Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TREX INC (TREX)

424 + Investors. Track Smart Money conviction in TREX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -26
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — TREX

Based on 407 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TREX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 82% of 3.0Y peak

82% of all-time peak
407 funds currently hold this stock — 82% of the 3.0-year high of 497 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
29 fewer hedge funds hold TREX compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

228 buying282 selling
Last quarter: 282 funds reduced or exited vs 228 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+30 vs last Q)

new funds entering per quarter
Funds opening a new TREX position: 63 → 70 → 69 → 99. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 13% medium ■ 19% new
274 out of 407 hedge funds have held TREX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -19%, value -35%

Value
-35%
Shares
-19%
Last quarter: funds added -19% more shares while total portfolio value only changed -35%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

57 → 63 → 70 → 69 → 99 new funds/Q
New funds entering each quarter: 63 → 70 → 69 → 99. A growing number of institutions are discovering TREX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 6% 1-2yr ■ 20% new
Of 424 current holders: 315 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
42 of 407 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in TREX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TREX

In 2025 Q4, 228 hedge funds were net buyers of TREX (99 opened a new position, 129 added to an existing one), while 282 reduced or exited (157 trimmed, 125 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 49% of total institutional value in TREX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -26 funds (more exits than new entries). Total institutional holders: 407.

Hedge Fund Ownership: TREX

How many hedge funds hold TREX — quarterly history vs. share price
Quarterly hedge fund ownership of TREX vs. share price

Market Analysis: TREX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TREX

Industrials Building Products & Equipment

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

63 top-rated funds 0 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: TREX
2026 Q1 Stats Unlock in 6 days 424 + Investors

Track Smart Money conviction in TREX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 424 446 -4.93%
13F Shares 104M 129M -19.12%
Total Value $3.66B $5.66B -35.28%
New Positions 101 69 +32
Increased Positions 153 160 -7
Closed Positions 127 62 +65
Reduced Positions 169 183 -14
Total Calls 8 7 14.29%
Total Puts 10 7 42.86%
PUT/CALL Ratio 1.25 1.0 Bearish

Statistics: TREX

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

424 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TREX. Verified SEC 13F-HR filings.

Top 25 institutional holders of TREX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Heron Bay Capital Management 1.56% 465,865 $17.0M
2 WASATCH ADVISORS LP 0.86% 3,536,750 $128.8M
3 BENNETT SELBY INVESTMENTS LP 0.78% 61,224 $2.2M
4 Laurus Global Equity Management Inc. 0.75% 20,980 $764K
5 MOUNT VERNON ASSOCIATES INC /MD/ 0.73% 28,550 $1K
6 Red Spruce Capital, LLC 0.72% 48,309 $1.8M
7 Green Alpha Advisors, LLC 0.65% 18,118 $660K
8 GENEVA CAPITAL MANAGEMENT LLC 0.58% 749,658 $27.3M
9 Impax Asset Management Group plc 0.45% 1,766,368 $64.3M
10 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.40% 208,136 $7.6M
11 Martin Capital Advisors, LLP 0.38% 16,611 $605K
12 Qsemble Capital Management, LP 0.31% 112,221 $4.1M
13 Alchemi Wealth, LLC 0.31% 15,400 $561K
14 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.22% 390,641 $14.2M
15 ROYCE & ASSOCIATES LP 0.19% 525,856 $19.2M
16 Millstone Evans Group, LLC 0.16% 7,500 $273K
17 iSAM Funds (UK) Ltd 0.16% 9,066 $330K
18 Harrington Investments, INC 0.16% 8,217 $299K
19 Curbstone Financial Management Corp 0.15% 21,170 $771K
20 FOX RUN MANAGEMENT, L.L.C. 0.14% 22,991 $814K
21 Sivia Capital Partners, LLC 0.14% 19,687 $717K
22 LECAP ASSET MANAGEMENT LTD 0.14% 9,987 $364K
23 FOURPATH CAPITAL MANAGEMENT, LLC 0.13% 25,558 $931K
24 CHAPMAN FINANCIAL GROUP, LLC 0.12% 4,495 $164K
25 Oak Thistle LLC 0.10% 28,982 $1.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — TREX INC (TREX)

What does the Smart Money Trend signal show for TREX?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TREX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TREX?

More sellers than buyers — 45% buying: Last quarter: 282 funds reduced or exited vs 228 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TREX holders?

Elite ownership — 49% AUM from top-100 funds: 42 of 407 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in TREX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TREX?

67% of holders stayed for 2+ years: 274 out of 407 hedge funds have held TREX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.