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Texas Roadhouse

299 hedge funds and large institutions have $3.4B invested in Texas Roadhouse in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 108 increasing their positions, 110 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $19.2M | Put options by funds: $9.37M

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

2% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 110

1.71% less ownership

Funds ownership: 90%88.29% (-1.7%)

12% less funds holding

Funds holding: 341299 (-42)

15% less capital invested

Capital invested by funds: $4.01B → $3.4B (-$608M)

53% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 70

Holders
299
Holders Change
-42
Holders Change %
-12.32%
% of All Funds
6.49%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
33
Increased
108
Reduced
110
Closed
70
Calls
$19.2M
Puts
$9.37M
Net Calls
+$9.84M
Net Calls Change
+$10.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$459M +$17.3M +308,212 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$337M +$31.8K +566 +0%
Capital Research Global Investors
3
Capital Research Global Investors
California
$204M -$27.1M -481,862 -11%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$120M -$2.52M -44,880 -2%
State Street
5
State Street
Massachusetts
$119M +$2.66M +47,260 +2%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$112M -$3.13M -55,671 -3%
Ameriprise
7
Ameriprise
Minnesota
$90.7M -$14.1M -250,553 -13%
Invesco
8
Invesco
Georgia
$88.7M +$26.7M +474,621 +40%
Northern Trust
9
Northern Trust
Illinois
$70.3M +$532K +9,465 +0.7%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$64.3M +$1.74M +30,932 +3%
Marshall Wace
11
Marshall Wace
United Kingdom
$63.5M +$31.8M +564,897 +91%
Nordea Investment Management
12
Nordea Investment Management
Sweden
$60M -$1.83M -32,550 -3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$57.3M +$301K +5,356 +0.5%
GKIM
14
GW&K Investment Management
Massachusetts
$56.4M -$1.16M -20,566 -2%
Barclays
15
Barclays
United Kingdom
$55.5M +$7.28M +129,510 +14%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$53M +$901K +16,029 +2%
JP Morgan Chase
17
JP Morgan Chase
New York
$52.1M +$4.16M +74,010 +8%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$49.7M +$1.08M +19,168 +2%
Victory Capital Management
19
Victory Capital Management
Texas
$47.7M +$50M +888,375 New
Norges Bank
20
Norges Bank
Norway
$41.1M
AAM
21
Ardevora Asset Management
United Kingdom
$40.6M +$11.8M +210,500 +39%
N
22
Nuveen
North Carolina
$38.3M +$40.1M +713,569 New
Charles Schwab
23
Charles Schwab
California
$36.8M +$809K +14,391 +2%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$36.4M -$19.7M -349,553 -34%
Macquarie Group
25
Macquarie Group
Australia
$35.7M +$8.5M +151,228 +29%

TXRH Hedge Fund Activity: Q2 2019 in Review

299 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Texas Roadhouse (TXRH) for Q2 2019, worth a combined $3.4B — down 15% from $4.01B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of TXRH and 33 opened new positions — a net loss of 37 holders — while 110 trimmed existing stakes and 108 added.

The largest buyer was Victory Capital Management, opening a new position worth an estimated $50M. The largest seller was Congress Asset Management, cutting an estimated $82.3M.

  • 299 institutional investors held Texas Roadhouse (TXRH) as of Q2 2019, down from 341 in Q1 2019.
  • Funds reported $3.4B of Texas Roadhouse stock for Q2 2019, down 15% quarter-over-quarter.
  • 33 funds opened new Texas Roadhouse positions in Q2 2019 and 70 closed out, a net change of -37 holders.
  • The largest Texas Roadhouse buyer in Q2 2019 was Victory Capital Management, an estimated $50M added.
  • The largest Texas Roadhouse seller in Q2 2019 was Congress Asset Management, an estimated $82.3M sold.

Based on aggregated 13F filings for Q2 2019.