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TriMas Corp

137 hedge funds and large institutions have $1.07B invested in TriMas Corp in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

42% more call options, than puts

Call options by funds: $235K | Put options by funds: $165K

25% more capital invested

Capital invested by funds: $858M → $1.07B (+$213M)

5% more funds holding

Funds holding: 131137 (+6)

24% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 54

37.66% less ownership

Funds ownership: 137.85%100.19% (-38%)

Holders
137
Holders Change
+6
Holders Change %
+4.58%
% of All Funds
3.42%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
23
Increased
41
Reduced
54
Closed
16
Calls
$235K
Puts
$165K
Net Calls
+$70K
Net Calls Change
+$70K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$112M -$4.89M -239,653 -5%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$93.3M -$6.7M -328,327 -8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$81.9M +$3.1M +152,073 +5%
CIP
4
Champlain Investment Partners
Vermont
$67.5M -$1.31M -63,990 -2%
FMI
5
Fiduciary Management Inc
Wisconsin
$59.1M +$1.54M +75,560 +3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$57.1M +$3.41M +167,200 +7%
Goldman Sachs
7
Goldman Sachs
New York
$54.3M -$6.43M -315,117 -12%
First Manhattan
8
First Manhattan
New York
$53.5M -$1.97M -96,455 -4%
Pzena Investment Management
9
Pzena Investment Management
New York
$47.2M +$12.9M +631,829 +46%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$34M +$1.56M +76,506 +6%
BFA
11
BlackRock Fund Advisors
California
$32.5M +$4.73M +231,906 +20%
BIT
12
BlackRock Institutional Trust
California
$27.7M +$702K +34,410 +3%
SAM
13
Skyline Asset Management
Illinois
$26.8M +$1.52M +74,500 +7%
State Street
14
State Street
Massachusetts
$19.9M +$946K +46,374 +6%
BCA
15
Bernzott Capital Advisors
California
$18.8M +$807K +39,525 +5%
HA
16
Heartland Advisors
Wisconsin
$16.8M +$7.68M +376,140 +111%
Lazard Asset Management
17
Lazard Asset Management
New York
$13.9M +$3.29M +161,207 +38%
USAA
18
United Services Automobile Association
Texas
$13.2M -$359K -17,585 -3%
Northern Trust
19
Northern Trust
Illinois
$12.7M -$2.69M -131,994 -20%
CRM
20
Cramer Rosenthal McGlynn
Connecticut
$12.1M +$10.5M +512,920 New
CCMLC
21
Cardinal Capital Management LLC (Connecticut)
Connecticut
$11.1M -$7.82M -383,048 -45%
LCP
22
Lombardia Capital Partners
California
$10.6M -$7.53M -368,874 -45%
Norges Bank
23
Norges Bank
Norway
$10.3M +$2.54M +124,608 +40%
Diamond Hill Capital Management
24
Diamond Hill Capital Management
Ohio
$10.1M -$292K -14,332 -3%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$9.71M +$752K +36,833 +10%

TRS Hedge Fund Activity: Q4 2016 in Review

137 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in TriMas Corp (TRS) for Q4 2016, worth a combined $1.07B — up 25% from $858M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new TRS positions and 16 closed out — a net gain of 7 holders — while 41 added to existing stakes and 54 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $12.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.8M.

  • 137 institutional investors held TriMas Corp (TRS) as of Q4 2016, up from 131 in Q3 2016.
  • Funds reported $1.07B of TriMas Corp stock for Q4 2016, up 25% quarter-over-quarter.
  • 23 funds opened new TriMas Corp positions in Q4 2016 and 16 closed out, a net change of +7 holders.
  • The largest TriMas Corp buyer in Q4 2016 was Pzena Investment Management, an estimated $12.9M added.
  • The largest TriMas Corp seller in Q4 2016 was T. Rowe Price Associates, an estimated $35.8M sold.

Based on aggregated 13F filings for Q4 2016.