Trane Technologies
764 hedge funds and large institutions have $16.3B invested in Trane Technologies in 2020 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 228 increasing their positions, 328 reducing their positions, and 209 closing their positions.
25% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $13.5M
0.38% more ownership
Funds ownership: 82.16% → 82.53% (+0.38%)
16% less funds holding
Funds holding: 914 → 764 (-150)
30% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 328
37% less capital invested
Capital invested by funds: $26B → $16.3B (-$9.73B)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
66% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 209
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$878M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$160M |
| 3 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$157M |
| 4 |
JP Morgan Chase
New York
|
+$142M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
-$221M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$126M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$104M |
| 4 |
GCM
Gates Capital Management
New York
|
-$74.9M |
| 5 |
Jane Street
New York
|
-$71.6M |
TT Hedge Fund Activity: Q1 2020 in Review
764 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q1 2020, worth a combined $16.3B — down 37% from $26B a quarter earlier.
Sellers outnumbered buyers: 209 funds closed out of TT and 71 opened new positions — a net loss of 138 holders — while 328 trimmed existing stakes and 228 added.
The largest buyer was Wellington Management Group, adding an estimated $878M. The largest seller was Legal & General Group, cutting an estimated $221M.
- 764 institutional investors held Trane Technologies (TT) as of Q1 2020, down from 914 in Q4 2019.
- Funds reported $16.3B of Trane Technologies stock for Q1 2020, down 37% quarter-over-quarter.
- 71 funds opened new Trane Technologies positions in Q1 2020 and 209 closed out, a net change of -138 holders.
- The largest Trane Technologies buyer in Q1 2020 was Wellington Management Group, an estimated $878M added.
- The largest Trane Technologies seller in Q1 2020 was Legal & General Group, an estimated $221M sold.
Based on aggregated 13F filings for Q1 2020.