Trane Technologies
1,004 hedge funds and large institutions have $35.3B invested in Trane Technologies in 2023 Q1 according to their latest regulatory filings, with 110 funds opening new positions, 337 increasing their positions, 358 reducing their positions, and 55 closing their positions.
100% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 55
42% more call options, than puts
Call options by funds: $42.5M | Put options by funds: $29.9M
42% more funds holding in top 10
Funds holding in top 10: 12 → 17 (+5)
9% more capital invested
Capital invested by funds: $32.4B → $35.3B (+$2.96B)
4% more funds holding
Funds holding: 967 → 1,004 (+37)
1.9% more ownership
Funds ownership: 81.59% → 83.49% (+1.9%)
6% less repeat investments, than reductions
Existing positions increased: 337 | Existing positions reduced: 358
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$722M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$434M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$235M |
| 4 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$233M |
| 5 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$246M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$208M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$200M |
| 4 |
Man Group
London,
United Kingdom
|
-$186M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$175M |
TT Hedge Fund Activity: Q1 2023 in Review
1,004 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q1 2023, worth a combined $35.3B — up 9.1% from $32.4B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new TT positions and 55 closed out — a net gain of 55 holders — while 337 added to existing stakes and 358 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $722M. The largest seller was Massachusetts Financial Services, cutting an estimated $246M.
- 1,004 institutional investors held Trane Technologies (TT) as of Q1 2023, up from 967 in Q4 2022.
- Funds reported $35.3B of Trane Technologies stock for Q1 2023, up 9.1% quarter-over-quarter.
- 110 funds opened new Trane Technologies positions in Q1 2023 and 55 closed out, a net change of +55 holders.
- The largest Trane Technologies buyer in Q1 2023 was Fidelity Investments, an estimated $722M added.
- The largest Trane Technologies seller in Q1 2023 was Massachusetts Financial Services, an estimated $246M sold.
Based on aggregated 13F filings for Q1 2023.