TriMas Corp
131 hedge funds and large institutions have $861M invested in TriMas Corp in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 22 closing their positions.
3% more capital invested
Capital invested by funds: $838M → $861M (+$23.7M)
0.71% less ownership
Funds ownership: 138.56% → 137.85% (-0.71%)
5% less funds holding
Funds holding: 138 → 131 (-7)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.9M |
| 2 |
Goldman Sachs
New York
|
+$33.9M |
| 3 |
Pzena Investment Management
New York
|
+$7.01M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$6.29M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCPM
Sagard Capital Partners Management
New York
|
-$24.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$19.8M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$15.3M |
| 4 |
EC
Engaged Capital
Newport Beach,
California
|
-$6.09M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$5.49M |
TRS Hedge Fund Activity: Q3 2016 in Review
131 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in TriMas Corp (TRS) for Q3 2016, worth a combined $861M — up 2.8% from $838M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TRS and 15 opened new positions — a net loss of 7 holders — while 50 trimmed existing stakes and 43 added.
The largest buyer was Fidelity Investments, adding an estimated $39.9M. The largest seller was Sagard Capital Partners Management, exiting entirely with an estimated $24.5M sold.
- 131 institutional investors held TriMas Corp (TRS) as of Q3 2016, down from 138 in Q2 2016.
- Funds reported $861M of TriMas Corp stock for Q3 2016, up 2.8% quarter-over-quarter.
- 15 funds opened new TriMas Corp positions in Q3 2016 and 22 closed out, a net change of -7 holders.
- The largest TriMas Corp buyer in Q3 2016 was Fidelity Investments, an estimated $39.9M added.
- The largest TriMas Corp seller in Q3 2016 was Sagard Capital Partners Management, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2016.