Tronox
TROX
187 hedge funds and large institutions have $1.6B invested in Tronox in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 69 reducing their positions, and 34 closing their positions.
565% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $3.49M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more capital invested
Capital invested by funds: $1.31B → $1.6B (+$288M)
4.95% more ownership
Funds ownership: 67.09% → 72.05% (+5%)
6% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 69
9% less funds holding
Funds holding: 205 → 187 (-18)
47% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.4M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$31.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$30.9M |
| 4 |
Bank of New York Mellon
New York
|
+$14.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$5.45M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.25M |
| 4 |
Renaissance Technologies
New York
|
-$4.88M |
| 5 |
TC
TwinBeech Capital
Purchase,
New York
|
-$4.54M |
TROX Hedge Fund Activity: Q1 2023 in Review
187 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tronox (TROX) for Q1 2023, worth a combined $1.6B — up 22% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TROX and 18 opened new positions — a net loss of 16 holders — while 69 trimmed existing stakes and 65 added.
The largest buyer was Fidelity Investments, adding an estimated $37.4M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $10.5M sold.
- 187 institutional investors held Tronox (TROX) as of Q1 2023, down from 205 in Q4 2022.
- Funds reported $1.6B of Tronox stock for Q1 2023, up 22% quarter-over-quarter.
- 18 funds opened new Tronox positions in Q1 2023 and 34 closed out, a net change of -16 holders.
- The largest Tronox buyer in Q1 2023 was Fidelity Investments, an estimated $37.4M added.
- The largest Tronox seller in Q1 2023 was Arrowstreet Capital, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2023.