Trane Technologies
584 hedge funds and large institutions have $12.8B invested in Trane Technologies in 2016 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 195 increasing their positions, 190 reducing their positions, and 38 closing their positions.
111% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 38
6% more funds holding
Funds holding: 549 → 584 (+35)
3% more capital invested
Capital invested by funds: $12.4B → $12.8B (+$348M)
3% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 190
0.88% less ownership
Funds ownership: 78.78% → 77.9% (-0.88%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
13% less call options, than puts
Call options by funds: $30.3M | Put options by funds: $34.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$81M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$76.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$71.9M |
| 4 |
Millennium Management
New York
|
+$56.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$222M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$138M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$64.7M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$62.5M |
| 5 |
Goldman Sachs
New York
|
-$48.7M |
TT Hedge Fund Activity: Q2 2016 in Review
584 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q2 2016, worth a combined $12.8B — up 2.8% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new TT positions and 38 closed out — a net gain of 42 holders — while 195 added to existing stakes and 190 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $81M. The largest seller was Adage Capital Partners, cutting an estimated $222M.
- 584 institutional investors held Trane Technologies (TT) as of Q2 2016, up from 549 in Q1 2016.
- Funds reported $12.8B of Trane Technologies stock for Q2 2016, up 2.8% quarter-over-quarter.
- 80 funds opened new Trane Technologies positions in Q2 2016 and 38 closed out, a net change of +42 holders.
- The largest Trane Technologies buyer in Q2 2016 was Massachusetts Financial Services, an estimated $81M added.
- The largest Trane Technologies seller in Q2 2016 was Adage Capital Partners, an estimated $222M sold.
Based on aggregated 13F filings for Q2 2016.