Trex Company

TREX • NYSE

Trex Company is a construction company in the industrials sector on NYSE, led by Bryan H. Fairbanks, with a market cap of $3.8B. As of Q3 2025, 103% of shares are held by 453 institutional investors, with BlackRock, Inc. as the largest holder at 9.53%.

President and Chief Executive OfficerBryan H. Fairbanks

Market Cap$3.8B

Construction

Industrials

Employees1.8K

Websitetrex.com

Country

United States of America

Overview

Overview of institutional ownership in TREX as of Q3 2025 with a market cap of $5.5B

All Institutions

Institutions: 453
Value Held: $5.7B
Shares Held: 110.2M
Avg Position: $12.6M
Median Position: $807.2K

Hedge Funds

Hedge Funds: 51
Value Held: $541.1M
Shares Held: 10.5M
Avg Position: $10.6M
Median Position: $2.7M

Ownership Breakdown

Institutional (non-HF)

93.29%

$5.2B

Hedge Funds

9.77%

$541.1M

Retail & Other

Based on market cap of $5.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TREX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$527.8M 0.01% of portfolio	9.53% 10.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$514.6M 0.01% of portfolio	9.29% 10.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$389.8M 0.12% of portfolio	7.03% 7.5M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$266.9M 1.43% of portfolio	4.82% 5.2M shares	≤ Q2 2013 Held for 12y 5m+	$18.6B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$164.6M 0.01% of portfolio	2.97% 3.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Clearbridge Investments, LLC Long Only Manager	Terrence James Murphy President	$136.2M 0.10% of portfolio	2.46% 2.6M shares	Q4 2013 Held for 11y 11m	$132.87B
N Neuberger Berman Group LLC Institution	-	$131.7M 0.10% of portfolio	2.38% 2.5M shares	Q3 2018 Held for 7y 2m	$136.94B
Anomaly Capital Management, LP Hedge Fund•Long/Short	Benjamin Solomon Jacobs CIO	$119.2M 3.51% of portfolio	2.15% 2.3M shares	Q3 2024 Held for 1y 2m	$3.4B
A AMERICAN CENTURY COMPANIES INC Institution	-	$113.2M 0.06% of portfolio	2.04% 2.2M shares	Q3 2018 Held for 7y 2m	$195.93B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$102.0M 0.02% of portfolio	1.84% 2.0M shares	Q1 2025 Held for 8 months	$571.21B

Net Capital Flow

Institutional buying and selling activity for TREX in Q3 2025

Traded: −$142.7M
Buyers: 227
Sellers: 212
Total Bought: +$725.9M
Total Sold: −$868.7M
Avg Position: $11.2M

Biggest Buyers

Institution	Net Bought	Current Position
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$81.0M +1.6M shares	$81.5M 1.6M shares
I Impax Asset Management Group plc Long Only Manager	+$47.9M +932.2K shares	$99.4M 1.9M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$47.4M +917.4K shares	$102.0M 2.0M shares
N Neuberger Berman Group LLC Institution	+$37.1M +717.8K shares	$131.7M 2.5M shares
FEDERATED INVESTORS INC /PA/ Long Only Manager	+$36.1M +698.6K shares	$75.9M 1.5M shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	+$31.1M +601.3K shares	$31.1M 601.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$29.1M +563.6K shares	$29.1M 563.6K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$28.7M +556.1K shares	$28.9M 558.7K shares
O Ophir Asset Management Pty Ltd Long Only Manager	+$20.6M +398.9K shares	$20.6M 398.9K shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	+$18.2M +351.8K shares	$32.5M 628.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$360.1M −7.0M shares	$38.3M 740.7K shares
B BlackRock, Inc. Institution	−$104.3M −2.0M shares	$527.8M 10.2M shares
Kinetic Partners Management, LP Hedge Fund•Long/Short	−$57.6M −1.1M shares	Sold Off 0 shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$48.9M −898.5K shares	Sold Off 0 shares
Woodline Partners LP Hedge Fund•Long/Short	−$43.4M −798.6K shares	Sold Off 0 shares
A AustralianSuper Pty Ltd Institution	−$25.8M −474.2K shares	Sold Off 0 shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	−$16.3M −315.5K shares	$12.3M 238.7K shares
J JANE STREET GROUP, LLC Institution	−$16.3M −315.2K shares	$14.6M 281.8K shares
Clearbridge Investments, LLC Long Only Manager	−$16.2M −312.9K shares	$136.2M 2.6M shares
CITIGROUP INC Institution	−$14.2M −275.4K shares	$21.2M 409.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TREX in Q3 2025

New Positions: 33
New Value: $60.1M
Exited Positions: 55
Exited Value: $223.8M

New Positions

Institution	Position Value
O Ophir Asset Management Pty Ltd Long Only Manager	$20.6M 398.9K shares
Lansforsakringar Fondforvaltning AB Fund of Funds	$14.6M 282.5K shares
F FIL Ltd Institution	$8.8M 169.5K shares
M MAIRS & POWER INC Institution	$3.3M 63.3K shares
American Trust Investment Advisors, LLC RIA/Wealth	$3.0M 58.1K shares
N Northwest & Ethical Investments L.P. Institution	$2.7M 52.5K shares
Morningstar Investment Management LLC Long Only Manager	$1.7M 33.5K shares
Maridea Wealth Management LLC RIA/Wealth	$1.2M 24.4K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$817.1K 15.8K shares
C CHAPMAN FINANCIAL GROUP, LLC Institution	$649.5K 12.6K shares

Exited Positions

Institution	Previous Position
Kinetic Partners Management, LP Hedge Fund•Long/Short	$57.6M 1.1M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$48.9M 898.5K shares
Woodline Partners LP Hedge Fund•Long/Short	$43.4M 798.6K shares
A AustralianSuper Pty Ltd Institution	$25.8M 474.2K shares
Empower Advisory Group, LLC RIA/Wealth	$7.2M 131.7K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$6.8M 125.3K shares
E Eisler Capital Management Ltd. Institution	$5.2M 95.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.4M 81.4K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$3.9M 71.7K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$2.7M 49.7K shares

Options Activity

Institutions with the largest Call and Put options positions in TREX as of Q3 2025

Call Positions: 9
Call Value: $8.7M
Put Positions: 7
Put Value: $8.8M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.5M 1.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 219.0 contracts
J JANE STREET GROUP, LLC Institution	$589.0K 114.0 contracts
Walleye Trading LLC RIA/Wealth	$475.4K 92.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$423.7K 82.0 contracts
W WOLVERINE TRADING, LLC Institution	$385.4K 75.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$273.9K 53.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	- - contracts
E Eisler Capital Management Ltd. Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.1M 987.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.7M 324.0 contracts
J JANE STREET GROUP, LLC Institution	$459.9K 89.0 contracts
W WOLVERINE TRADING, LLC Institution	$442.0K 86.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$439.2K 85.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$366.9K 71.0 contracts
Walleye Trading LLC RIA/Wealth	$315.2K 61.0 contracts

Most Committed Institutions

Institutions with TREX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Alpine Peaks Capital, LP Hedge Fund•Long/Short	Jennifer Ralph Oppold Managing Partner	5.59% $6.4M	0.12% 124.1K shares	Q4 2022 Held for 2y 11m	$114.7M
Masterton Capital Management, LP Hedge Fund•Long/Short	Stephen Michael Mykijewycz CEO	4.40% $8.0M	0.14% 155.2K shares	Q3 2024 Held for 1y 2m	$182.4M
M Montanaro Asset Management Ltd Institution	-	4.16% $16.7M	0.30% 322.5K shares	Q4 2020 Held for 4y 11m	$400.4M
A Alapocas Investment Partners, Inc. RIA/Wealth	Nancy C Littlehale President	3.76% $5.5M	0.10% 106.1K shares	Q4 2021 Held for 3y 11m	$145.8M
Anomaly Capital Management, LP Hedge Fund•Long/Short	Benjamin Solomon Jacobs CIO	3.51% $119.2M	2.15% 2.3M shares	Q3 2024 Held for 1y 2m	$3.4B
Aperture Investors, LLC Hedge Fund•Multi-Strategy	Peter Steven Kraus CEO	2.92% $21.0M	0.38% 406.6K shares	Q3 2022 Held for 3y 2m	$719.9M
O Ophir Asset Management Pty Ltd Long Only Manager	Sandra Donnarumma COO	2.55% $20.6M	0.37% 398.9K shares	Q3 2025 Held for 2 months	$809.7M
Pembroke Management, LTD Long Only Manager	Nicolas Gilles Chevalier CEO	2.44% $24.6M	0.44% 476.3K shares	Q2 2016 Held for 9y 5m	$1.0B
Lombard Odier Asset Management Ltd Private Equity	Jr. Thomas Smith President	2.34% $36.7M	0.32% 347.5K shares	Q2 2023 Held for 2y 5m	$1.6B
Conestoga Capital Advisors, LLC Long Only Manager	Joseph Francis Monahan Partner	1.57% $97.9M	1.77% 1.9M shares	Q3 2015 Held for 10y 2m	$6.2B

Hedge Fund Spotlight

Discover hedge funds investing in TREX

Scientech Research LLC

Hedge Fund • Market Neutral

Portfolio ManagerRui Wei

Portfolio Value: $283.5M
Positions: 542
Last Reported: Q3 2025

Sector Allocation

Position in Trex Company

Market Value: $243.6K
Shares Held: 4.7K
Portfolio Weight: 0.09%
Owned Since: 2025-Q2

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