Trane Technologies
834 hedge funds and large institutions have $23.9B invested in Trane Technologies in 2019 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 280 increasing their positions, 310 reducing their positions, and 71 closing their positions.
0.2% more ownership
Funds ownership: 80.3% → 80.5% (+0.2%)
1% less funds holding
Funds holding: 841 → 834 (-7)
8% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 71
10% less repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 310
6% less capital invested
Capital invested by funds: $25.5B → $23.9B (-$1.59B)
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: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$226M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$114M |
| 3 |
BlackRock
New York
|
+$109M |
| 4 |
State Street
Boston,
Massachusetts
|
+$84M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$59.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$96M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$81.5M |
| 3 |
Goldman Sachs
New York
|
-$74.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$68.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$64.9M |
TT Hedge Fund Activity: Q3 2019 in Review
834 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Trane Technologies (TT) for Q3 2019, worth a combined $23.9B — down 6.2% from $25.5B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of TT and 65 opened new positions — a net loss of 6 holders — while 310 trimmed existing stakes and 280 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.
- 834 institutional investors held Trane Technologies (TT) as of Q3 2019, down from 841 in Q2 2019.
- Funds reported $23.9B of Trane Technologies stock for Q3 2019, down 6.2% quarter-over-quarter.
- 65 funds opened new Trane Technologies positions in Q3 2019 and 71 closed out, a net change of -6 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.