Tronox
TROX
134 hedge funds and large institutions have $1.22B invested in Tronox in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 17 closing their positions.
263% more call options, than puts
Call options by funds: $13M | Put options by funds: $3.59M
4% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 48
4% more capital invested
Capital invested by funds: $1.18B → $1.22B (+$43.9M)
0.43% more ownership
Funds ownership: 81.82% → 82.25% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
4% less funds holding
Funds holding: 139 → 134 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.1M |
| 2 |
Millennium Management
New York
|
+$22.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$21.9M |
| 4 |
FCP
Fine Capital Partners
New York
|
+$11.6M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$54.6M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$34.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$24.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16M |
| 5 |
AC
Alleghany Corporation
New York
|
-$10M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -50 | Closed |
|
TROX Hedge Fund Activity: Q1 2014 in Review
134 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q1 2014, worth a combined $1.22B — up 3.7% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TROX and 14 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 50 added.
The largest buyer was Fidelity Investments, adding an estimated $69.1M. The largest seller was Gates Capital Management, cutting an estimated $54.6M.
- 134 institutional investors held Tronox (TROX) as of Q1 2014, down from 139 in Q4 2013.
- Funds reported $1.22B of Tronox stock for Q1 2014, up 3.7% quarter-over-quarter.
- 14 funds opened new Tronox positions in Q1 2014 and 17 closed out, a net change of -3 holders.
- The largest Tronox buyer in Q1 2014 was Fidelity Investments, an estimated $69.1M added.
- The largest Tronox seller in Q1 2014 was Gates Capital Management, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2014.