Tronox
TROX
156 hedge funds and large institutions have $1.01B invested in Tronox in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 42 reducing their positions, and 33 closing their positions.
219% more call options, than puts
Call options by funds: $33.4M | Put options by funds: $10.5M
57% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 42
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2% less funds holding
Funds holding: 159 → 156 (-3)
2.93% less ownership
Funds ownership: 94.85% → 91.91% (-2.9%)
42% less capital invested
Capital invested by funds: $1.75B → $1.01B (-$743M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$21.3M |
| 2 |
FCP
Fine Capital Partners
New York
|
+$16.4M |
| 3 |
MCM
Moon Capital Management
New York
|
+$14.9M |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$11.3M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$28.7M |
| 2 |
Millennium Management
New York
|
-$25.2M |
| 3 |
GCM
Gruss Capital Management
New York
|
-$21.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$13.3M |
| 5 |
KC
Kepos Capital
New York
|
-$12.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
176
Bayesian Capital Management
Brooklyn,
New York
| – | -$277K | -14,100 | Closed |
|
177
SG Americas Securities
New York
| – | -$119K | -6,029 | Closed |
|
|
DAL
178
David A. Lorber
| – | -$61K | -3,124 | Closed |
|
179
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$33K | -1,675 | Closed |
|
|
PIA
180
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$32K | -1,626 | Closed |
|
|
VFA
181
Valeo Financial Advisors
Carmel,
Indiana
| – | -$24K | -1,500 | Closed |
|
|
BCA
182
Bray Capital Advisors
Naples,
Florida
| – | -$9K | -480 | Closed |
|
|
CAG
183
Csenge Advisory Group
Clearwater,
Florida
| – | +$229 | +14 | New |
|
TROX Hedge Fund Activity: Q3 2018 in Review
156 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q3 2018, worth a combined $1.01B — down 42% from $1.75B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TROX and 30 opened new positions — a net loss of 3 holders — while 42 trimmed existing stakes and 66 added.
The largest buyer was Point72 Asset Management, adding an estimated $21.3M. The largest seller was TIG Advisors LLC, cutting an estimated $28.7M.
- 156 institutional investors held Tronox (TROX) as of Q3 2018, down from 159 in Q2 2018.
- Funds reported $1.01B of Tronox stock for Q3 2018, down 42% quarter-over-quarter.
- 30 funds opened new Tronox positions in Q3 2018 and 33 closed out, a net change of -3 holders.
- The largest Tronox buyer in Q3 2018 was Point72 Asset Management, an estimated $21.3M added.
- The largest Tronox seller in Q3 2018 was TIG Advisors LLC, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2018.