Ternium
142 hedge funds and large institutions have $945M invested in Ternium in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 42 increasing their positions, 51 reducing their positions, and 31 closing their positions.
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
2% more funds holding
Funds holding: 139 → 142 (+3)
0.02% more ownership
Funds ownership: 1.91% → 1.93% (+0.02%)
14% less call options, than puts
Call options by funds: $2.49M | Put options by funds: $2.89M
18% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 51
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
82% less capital invested
Capital invested by funds: $5.21B → $945M (-$4.27B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$225M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.61M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.13M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$4.08B |
| 2 |
TI
TT International
London,
United Kingdom
|
-$54.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.7M |
| 4 |
CG
Compass Group
New York
|
-$34.5M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$18.4M |
TX Hedge Fund Activity: Q4 2018 in Review
142 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Ternium (TX) for Q4 2018, worth a combined $945M — down 82% from $5.21B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TX positions and 31 closed out — a net gain of 4 holders — while 42 added to existing stakes and 51 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $225M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $4.08B sold.
- 142 institutional investors held Ternium (TX) as of Q4 2018, up from 139 in Q3 2018.
- Funds reported $945M of Ternium stock for Q4 2018, down 82% quarter-over-quarter.
- 35 funds opened new Ternium positions in Q4 2018 and 31 closed out, a net change of +4 holders.
- The largest Ternium buyer in Q4 2018 was Lazard Asset Management, an estimated $225M added.
- The largest Ternium seller in Q4 2018 was SPX Gestao de Recursos, an estimated $4.08B sold.
Based on aggregated 13F filings for Q4 2018.