Ternium
101 hedge funds and large institutions have $848M invested in Ternium in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more capital invested
Capital invested by funds: $703M → $848M (+$145M)
5% more funds holding
Funds holding: 96 → 101 (+5)
0.09% more ownership
Funds ownership: 1.88% → 1.97% (+0.09%)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
81% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $6.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$117M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$16.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.9M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$11.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$107M |
| 2 |
Lazard Asset Management
New York
|
-$23.9M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$9.24M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$7.8M |
| 5 |
BlackRock
New York
|
-$5.76M |
TX Hedge Fund Activity: Q4 2019 in Review
101 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q4 2019, worth a combined $848M — up 21% from $703M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TX positions and 15 closed out — a net gain of 6 holders — while 31 added to existing stakes and 34 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $117M. The largest seller was Acadian Asset Management, cutting an estimated $107M.
- 101 institutional investors held Ternium (TX) as of Q4 2019, up from 96 in Q3 2019.
- Funds reported $848M of Ternium stock for Q4 2019, up 21% quarter-over-quarter.
- 21 funds opened new Ternium positions in Q4 2019 and 15 closed out, a net change of +6 holders.
- The largest Ternium buyer in Q4 2019 was Schroder Investment Management Group, an estimated $117M added.
- The largest Ternium seller in Q4 2019 was Acadian Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2019.