding: 134 → 128 (-6)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.9M |
| 2 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$22.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$32.6M |
| 2 |
BCC
Bain Capital Credit
Boston,
Massachusetts
|
-$30.2M |
| 3 |
LM
Lasry Marc
|
-$18M |
| 4 |
AC
Alleghany Corporation
New York
|
-$12.7M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$8.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
151
Basso Capital Management
Stamford,
Connecticut
| – | -$91K | -4,568 | Closed |
|
152
US Bancorp
Minneapolis,
Minnesota
| – | -$71K | -3,500 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$1K | -54 | Closed |
|
TROX Hedge Fund Activity: Q3 2013 in Review
128 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q3 2013, worth a combined $1.24B — up 19% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TROX and 19 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 52 added.
The largest buyer was Fidelity Investments, adding an estimated $23.9M. The largest seller was Putnam Investments, cutting an estimated $32.6M.
- 128 institutional investors held Tronox (TROX) as of Q3 2013, down from 134 in Q2 2013.
- Funds reported $1.24B of Tronox stock for Q3 2013, up 19% quarter-over-quarter.
- 19 funds opened new Tronox positions in Q3 2013 and 25 closed out, a net change of -6 holders.
- The largest Tronox buyer in Q3 2013 was Fidelity Investments, an estimated $23.9M added.
- The largest Tronox seller in Q3 2013 was Putnam Investments, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2013.