Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trex Inc (TREX)

466 + 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
↑ +47
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — TREX

Based on 472 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TREX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
472 funds currently hold this stock — 92% of the 3.0-year high of 513 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+26 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

252 buying212 selling
Last quarter: 252 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+37 vs last Q)

new funds entering per quarter
Funds opening a new TREX position: 76 → 101 → 71 → 108. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 18% medium ■ 25% new
269 out of 472 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.
💰

Value +41% but shares only +9% — price-driven

Value
+41%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +41%, but actual share count only changed +9%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~108 new funds/quarter

73 → 76 → 101 → 71 → 108 new funds/Q
New funds entering each quarter: 76 → 101 → 71 → 108. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 27% newcomers

■ 66% veterans ■ 8% 1-2yr ■ 27% new
Entry-cohort mix of 486 holders: 319 (66%) are 2+ year veterans, 37 entered 1–2 years ago, and 130 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 63% AUM from top-100 funds

63% from top-100 AUM funds
59 of 471 holders are among the 100 largest funds by AUM, controlling 63% 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.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 2026 Q2, 252 hedge funds were net buyers of TREX (108 opened a new position, 144 added to an existing one), while 212 reduced or exited (151 trimmed, 61 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 63% of total institutional value in TREX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +47 funds (more new holders than closures). Total institutional holders: 472.

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

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 2 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: TREX
466 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 466 425 9.65%
13F Shares 112M 108M 3.66%
Total Value $5.40B $3.91B 38.07%
New Positions 105 71 +34
Increased Positions 140 155 -15
Closed Positions 63 74 -11
Reduced Positions 145 128 +17
Total Calls 8 6 33.33%
Total Puts 7 10 -30.0%
PUT/CALL Ratio 0.88 1.67 Neutral

Statistics: TREX

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

466 + investors

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

QUARTER:
Top 25 TREX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Alpine Peaks Capital, LP 5.38% 91,762 $4.6M
2 H Squared Management LP 4.97% 155,200 $7.8M
3 Park State Asset Management 3.42% 70,001 $3.5M
4 Rivermont Capital Management LP 2.86% 403,273 $20.2M
5 Hook Mill Capital Partners, LP 2.41% 518,584 $25.9M
6 Heron Bay Capital Management 2.09% 460,237 $23.0M
7 American Trust Investment Advisors, LLC 1.79% 72,525 $3.6M
8 Tabor Asset Management, LP 1.65% 107,875 $5.4M
9 Wasatch Advisors LP 1.23% 3,757,238 $188.0M
10 Bennett Selby Investments LP 0.95% 59,379 $3.0M
11 Kopion Asset Management, LLC 0.92% 28,962 $1.4M
12 Van Den Berg Management I, Inc 0.91% 86,107 $4.3M
13 Red Spruce Capital, LLC 0.86% 49,410 $2.5M
14 Hill City Capital, LP 0.70% 550,000 $27.5M
15 Geneva Capital Management LLC 0.67% 588,319 $29.4M
16 Green Alpha Advisors, LLC 0.60% 17,745 $888K
17 Monte Financial Group, LLC 0.59% 42,168 $1.8M
18 Westwood Holdings Group Inc 0.57% 1,504,036 $75.3M
19 Osborne Partners Capital Management, LLC 0.55% 199,236 $10.0M
20 Disciplined Growth Investors Inc /Mn 0.50% 592,096 $29.6M
21 Pinnbrook Capital Management LP 0.50% 93,900 $4.7M
22 Windsor Advisory Group, LLC 0.45% 12,380 $619K
23 Martin Capital Advisors, LLP 0.43% 16,291 $815K
24 Impax Asset Management Group plc 0.42% 1,304,299 $65.3M
25 Concentric Capital Strategies, LP 0.38% 138,137 $6.9M
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TREX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TREX?

Slight buying edge — 54% buying: Last quarter: 252 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TREX holders?

Elite ownership — 63% AUM from top-100 funds: 59 of 471 holders are among the 100 largest funds by AUM, controlling 63% 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?

57% of holders stayed for 2+ years: 269 out of 472 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.

Full history →