Ternium
83 hedge funds and large institutions have $641M invested in Ternium in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 16 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
0.05% less ownership
Funds ownership: 1.9% → 1.85% (-0.05%)
7% less funds holding
Funds holding: 89 → 83 (-6)
7% less capital invested
Capital invested by funds: $689M → $641M (-$47.5M)
21% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $1.54M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$26M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$11.4M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$8.29M |
| 4 |
Millennium Management
New York
|
+$7.42M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$6.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$32.1M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$22.1M |
| 3 |
II
INCA Investments
Miami,
Florida
|
-$7.26M |
| 4 |
AG
Ashmore Group
London,
United Kingdom
|
-$6.63M |
| 5 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$5.66M |
TX Hedge Fund Activity: Q2 2015 in Review
83 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q2 2015, worth a combined $641M — down 6.9% from $689M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TX and 11 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 31 added.
The largest buyer was Brandes Investment Partners, adding an estimated $26M. The largest seller was Dupont Capital Management, cutting an estimated $32.1M.
- 83 institutional investors held Ternium (TX) as of Q2 2015, down from 89 in Q1 2015.
- Funds reported $641M of Ternium stock for Q2 2015, down 6.9% quarter-over-quarter.
- 11 funds opened new Ternium positions in Q2 2015 and 16 closed out, a net change of -5 holders.
- The largest Ternium buyer in Q2 2015 was Brandes Investment Partners, an estimated $26M added.
- The largest Ternium seller in Q2 2015 was Dupont Capital Management, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2015.