Trane Technologies
547 hedge funds and large institutions have $13.7B invested in Trane Technologies in 2014 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 150 increasing their positions, 219 reducing their positions, and 36 closing their positions.
86% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 36
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
13% more capital invested
Capital invested by funds: $12.1B → $13.7B (+$1.57B)
5% more funds holding
Funds holding: 523 → 547 (+24)
1% more ownership
Funds ownership: 80.36% → 81.36% (+1%)
32% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 219
60% less call options, than puts
Call options by funds: $30.6M | Put options by funds: $76.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$120M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$73.3M |
| 4 |
PC
PointState Capital
New York
|
+$70.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$126M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$92M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$77.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$61.5M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$56.7M |
TT Hedge Fund Activity: Q4 2014 in Review
547 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q4 2014, worth a combined $13.7B — up 13% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new TT positions and 36 closed out — a net gain of 31 holders — while 150 added to existing stakes and 219 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $120M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $126M sold.
- 547 institutional investors held Trane Technologies (TT) as of Q4 2014, up from 523 in Q3 2014.
- Funds reported $13.7B of Trane Technologies stock for Q4 2014, up 13% quarter-over-quarter.
- 67 funds opened new Trane Technologies positions in Q4 2014 and 36 closed out, a net change of +31 holders.
- The largest Trane Technologies buyer in Q4 2014 was Viking Global Investors, an estimated $120M added.
- The largest Trane Technologies seller in Q4 2014 was Westfield Capital Management, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2014.