TRS ranks #2899 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
TRS is a top-conviction position for Permian Investment Partners, LP — at 5.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in TRS belongs to BlackRock, Inc., but the position matters far more to Permian Investment Partners, LP, who has 5.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
American Century Companies Inc has added to its TRS position for two straight quarters, increasing it by $48.4M to reach $51.8M today.
Allspring Global Investments Holdings, LLC has trimmed its TRS position for two straight quarters, cutting it by $10.6M while still holding $82.4M.
TRS is up 1% today, but institutions show net selling of $41.1M this quarter — a divergence between today's price move and the underlying institutional flow.