TRONOX HOLDINGS PLC TROX
SHS · Common Stock · CUSIP G9087Q102
- SectorMaterials
- IndustryIndustrial Inorganic Chemicals
- HeadquartersStamford, CT
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.7m this quarter). Holder counts are more reliable. Shares outstanding: 156.8m as of 2023-07-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.71. Options: 11 managers hold calls ($15.7m notional), 6 hold puts ($2.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 214 |
| Q4 2022 | 204 |
| Q1 2023 | 188 |
| Q2 2023 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 87 | 116 |
| Q1 2023 | 84 | 101 |
| Q2 2023 | 83 | 98 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $7.9m | $4.2m | 0.53 |
| Q4 2022 | $10.0m | $4.6m | 0.46 |
| Q1 2023 | $23.2m | $3.5m | 0.15 |
| Q2 2023 | $15.7m | $2.7m | 0.17 |
Biggest buyers
| Thrivent Financial for Lutherans | Added | +4.5m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.4m |
| NFJ INVESTMENT GROUP, LLC | New | +1.1m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | New | +919.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +848.5k |
| Russell Investments Group, Ltd. | Added | +644.3k |
| MARSHALL WACE, LLP | Added | +555.4k |
| Mesirow Institutional Investment Management, Inc. | New | +400.1k |
| Empowered Funds, LLC | New | +382.4k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Added | +275.3k |
Biggest sellers
| FMR LLC | Reduced | -22.8m |
| FRANKLIN RESOURCES INC | Reduced | -5.3m |
| Balyasny Asset Management L.P. | Sold out | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -770.3k |
| Nuveen Asset Management, LLC | Reduced | -729.9k |
| VANGUARD GROUP INC | Reduced | -705.6k |
| Point72 Asset Management, L.P. | Sold out | -522.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -498.6k |
| Invesco Ltd. | Reduced | -385.2k |
| AMERIPRISE FINANCIAL INC | Reduced | -384.1k |
Biggest calls
| JANE STREET GROUP, LLC | New | $4.2m333.9k shares |
| SIMPLEX TRADING, LLC | Added | $2.9m228.1k shares |
| ROYAL BANK OF CANADA | Reduced | $2.6m208.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.1m163.0k shares |
| UBS Group AG | Added | $1.8m139.1k shares |
| PEAK6 Investments LLC | Added | $902.4k71.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $411.8k32.4k shares |
| Walleye Trading LLC | New | $381.3k30.0k shares |
| GROUP ONE TRADING LLC | Reduced | $374.9k29.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.7m134.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $617.7k48.6k shares |
| PEAK6 Investments LLC | Reduced | $325.4k25.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $52.0k4.1k shares |
| GROUP ONE TRADING LLC | Added | $24.1k1.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution new · filed 2026-05-15 | 5.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (4.9%, 2026-01-30)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 2 | $139.1k | 6 | $6.5m | — |
| Q2 2022 | 2 | $273.7k | 1 | $192.0k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 2 | $107.0k | 0 | — | — |
| Q1 2023 | 0 | — | 7 | $4.9m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.03% of their portfolio | 23.5m $298.8m | Reduced -22.8m |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.4m $158.0m | Reduced -705.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 8.5m $107.8m | Reduced -247.9k |
| BlackRock Inc. 0.00% of their portfolio | 8.2m $104.1m | Added +157.5k |
| Thrivent Financial for Lutherans 0.15% of their portfolio | 5.1m $65.4m | Added +4.5m |
| LUMINUS MANAGEMENT LLC 10.84% of their portfolio | 2.8m $35.5m | Reduced -26.0k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.63% of their portfolio | 2.8m $35.1m | Added +275.3k |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $32.0m | Reduced -105.9k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 2.4m $30.1m | Added +644.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $28.9m | Added +73.1k |
| LSV ASSET MANAGEMENT 0.05% of their portfolio | 1.7m $22.1m | Added +18.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.7m $22.0m | Reduced -369.3k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 1.7m $22.1m | Reduced -297.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.7m $21.4m | Added +131.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $21.3m | Added +78.1k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 1.6m $20.7m | Added +555.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.5m $18.7m | Added +1.4m |
| Private Capital Management, LLC 2.17% of their portfolio | 1.4m $17.9m | Added +77.8k |
| Invesco Ltd. 0.00% of their portfolio | 1.2m $15.6m | Reduced -385.2k |
| Khrom Capital Management LLC 8.38% of their portfolio | 1.2m $15.5m | Added +162.2k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 1.1m $14.5m | Reduced -265.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $14.3m | Added +98.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $14.2m | Added +44.8k |
| NFJ INVESTMENT GROUP, LLC 0.38% of their portfolio | 1.1m $14.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $13.2m | Reduced -214.2k |
| NORGES BANK 0.00% of their portfolio | 1.0m $12.7m | Reduced -20.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.28% of their portfolio | 919.0k $11.7m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 879.5k $11.2m | Reduced -384.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 848.5k $10.8m | New |
| Aristotle Capital Boston, LLC 0.31% of their portfolio | 816.3k $10.4m | Added +35.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 781.5k $9.9m | Reduced -5.3m |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 771.2k $9.8m | Reduced -59.1k |
| Boston Partners 0.01% of their portfolio | 727.7k $9.2m | Added +232.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 609.2k $7.7m | Reduced -498.6k |
| P SCHOENFELD ASSET MANAGEMENT LP 0.92% of their portfolio | 530.4k $6.7m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 522.4k $6.6m | Added +12.1k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 514.6k $6.5m | Reduced -10.4k |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 408.8k $5.2m | Reduced -12.8k |
| Mesirow Institutional Investment Management, Inc. 0.52% of their portfolio | 400.1k $5.1m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 383.4k $4.9m | Reduced -729.9k |
| Empowered Funds, LLC 0.17% of their portfolio | 382.4k $4.9m | New |
| EA Series Trust 0.17% of their portfolio | 382.4k $4.9m | First filing |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 366.1k $4.7m | Reduced -365.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 333.0k $4.2m | Reduced -279.9k |
| Credit Capital Investments LLC 5.41% of their portfolio | 327.0k $4.2m | Reduced -15.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 319.1k $4.1m | Reduced -363.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 315.2k $4.0m | Reduced -770.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 285.4k $3.6m | Reduced -80.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 271.7k $3.5m | Added +16.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 266.4k $3.4m | Reduced -179.3k |
| Cinctive Capital Management LP 0.13% of their portfolio | 256.0k $3.3m | Added +162.2k |
| Swiss National Bank 0.00% of their portfolio | 252.3k $3.2m | Added +2.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 238.5k $3.0m | Reduced -25 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 196.6k $2.5m | Added +144.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 181.3k $2.3m | Reduced -3.8k |
| TWINBEECH CAPITAL LP 0.05% of their portfolio | 181.1k $2.3m | Added +154.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 176.7k $2.2m | Added +81.1k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 172.7k $2.2m | Added +36.4k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 151.8k $1.9m | Added +6.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 140.9k $1.8m | Reduced -4.4k |
| Sagefield Capital LP 0.38% of their portfolio | 139.9k $1.8m | Reduced -27.1k |
| Knights of Columbus Asset Advisors LLC 0.16% of their portfolio | 139.4k $1.8m | Reduced -52.7k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.17% of their portfolio | 131.5k $1.7m | Added +125.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 129.6k $1.6m | Reduced -36.0k |
| GSA CAPITAL PARTNERS LLP 0.16% of their portfolio | 128.5k $1.6m | Added +116.2k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 126.2k $1.6m | Reduced -2.9k |
| Verdence Capital Advisors LLC 0.18% of their portfolio | 124.0k $1.6m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 117.5k $1.5m | Reduced -44.8k |
| First Eagle Investment Management, LLC 0.00% of their portfolio | 117.0k $1.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 116.9k $1.5m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 109.9k $1.4m | Unchanged |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio | 103.7k $1.3m | New |
| P&S Credit Management, L.P. 8.69% of their portfolio | 100.0k $1.3m | New |
| Jade Capital Advisors, LLC 1.02% of their portfolio | 100.0k $1.3m | Reduced -55.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 99.5k $1.4m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 91.6k $1.2m | Reduced -239.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 88.0k $1.1m | Added +13.9k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 86.8k $1.1m | Unchanged |
| HRT FINANCIAL LP 0.01% of their portfolio | 81.9k $1.0m | New |
| UBS Group AG 0.00% of their portfolio | 77.7k $987.4k | Added +15.8k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 70.9k $901.2k | Added +60.7k |
| HARBOR CAPITAL ADVISORS, INC. 0.17% of their portfolio | 65.2k $828.5k | New |
| Sonic GP LLC 0.53% of their portfolio | 63.1k $801.4k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 62.5k $794.3k | Added +8.8k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 62.1k $788.8k | Unchanged |
| Freemont Management S.A. 0.10% of their portfolio | 60.0k $762.6k | Unchanged |
| Aurora Investment Counsel 0.46% of their portfolio | 56.7k $721.2k | Added +907 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 56.4k $716.7k | Reduced -81 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 53.3k $686.8k | Reduced -9.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 52.9k $671.9k | Added +23.5k |
| Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio | 51.2k $651.0k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 50.5k $641.2k | Reduced -50 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 50.3k $639.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 49.8k $633.6k | Added +46.6k |
| Holocene Advisors, LP 0.00% of their portfolio | 49.3k $626.3k | Reduced -49.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 47.9k $608.7k | Reduced -33.2k |
| BARCLAYS PLC 0.00% of their portfolio | 45.1k $573.2k | Reduced -16.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 43.8k $556.5k | Added +528 |
| Unison Advisors LLC 0.06% of their portfolio | 42.5k $540.6k | New |
| Vontobel Holding Ltd. 0.00% of their portfolio | 41.7k $529.7k | Added +1.5k |