Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tronox Holdings plc (TROX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
2Q ▲
Buyers last Q
53%

Smart Money Signals — TROX

Based on 232 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added TROX 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.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
232 hedge funds hold TROX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

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

fund count last 6Q
+13 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 — 53% buying

127 buying112 selling
Last quarter: 127 funds bought or added vs 112 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.
➡️

Steady new buyers — ~51 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 56 → 32 → 49 → 51. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 21% new
133 out of 232 hedge funds have held TROX 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 +114% but shares only +1% — price-driven

Value
+113%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +114%, but actual share count only changed +1%. 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.
📈

Growing discovery — still being found

45 → 56 → 32 → 49 → 51 new funds/Q
New funds entering each quarter: 56 → 32 → 49 → 51. A growing number of institutions are discovering TROX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 23% newcomers

■ 67% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 244 holders: 164 (67%) are 2+ year veterans, 23 entered 1–2 years ago, and 57 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
47 of 230 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in TROX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — TROX

In 2026 Q1, 127 hedge funds were net buyers of TROX (51 opened a new position, 76 added to an existing one), while 112 reduced or exited (72 trimmed, 40 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 46% of total institutional value in TROX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 232.

Hedge Fund Ownership: TROX

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

Market Analysis: TROX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TROX

-- --

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

Is It Too Late to Buy Tronox Holdings plc (TROX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TROX has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
TROX
-17.9%
SPY
+14.1%

TROX outperformed SPY by -32.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
TROX
+0.4%
SPY
+0.3%

Since the filing became public, TROX outperformed SPY by +0.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

20 top-rated funds 3 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: TROX
229 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 229 221 3.62%
13F Shares 116M 115M 0.44%
Total Value $1.03B $481M 113.76%
New Positions 48 49 -1
Increased Positions 71 67 +4
Closed Positions 40 43 -3
Reduced Positions 68 74 -6
Total Calls 9 10 -10.0%
Total Puts 5 8 -37.5%
PUT/CALL Ratio 0.56 0.8 Bullish

Statistics: TROX

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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

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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)

229 + investors

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

QUARTER:
Top 25 TROX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shah Capital Management 5.61% 2,994,154 $29.3M
2 Lightrock Netherlands B.V. 4.41% 2,110,792 $20.6M
3 Credit Capital Investments LLC 3.48% 392,214 $3.8M
4 Soviero Asset Management, LP 2.98% 610,000 $6.0M
5 Impala Asset Management LLC 2.41% 530,000 $5.2M
6 Collar Capital Management, LLC 2.19% 346,630 $3.4M
7 Private Capital Management, LLC 1.69% 1,734,999 $17.0M
8 Highland Peak Capital, LLC 1.52% 580,887 $5.7M
9 Walnut Level Capital LLC 1.49% 180,000 $1.8M
10 Wellington Shields Capital Management, LLC 0.70% 479,277 $4.7M
11 Converium Capital Inc. 0.49% 150,000 $626K
12 Scientech Research LLC 0.43% 52,225 $510K
13 Monaco Asset Management SAM 0.41% 225,000 $2.2M
14 Van Lanschot Kempen Investment Management N.V. 0.32% 3,753,747 $36.7M
15 PDT Partners, LLC 0.22% 376,829 $3.7M
16 Odyssean, LLC 0.20% 55,209 $539K
17 Bridgeway Capital Management, LLC 0.18% 896,377 $8.8M
18 Pekin Hardy Strauss, Inc. 0.16% 159,850 $1.6M
19 Numerai GP LLC 0.16% 161,020 $1.6M
20 Optimize Financial Inc 0.15% 31,174 $305K
21 Bayesian Capital Management, LP 0.13% 11,100 $108K
22 Appian Way Asset Management LP 0.11% 157,446 $633K
23 Knights of Columbus Asset Advisors LLC 0.11% 205,142 $2.0M
24 R Squared Ltd 0.08% 15,842 $155K
25 Susquehanna Portfolio Strategies, LLC 0.08% 583,272 $5.7M
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 — Tronox Holdings plc (TROX)

What does the Smart Money Trend signal show for TROX?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added TROX 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 TROX?

Slight buying edge — 53% buying: Last quarter: 127 funds bought or added vs 112 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 TROX holders?

Elite ownership — 46% AUM from top-100 funds: 47 of 230 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in TROX. 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 TROX?

57% of holders stayed for 2+ years: 133 out of 232 hedge funds have held TROX 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.

Is it too late to buy Tronox Holdings plc (TROX) following the 2026 Q1 hedge fund 13F filings?

As of today, TROX has moved +0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +0.1%. Since the quarter end (March 31, 2026), TROX has gained -17.9% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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