Trane Technologies
595 hedge funds and large institutions have $13.9B invested in Trane Technologies in 2016 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 202 increasing their positions, 202 reducing their positions, and 49 closing their positions.
29% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 49
9% more capital invested
Capital invested by funds: $12.8B → $13.9B (+$1.1B)
2% more funds holding
Funds holding: 585 → 595 (+10)
1.53% more ownership
Funds ownership: 77.88% → 79.41% (+1.5%)
0% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 202
5% less call options, than puts
Call options by funds: $32.2M | Put options by funds: $33.9M
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$229M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$130M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$102M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.7M |
| 5 |
JP Morgan Chase
New York
|
+$79.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GE
General Electric
Evendale,
Ohio
|
-$208M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$91.4M |
| 3 |
Bank of New York Mellon
New York
|
-$76.3M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$69.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$67.8M |
TT Hedge Fund Activity: Q3 2016 in Review
595 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q3 2016, worth a combined $13.9B — up 8.6% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new TT positions and 49 closed out — a net gain of 14 holders — while 202 added to existing stakes and 202 trimmed.
The largest buyer was State Street, adding an estimated $229M. The largest seller was General Electric, exiting entirely with an estimated $208M sold.
- 595 institutional investors held Trane Technologies (TT) as of Q3 2016, up from 585 in Q2 2016.
- Funds reported $13.9B of Trane Technologies stock for Q3 2016, up 8.6% quarter-over-quarter.
- 63 funds opened new Trane Technologies positions in Q3 2016 and 49 closed out, a net change of +14 holders.
- The largest Trane Technologies buyer in Q3 2016 was State Street, an estimated $229M added.
- The largest Trane Technologies seller in Q3 2016 was General Electric, an estimated $208M sold.
Based on aggregated 13F filings for Q3 2016.