Trane Technologies
1,189 hedge funds and large institutions have $47.1B invested in Trane Technologies in 2023 Q4 according to their latest regulatory filings, with 202 funds opening new positions, 372 increasing their positions, 398 reducing their positions, and 54 closing their positions.
480% more call options, than puts
Call options by funds: $444M | Put options by funds: $76.5M
274% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 54
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
22% more capital invested
Capital invested by funds: $38.6B → $47.1B (+$8.53B)
13% more funds holding
Funds holding: 1,051 → 1,189 (+138)
2.07% more ownership
Funds ownership: 82.77% → 84.84% (+2.1%)
7% less repeat investments, than reductions
Existing positions increased: 372 | Existing positions reduced: 398
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$686M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$394M |
| 3 |
Man Group
London,
United Kingdom
|
+$171M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$144M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$206M |
| 2 |
BlackRock
New York
|
-$196M |
| 3 |
Millennium Management
New York
|
-$160M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$119M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$112M |
TT Hedge Fund Activity: Q4 2023 in Review
1,189 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q4 2023, worth a combined $47.1B — up 22% from $38.6B a quarter earlier.
Buyers outnumbered sellers: 202 funds opened new TT positions and 54 closed out — a net gain of 148 holders — while 372 added to existing stakes and 398 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $686M. The largest seller was Generation Investment Management, cutting an estimated $206M.
- 1,189 institutional investors held Trane Technologies (TT) as of Q4 2023, up from 1,051 in Q3 2023.
- Funds reported $47.1B of Trane Technologies stock for Q4 2023, up 22% quarter-over-quarter.
- 202 funds opened new Trane Technologies positions in Q4 2023 and 54 closed out, a net change of +148 holders.
- The largest Trane Technologies buyer in Q4 2023 was Morgan Stanley, an estimated $686M added.
- The largest Trane Technologies seller in Q4 2023 was Generation Investment Management, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2023.