Tronox
TROX
152 hedge funds and large institutions have $1.36B invested in Tronox in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 54 reducing their positions, and 31 closing their positions.
469% more call options, than puts
Call options by funds: $28M | Put options by funds: $4.92M
19% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 54
1.74% more ownership
Funds ownership: 88.03% → 89.77% (+1.7%)
6% less capital invested
Capital invested by funds: $1.45B → $1.36B (-$87.6M)
10% less funds holding
Funds holding: 168 → 152 (-16)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$19.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$14.8M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$9.76M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.28M |
| 5 |
FCP
Fine Capital Partners
New York
|
+$8.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$22.7M |
| 2 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$9.61M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.35M |
| 4 |
CTI
Community Trust & Investment
Versailles,
Kentucky
|
-$7.83M |
| 5 |
HT
HAP Trading
New York
|
-$5.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Verition Fund Management
Greenwich,
Connecticut
| – | -$222K | -8,533 | Closed |
|
177
BNP Paribas Financial Markets
Paris,
France
| – | -$96.1K | -3,690 | Closed |
|
|
IRS
178
Invictus RG (Singapore)
Singapore
| – | -$90K | -3,455 | Closed |
|
179
US Bancorp
Minneapolis,
Minnesota
| – | -$51K | -1,968 | Closed |
|
|
PMAM
180
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$39 | -1,500 | Closed |
|
|
SAMC
181
Shinko Asset Management Company
Tokyo,
Japan
| – | -$18K | -700 | Closed |
|
|
WEC
182
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$4.48K | -172 | Closed |
|
183
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -117 | Closed |
|
TROX Hedge Fund Activity: Q4 2014 in Review
152 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q4 2014, worth a combined $1.36B — down 6% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TROX and 19 opened new positions — a net loss of 12 holders — while 54 trimmed existing stakes and 64 added.
The largest buyer was Manning & Napier Advisors, adding an estimated $19.7M. The largest seller was Goldman Sachs, cutting an estimated $22.7M.
- 152 institutional investors held Tronox (TROX) as of Q4 2014, down from 168 in Q3 2014.
- Funds reported $1.36B of Tronox stock for Q4 2014, down 6% quarter-over-quarter.
- 19 funds opened new Tronox positions in Q4 2014 and 31 closed out, a net change of -12 holders.
- The largest Tronox buyer in Q4 2014 was Manning & Napier Advisors, an estimated $19.7M added.
- The largest Tronox seller in Q4 2014 was Goldman Sachs, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2014.