Ternium
87 hedge funds and large institutions have $636M invested in Ternium in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 13 closing their positions.
154% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $915K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
4% more funds holding
Funds holding: 84 → 87 (+3)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
1.33% less ownership
Funds ownership: 19.73% → 18.4% (-1.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less capital invested
Capital invested by funds: $931M → $636M (-$295M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$68.5M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
+$7.2M |
| 3 |
OP
Oldfield Partners
London,
United Kingdom
|
+$6.75M |
| 4 |
Two Sigma Investments
New York
|
+$5.9M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$120M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.4M |
| 3 |
Morgan Stanley
New York
|
-$6.3M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$5.75M |
| 5 |
AG
Ashmore Group
London,
United Kingdom
|
-$5.25M |
TX Hedge Fund Activity: Q4 2014 in Review
87 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q4 2014, worth a combined $636M — down 32% from $931M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TX positions and 13 closed out — a net gain of 6 holders — while 27 added to existing stakes and 29 trimmed.
The largest buyer was Brandes Investment Partners, adding an estimated $68.5M. The largest seller was Dupont Capital Management, cutting an estimated $120M.
- 87 institutional investors held Ternium (TX) as of Q4 2014, up from 84 in Q3 2014.
- Funds reported $636M of Ternium stock for Q4 2014, down 32% quarter-over-quarter.
- 19 funds opened new Ternium positions in Q4 2014 and 13 closed out, a net change of +6 holders.
- The largest Ternium buyer in Q4 2014 was Brandes Investment Partners, an estimated $68.5M added.
- The largest Ternium seller in Q4 2014 was Dupont Capital Management, an estimated $120M sold.
Based on aggregated 13F filings for Q4 2014.