Tronox
TROX
132 hedge funds and large institutions have $410M invested in Tronox in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 32 closing their positions.
32% more call options, than puts
Call options by funds: $3.41M | Put options by funds: $2.59M
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
0.02% less ownership
Funds ownership: 57.69% → 57.67% (-0.02%)
8% less funds holding
Funds holding: 144 → 132 (-12)
28% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 32
56% less capital invested
Capital invested by funds: $935M → $410M (-$525M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$16.5M |
| 2 |
JP Morgan Chase
New York
|
+$16.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.3M |
| 5 |
Neuberger Berman Group
New York
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$16.3M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$14.4M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$6.01M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.72M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
151
Trexquant Investment
Stamford,
Connecticut
| – | -$169K | -14,781 | Closed |
|
|
FRM
152
Fox Run Management
Greenwich,
Connecticut
| – | -$148K | -12,934 | Closed |
|
153
ProShare Advisors
Bethesda,
Maryland
| – | -$141K | -12,377 | Closed |
|
154
Los Angeles Capital Management
Los Angeles,
California
| – | -$133K | -11,630 | Closed |
|
|
GC
155
Gratia Capital
Los Angeles,
California
| – | -$116K | -10,200 | Closed |
|
156
Russell Investments Group
London,
United Kingdom
| – | -$81K | -7,200 | Closed |
|
157
First Manhattan
New York
| – | -$17K | -1,506 | Closed |
|
|
TFO
158
Tarbox Family Office
Newport Beach,
California
| – | -$5K | -473 | Closed |
|
|
WT
159
Whittier Trust
South Pasadena,
California
| – | -$1K | -63 | Closed |
|
|
AT
160
Arden Trust
Wilmington,
Delaware
| – | +$414 | +50 | New |
|
TROX Hedge Fund Activity: Q1 2020 in Review
132 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q1 2020, worth a combined $410M — down 56% from $935M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TROX and 23 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 47 added.
The largest buyer was Maple Rock Capital Partners, adding an estimated $16.5M. The largest seller was Samlyn Capital, exiting entirely with an estimated $16.3M sold.
- 132 institutional investors held Tronox (TROX) as of Q1 2020, down from 144 in Q4 2019.
- Funds reported $410M of Tronox stock for Q1 2020, down 56% quarter-over-quarter.
- 23 funds opened new Tronox positions in Q1 2020 and 32 closed out, a net change of -9 holders.
- The largest Tronox buyer in Q1 2020 was Maple Rock Capital Partners, an estimated $16.5M added.
- The largest Tronox seller in Q1 2020 was Samlyn Capital, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2020.