TriMas Corp
129 hedge funds and large institutions have $997M invested in TriMas Corp in 2020 Q1 according to their latest regulatory filings, with 10 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)
0.73% less ownership
Funds ownership: 98.08% → 97.35% (-0.73%)
11% less funds holding
Funds holding: 145 → 129 (-16)
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
28% less capital invested
Capital invested by funds: $1.39B → $997M (-$390M)
39% less call options, than puts
Call options by funds: $171K | Put options by funds: $282K
60% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$12.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$10.5M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.36M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.11M |
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 |
TRS Hedge Fund Activity: Q1 2020 in Review
129 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in TriMas Corp (TRS) for Q1 2020, worth a combined $997M — down 28% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TRS and 10 opened new positions — a net loss of 15 holders — while 55 trimmed existing stakes and 45 added.
The largest buyer was Champlain Investment Partners, adding an estimated $12.9M. The largest seller was Goldman Sachs, cutting an estimated $19.1M.
- 129 institutional investors held TriMas Corp (TRS) as of Q1 2020, down from 145 in Q4 2019.
- Funds reported $997M of TriMas Corp stock for Q1 2020, down 28% quarter-over-quarter.
- 10 funds opened new TriMas Corp positions in Q1 2020 and 25 closed out, a net change of -15 holders.
- The largest TriMas Corp buyer in Q1 2020 was Champlain Investment Partners, an estimated $12.9M 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.