TriMas Corp
144 hedge funds and large institutions have $1.5B invested in TriMas Corp in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 22 closing their positions.
1,003% more call options, than puts
Call options by funds: $408K | Put options by funds: $37K
1.74% more ownership
Funds ownership: 166.99% → 168.74% (+1.7%)
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
6% less funds holding
Funds holding: 153 → 144 (-9)
16% less capital invested
Capital invested by funds: $1.78B → $1.5B (-$283M)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$16.1M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$15.4M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$11.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.81M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.5M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$9.43M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$6.86M |
| 5 |
Bank of New York Mellon
New York
|
-$6.67M |
TRS Hedge Fund Activity: Q1 2014 in Review
144 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in TriMas Corp (TRS) for Q1 2014, worth a combined $1.5B — down 16% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TRS and 16 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 56 added.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $16.1M. The largest seller was Fidelity Investments, cutting an estimated $12M.
- 144 institutional investors held TriMas Corp (TRS) as of Q1 2014, down from 153 in Q4 2013.
- Funds reported $1.5B of TriMas Corp stock for Q1 2014, down 16% quarter-over-quarter.
- 16 funds opened new TriMas Corp positions in Q1 2014 and 22 closed out, a net change of -6 holders.
- The largest TriMas Corp buyer in Q1 2014 was Glenmede Trust, an estimated $16.1M added.
- The largest TriMas Corp seller in Q1 2014 was Fidelity Investments, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2014.