Trane Technologies
507 hedge funds and large institutions have $15.1B invested in Trane Technologies in 2013 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 143 increasing their positions, 214 reducing their positions, and 41 closing their positions.
45% more funds holding in top 10
Funds holding in top 10: 11 → 16 (+5)
29% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 41
19% more call options, than puts
Call options by funds: $92.1M | Put options by funds: $77.3M
16% more capital invested
Capital invested by funds: $13B → $15.1B (+$2.14B)
1.97% more ownership
Funds ownership: 98.18% → 100.14% (+2%)
1% more funds holding
Funds holding: 500 → 507 (+7)
33% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 214
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$129M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$88.8M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$74.5M |
| 4 |
O
OppenheimerFunds
New York
|
+$57.1M |
| 5 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$80M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$69.6M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$59.4M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$49.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$46.4M |
TT Hedge Fund Activity: Q3 2013 in Review
507 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q3 2013, worth a combined $15.1B — up 16% from $13B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new TT positions and 41 closed out — a net gain of 12 holders — while 143 added to existing stakes and 214 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $129M. The largest seller was Westchester Capital Management (New York), cutting an estimated $80M.
- 507 institutional investors held Trane Technologies (TT) as of Q3 2013, up from 500 in Q2 2013.
- Funds reported $15.1B of Trane Technologies stock for Q3 2013, up 16% quarter-over-quarter.
- 53 funds opened new Trane Technologies positions in Q3 2013 and 41 closed out, a net change of +12 holders.
- The largest Trane Technologies buyer in Q3 2013 was Adage Capital Partners, an estimated $129M added.
- The largest Trane Technologies seller in Q3 2013 was Westchester Capital Management (New York), an estimated $80M sold.
Based on aggregated 13F filings for Q3 2013.