Ternium
99 hedge funds and large institutions have $669M invested in Ternium in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
55% more capital invested
Capital invested by funds: $432M → $669M (+$237M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more call options, than puts
Call options by funds: $2.2M | Put options by funds: $1.93M
9% more funds holding
Funds holding: 91 → 99 (+8)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0.06% more ownership
Funds ownership: 1.8% → 1.87% (+0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
+$14.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.6M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.22M |
| 5 |
BCM
Bienville Capital Management
New York
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$18.1M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$6.2M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$5.26M |
| 4 |
NONA
Ninety One North America
New York
|
-$2.7M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$2.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
101
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$2.1M | -168,877 | Closed |
|
102
Goldman Sachs
New York
| – | -$735K | -59,096 | Closed |
|
|
PG
103
PEAK6 Group
Chicago,
Illinois
| – | -$636K | -45,563 | Closed |
|
|
DTL
104
Dynamic Technology Lab
Singapore
| – | -$425K | -34,175 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$346K | -24,806 | Closed |
|
|
AG
106
Aperio Group
Sausalito,
California
| – | -$199K | -15,998 | Closed |
|
|
VKH
107
Virtu KCG Holdings
New York
| – | -$134K | -10,747 | Closed |
|
|
AFP
108
Ausdal Financial Partners
Davenport,
Iowa
| – | -$38K | -3,036 | Closed |
|
109
Creative Planning
Overland Park,
Kansas
| – | -$5K | -400 | Closed |
|
110
Citigroup
New York
| – | -$516 | -37 | -65% |
|
|
FHA
111
First Horizon Advisors
Memphis,
Tennessee
| – | +$223 | +16 | New |
|
TX Hedge Fund Activity: Q1 2016 in Review
99 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q1 2016, worth a combined $669M — up 55% from $432M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TX positions and 11 closed out — a net gain of 8 holders — while 33 added to existing stakes and 32 trimmed.
The largest buyer was Westwood Global Investments, opening a new position worth an estimated $14.9M. The largest seller was Brevan Howard Capital Management, exiting entirely with an estimated $18.1M sold.
- 99 institutional investors held Ternium (TX) as of Q1 2016, up from 91 in Q4 2015.
- Funds reported $669M of Ternium stock for Q1 2016, up 55% quarter-over-quarter.
- 19 funds opened new Ternium positions in Q1 2016 and 11 closed out, a net change of +8 holders.
- The largest Ternium buyer in Q1 2016 was Westwood Global Investments, an estimated $14.9M added.
- The largest Ternium seller in Q1 2016 was Brevan Howard Capital Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2016.