Tronox
TROX
144 hedge funds and large institutions have $665M invested in Tronox in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 41 reducing their positions, and 41 closing their positions.
217% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $9.72M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
37% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 41
1.27% less ownership
Funds ownership: 91.91% → 90.64% (-1.3%)
8% less funds holding
Funds holding: 156 → 144 (-12)
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
34% less capital invested
Capital invested by funds: $1.01B → $665M (-$346M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
+$44.2M |
| 2 |
Goldman Sachs
New York
|
+$27M |
| 3 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$8.02M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.2M |
| 2 |
SIM
Stelliam Investment Management
New York
|
-$22.7M |
| 3 |
TA
Teachers Advisors
New York
|
-$17.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$17.6M |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$14.6M |
TROX Hedge Fund Activity: Q4 2018 in Review
144 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q4 2018, worth a combined $665M — down 34% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TROX and 30 opened new positions — a net loss of 11 holders — while 41 trimmed existing stakes and 56 added.
The largest buyer was Anchorage Capital Group, opening a new position worth an estimated $44.2M. The largest seller was Fidelity Investments, cutting an estimated $47.2M.
- 144 institutional investors held Tronox (TROX) as of Q4 2018, down from 156 in Q3 2018.
- Funds reported $665M of Tronox stock for Q4 2018, down 34% quarter-over-quarter.
- 30 funds opened new Tronox positions in Q4 2018 and 41 closed out, a net change of -11 holders.
- The largest Tronox buyer in Q4 2018 was Anchorage Capital Group, an estimated $44.2M added.
- The largest Tronox seller in Q4 2018 was Fidelity Investments, an estimated $47.2M sold.
Based on aggregated 13F filings for Q4 2018.