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Trane Technologies

833 hedge funds and large institutions have $23.8B invested in Trane Technologies in 2019 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 279 increasing their positions, 311 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.14% more ownership

Funds ownership: 80.36%80.5% (+0.14%)

1% less funds holding

Funds holding: 842833 (-9)

6% less capital invested

Capital invested by funds: $25.3B → $23.8B (-$1.58B)

10% less repeat investments, than reductions

Existing positions increased: 279 | Existing positions reduced: 311

11% less first-time investments, than exits

New positions opened: 64 | Existing positions closed: 72

33% less call options, than puts

Call options by funds: $81.4M | Put options by funds: $122M

60% less funds holding in top 10

Funds holding in top 10: 104 (-6)

Holders
833
Holders Change
-9
Holders Change %
-1.07%
% of All Funds
18.27%
Holding in Top 10
4
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-60%
% of All Funds
0.09%
New
64
Increased
279
Reduced
311
Closed
72
Calls
$81.4M
Puts
$122M
Net Calls
-$40.7M
Net Calls Change
+$47.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.21B +$11M +89,874 +0.5%
BlackRock
2
BlackRock
New York
$2.18B +$109M +891,760 +5%
State Street
3
State Street
Massachusetts
$1.34B +$84M +688,390 +7%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$844M -$64.9M -531,776 -7%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$758M +$26.3M +215,691 +4%
Ameriprise
6
Ameriprise
Minnesota
$746M -$23.3M -190,587 -3%
N
7
Nuveen
North Carolina
$627M -$81.5M -667,652 -12%
JP Morgan Chase
8
JP Morgan Chase
New York
$610M +$41.6M +340,498 +7%
Invesco
9
Invesco
Georgia
$572M +$14.9M +121,926 +3%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$551M +$226M +1,850,758 +71%
Bank of America
11
Bank of America
North Carolina
$524M -$11.8M -96,707 -2%
Norges Bank
12
Norges Bank
Norway
$503M -$504K -4,134 -0.1%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$485M -$16.3M -133,348 -3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$450M +$13.2M +107,899 +3%
UBS AM
15
UBS AM
Illinois
$402M +$51M +417,702 +15%
Northern Trust
16
Northern Trust
Illinois
$354M +$2.21M +18,117 +0.6%
GIM
17
Generation Investment Management
United Kingdom
$351M +$148K +1,210 +0%
Victory Capital Management
18
Victory Capital Management
Texas
$337M +$114M +933,668 +52%
VOYA Investment Management
19
VOYA Investment Management
Georgia
$332M -$31M -253,988 -9%
Citadel Advisors
20
Citadel Advisors
Florida
$303M +$22.8M +187,078 +8%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$273M -$12.2M -99,693 -4%
AAMU
22
Amundi Asset Management US
Massachusetts
$233M -$11.5M -94,421 -5%
Legal & General Group
23
Legal & General Group
United Kingdom
$222M -$3.69M -30,208 -2%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$200M -$16.5M -135,003 -8%
Goldman Sachs
25
Goldman Sachs
New York
$191M -$74.1M -607,600 -28%

TT Hedge Fund Activity: Q3 2019 in Review

833 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q3 2019, worth a combined $23.8B — down 6.2% from $25.3B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of TT and 64 opened new positions — a net loss of 8 holders — while 311 trimmed existing stakes and 279 added.

The largest buyer was Wellington Management Group, adding an estimated $226M. The largest seller was Suvretta Capital Management, exiting entirely with an estimated $96M sold.

  • 833 institutional investors held Trane Technologies (TT) as of Q3 2019, down from 842 in Q2 2019.
  • Funds reported $23.8B of Trane Technologies stock for Q3 2019, down 6.2% quarter-over-quarter.
  • 64 funds opened new Trane Technologies positions in Q3 2019 and 72 closed out, a net change of -8 holders.
  • The largest Trane Technologies buyer in Q3 2019 was Wellington Management Group, an estimated $226M added.
  • The largest Trane Technologies seller in Q3 2019 was Suvretta Capital Management, an estimated $96M sold.

Based on aggregated 13F filings for Q3 2019.