TriMas Corp
128 hedge funds and large institutions have $1.04B invested in TriMas Corp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 45 increasing their positions, 55 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3.78% more ownership
Funds ownership: 98.08% → 101.86% (+3.8%)
12% less funds holding
Funds holding: 145 → 128 (-17)
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
25% less capital invested
Capital invested by funds: $1.39B → $1.04B (-$343M)
39% less call options, than puts
Call options by funds: $171K | Put options by funds: $282K
64% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$57.3M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$12.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$10.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$19.1M |
| 2 |
Pzena Investment Management
New York
|
-$13.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$9.65M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$8.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Chevy Chase Trust
Bethesda,
Maryland
| – | -$23K | -733 | Closed |
|
|
AWM
152
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$2K | -61 | Closed |
|
153
Osaic Holdings
Scottsdale,
Arizona
| – | +$55 | +2 | New |
|
TRS Hedge Fund Activity: Q1 2020 in Review
128 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TriMas Corp (TRS) for Q1 2020, worth a combined $1.04B — down 25% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TRS and 9 opened new positions — a net loss of 16 holders — while 55 trimmed existing stakes and 45 added.
The largest buyer was Victory Capital Management, adding an estimated $57.3M. The largest seller was Goldman Sachs, cutting an estimated $19.1M.
- 128 institutional investors held TriMas Corp (TRS) as of Q1 2020, down from 145 in Q4 2019.
- Funds reported $1.04B of TriMas Corp stock for Q1 2020, down 25% quarter-over-quarter.
- 9 funds opened new TriMas Corp positions in Q1 2020 and 25 closed out, a net change of -16 holders.
- The largest TriMas Corp buyer in Q1 2020 was Victory Capital Management, an estimated $57.3M added.
- The largest TriMas Corp seller in Q1 2020 was Goldman Sachs, an estimated $19.1M sold.
Based on aggregated 13F filings for Q1 2020.