Tronox
TROX
144 hedge funds and large institutions have $587M invested in Tronox in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 17 closing their positions.
312% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $5.11M
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
12% more capital invested
Capital invested by funds: $526M → $587M (+$61.1M)
11% more funds holding
Funds holding: 130 → 144 (+14)
1.17% more ownership
Funds ownership: 86.11% → 87.28% (+1.2%)
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$8.35M |
| 2 |
SIM
Spark Investment Management
New York
|
+$7.3M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.01M |
| 4 |
Two Sigma Investments
New York
|
+$6.49M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lasry Marc
|
-$16.8M |
| 2 |
AIM
Assured Investment Management
New York
|
-$12.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$11.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.35M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
151
Zacks Investment Management
Chicago,
Illinois
| – | -$247K | -26,354 | Closed |
|
152
Verition Fund Management
Greenwich,
Connecticut
| – | -$203K | -21,638 | Closed |
|
|
WAM
153
Weiss Asset Management
Boston,
Massachusetts
| – | -$197K | -21,002 | Closed |
|
|
FRM
154
Fox Run Management
Greenwich,
Connecticut
| – | -$171K | -18,300 | Closed |
|
155
SG Americas Securities
New York
| – | -$158K | -16,838 | Closed |
|
|
SKK
156
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$127K | -13,551 | Closed |
|
|
PG
157
PEAK6 Group
Chicago,
Illinois
| – | -$32.2K | -3,231 | Closed |
|
158
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$18K | -2,000 | Closed |
|
|
LYV
159
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$13K | -1,400 | Closed |
|
|
CG
160
Cutler Group
San Francisco,
California
| – | -$3.23K | -324 | Closed |
|
TROX Hedge Fund Activity: Q4 2016 in Review
144 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q4 2016, worth a combined $587M — up 12% from $526M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TROX positions and 17 closed out — a net gain of 15 holders — while 44 added to existing stakes and 54 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $8.35M. The largest seller was Lasry Marc, exiting entirely with an estimated $16.8M sold.
- 144 institutional investors held Tronox (TROX) as of Q4 2016, up from 130 in Q3 2016.
- Funds reported $587M of Tronox stock for Q4 2016, up 12% quarter-over-quarter.
- 32 funds opened new Tronox positions in Q4 2016 and 17 closed out, a net change of +15 holders.
- The largest Tronox buyer in Q4 2016 was Teachers Advisors, an estimated $8.35M added.
- The largest Tronox seller in Q4 2016 was Lasry Marc, an estimated $16.8M sold.
Based on aggregated 13F filings for Q4 2016.