Trane Technologies
532 hedge funds and large institutions have $12.4B invested in Trane Technologies in 2014 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 148 increasing their positions, 214 reducing their positions, and 51 closing their positions.
93% more call options, than puts
Call options by funds: $78.2M | Put options by funds: $40.5M
41% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 51
3% more funds holding
Funds holding: 519 → 532 (+13)
2.24% less ownership
Funds ownership: 80.07% → 77.84% (-2.2%)
13% less capital invested
Capital invested by funds: $14.2B → $12.4B (-$1.82B)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
31% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 214
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Relational Investors
San Diego,
California
|
+$152M |
| 2 |
Two Sigma Investments
New York
|
+$99.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$95.9M |
| 4 |
SC
Sculptor Capital
New York
|
+$49.6M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$234M |
| 2 |
JP Morgan Chase
New York
|
-$92.1M |
| 3 |
HCM
Highline Capital Management
New York
|
-$90.2M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$89.4M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$76.2M |
TT Hedge Fund Activity: Q1 2014 in Review
532 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q1 2014, worth a combined $12.4B — down 13% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new TT positions and 51 closed out — a net gain of 21 holders — while 148 added to existing stakes and 214 trimmed.
The largest buyer was Relational Investors, adding an estimated $152M. The largest seller was Fidelity Investments, cutting an estimated $234M.
- 532 institutional investors held Trane Technologies (TT) as of Q1 2014, up from 519 in Q4 2013.
- Funds reported $12.4B of Trane Technologies stock for Q1 2014, down 13% quarter-over-quarter.
- 72 funds opened new Trane Technologies positions in Q1 2014 and 51 closed out, a net change of +21 holders.
- The largest Trane Technologies buyer in Q1 2014 was Relational Investors, an estimated $152M added.
- The largest Trane Technologies seller in Q1 2014 was Fidelity Investments, an estimated $234M sold.
Based on aggregated 13F filings for Q1 2014.