Trane Technologies
517 hedge funds and large institutions have $14.2B invested in Trane Technologies in 2013 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 56 increasing their positions, 385 reducing their positions, and 58 closing their positions.
31% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 58
2% more funds holding
Funds holding: 506 → 517 (+11)
6% less capital invested
Capital invested by funds: $15.1B → $14.2B (-$913M)
12% less call options, than puts
Call options by funds: $68.3M | Put options by funds: $77.7M
20.06% less ownership
Funds ownership: 100.1% → 80.04% (-20%)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
85% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 385
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$146M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$92.7M |
| 3 |
SIG
Senator Investment Group
New York
|
+$60.6M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$39.8M |
| 5 |
Goldman Sachs
New York
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$343M |
| 2 |
TFM
Trian Fund Management
New York
|
-$230M |
| 3 |
RI
Relational Investors
San Diego,
California
|
-$198M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$174M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$158M |
TT Hedge Fund Activity: Q4 2013 in Review
517 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q4 2013, worth a combined $14.2B — down 6% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new TT positions and 58 closed out — a net gain of 18 holders — while 56 added to existing stakes and 385 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $146M. The largest seller was Fidelity Investments, cutting an estimated $343M.
- 517 institutional investors held Trane Technologies (TT) as of Q4 2013, up from 506 in Q3 2013.
- Funds reported $14.2B of Trane Technologies stock for Q4 2013, down 6% quarter-over-quarter.
- 76 funds opened new Trane Technologies positions in Q4 2013 and 58 closed out, a net change of +18 holders.
- The largest Trane Technologies buyer in Q4 2013 was Sculptor Capital, an estimated $146M added.
- The largest Trane Technologies seller in Q4 2013 was Fidelity Investments, an estimated $343M sold.
Based on aggregated 13F filings for Q4 2013.