Ternium
87 hedge funds and large institutions have $1.14B invested in Ternium in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
20% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $912K
13% more funds holding
Funds holding: 77 → 87 (+10)
0.37% less ownership
Funds ownership: 20.09% → 19.72% (-0.37%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
7% less capital invested
Capital invested by funds: $1.23B → $1.14B (-$89M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
INCA Investments
Miami,
Florida
|
+$27.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$24.8M |
| 3 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$7.62M |
| 4 |
Morgan Stanley
New York
|
+$5.54M |
| 5 |
AG
Ashmore Group
London,
United Kingdom
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$21.2M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$18.8M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$15.1M |
| 4 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$12.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.27M |
TX Hedge Fund Activity: Q1 2014 in Review
87 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q1 2014, worth a combined $1.14B — down 7.2% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TX positions and 9 closed out — a net gain of 11 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was INCA Investments, adding an estimated $27.7M. The largest seller was AllianceBernstein, cutting an estimated $21.2M.
- 87 institutional investors held Ternium (TX) as of Q1 2014, up from 77 in Q4 2013.
- Funds reported $1.14B of Ternium stock for Q1 2014, down 7.2% quarter-over-quarter.
- 20 funds opened new Ternium positions in Q1 2014 and 9 closed out, a net change of +11 holders.
- The largest Ternium buyer in Q1 2014 was INCA Investments, an estimated $27.7M added.
- The largest Ternium seller in Q1 2014 was AllianceBernstein, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2014.