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 ($8.0m this quarter). Holder counts are more reliable. Shares outstanding: 156.8m as of 2024-01-31, 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 ≈ $14.16. Options: 9 managers hold calls ($12.7m notional), 7 hold puts ($2.2m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 214 |
| Q4 2022 | 204 |
| Q1 2023 | 188 |
| Q2 2023 | 190 |
| Q3 2023 | 190 |
| Q4 2023 | 192 |
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 |
| Q3 2023 | 86 | 86 |
| Q4 2023 | 93 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $23.2m | $3.5m | 0.15 |
| Q2 2023 | $15.7m | $2.7m | 0.17 |
| Q3 2023 | $23.2m | $2.9m | 0.12 |
| Q4 2023 | $12.7m | $2.2m | 0.17 |
Biggest buyers
| MORGAN STANLEY | Added | +1.2m |
| LUMINUS MANAGEMENT LLC | Added | +960.8k |
| BlackRock Inc. | Added | +920.3k |
| FRANKLIN RESOURCES INC | Added | +876.2k |
| DIMENSIONAL FUND ADVISORS LP | Added | +597.7k |
| Capital International Investors | Added | +449.1k |
| Polar Asset Management Partners Inc. | New | +394.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +281.1k |
| PUTNAM INVESTMENTS LLC | Added | +251.9k |
| Mesirow Institutional Investment Management, Inc. | Added | +243.5k |
Biggest sellers
| LSV ASSET MANAGEMENT | Reduced | -916.8k |
| MACKENZIE FINANCIAL CORP | Sold out | -859.4k |
| Russell Investments Group, Ltd. | Reduced | -852.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -576.4k |
| Khrom Capital Management LLC | Sold out | -470.2k |
| P SCHOENFELD ASSET MANAGEMENT LP | Sold out | -384.6k |
| Boston Partners | Reduced | -353.3k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Reduced | -341.7k |
| NORGES BANK | Reduced | -275.8k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -271.7k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $4.5m314.8k shares |
| LUMINUS MANAGEMENT LLC | New | $3.8m265.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m131.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m125.6k shares |
| PEAK6 Investments LLC | Reduced | $504.1k35.6k shares |
| GROUP ONE TRADING LLC | Reduced | $315.8k22.3k shares |
| Walleye Capital LLC | New | $2.8k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Unchanged | $0100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $805.7k56.9k shares |
| CITADEL ADVISORS LLC | Reduced | $720.7k50.9k shares |
| PEAK6 Investments LLC | Unchanged | $362.5k25.6k shares |
| Walleye Capital LLC | New | $205.3k14.5k shares |
| SIMPLEX TRADING, LLC | Added | $123.0k8.7k shares |
| GROUP ONE TRADING LLC | New | $2.8k200 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 1 | $33.5k | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.03% of their portfolio | 23.5m $333.0m | Reduced -42 |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.5m $176.4m | Reduced -15.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 9.2m $131.0m | Added +597.7k |
| BlackRock Inc. 0.00% of their portfolio | 9.1m $129.1m | Added +920.3k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 6.2m $87.6m | Added +876.2k |
| Thrivent Financial for Lutherans 0.16% of their portfolio | 5.1m $71.6m | Reduced -195.3k |
| Capital International Investors 0.01% of their portfolio | 4.6m $65.6m | Added +449.1k |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $37.1m | Added +94.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $35.2m | Added +115.6k |
| LUMINUS MANAGEMENT LLC 14.64% of their portfolio | 2.2m $31.6m | Added +960.8k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.42% of their portfolio | 2.1m $30.0m | Reduced -341.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.0m $27.8m | Added +110.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $27.6m | Added +127.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $25.8m | Added +1.2m |
| MARSHALL WACE, LLP 0.04% of their portfolio | 1.5m $21.8m | Reduced -100.8k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 1.4m $20.0m | Reduced -852.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.4m $19.7m | Reduced -256.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 1.2m $17.5m | Added +90.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 1.2m $17.5m | Added +281.1k |
| Private Capital Management, LLC 1.95% of their portfolio | 1.2m $17.2m | Reduced -174.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.2m $17.1m | Reduced -141.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $15.9m | Added +5.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $15.7m | Added +112.5k |
| Mesirow Institutional Investment Management, Inc. 1.31% of their portfolio | 986.9k $14.0m | Added +243.5k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 979.1k $13.9m | Reduced -98.2k |
| NFJ INVESTMENT GROUP, LLC 0.36% of their portfolio | 915.1k $13.0m | Reduced -69.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 886.4k $12.6m | Added +11.8k |
| Medina Value Partners, LLC 6.50% of their portfolio | 745.1k $10.6m | Added +113.8k |
| Aristotle Capital Boston, LLC 0.32% of their portfolio | 737.8k $10.4m | Reduced -84.6k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 665.5k $9.4m | Added +113.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 633.8k $9.0m | Reduced -576.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 596.5k $8.4m | Added +181.2k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 592.8k $8.4m | Reduced -916.8k |
| Empowered Funds, LLC 0.20% of their portfolio | 563.4k $8.0m | Added +146.2k |
| NORGES BANK 0.00% of their portfolio | 548.0k $7.8m | Reduced -275.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 507.6k $7.2m | Added +13.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 500.2k $7.1m | Added +71.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 469.2k $6.6m | Reduced -106.3k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 440.1k $6.2m | Reduced -300 |
| Brandywine Global Investment Management, LLC 0.05% of their portfolio | 431.6k $6.1m | Reduced -45.0k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 404.9k $5.7m | Reduced -88.3k |
| Polar Asset Management Partners Inc. 0.15% of their portfolio | 394.3k $5.6m | New |
| Boston Partners 0.01% of their portfolio | 391.3k $5.5m | Reduced -353.3k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 377.0k $5.3m | Added +251.9k |
| Covalis Capital LLP 0.85% of their portfolio | 368.6k $5.2m | Added +142.0k |
| Invesco Ltd. 0.00% of their portfolio | 334.9k $4.7m | Added +36.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 313.7k $4.4m | Added +5.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 311.2k $4.4m | Added +14.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 246.1k $3.5m | Added +29.8k |
| Swiss National Bank 0.00% of their portfolio | 231.8k $3.3m | Reduced -26.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 185.0k $2.6m | Added +1.5k |
| BARCLAYS PLC 0.00% of their portfolio | 183.8k $2.6m | Added +141.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 181.6k $2.6m | Added +13.9k |
| Verition Fund Management LLC 0.03% of their portfolio | 180.5k $2.6m | Added +153.2k |
| Walnut Level Capital LLC 2.28% of their portfolio | 180.0k $2.5m | First filing |
| UBS Group AG 0.00% of their portfolio | 176.4k $2.5m | Added +133.4k |
| HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio | 158.3k $2.2m | Added +32.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 155.0k $2.2m | Added +1.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 134.8k $1.9m | Added +35.3k |
| Lombard Odier Asset Management (USA) Corp 0.27% of their portfolio | 130.0k $1.8m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 124.0k $1.8m | Reduced -5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 121.1k $1.7m | Added +8.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 117.8k $1.7m | Added +940 |
| Verdence Capital Advisors LLC 0.15% of their portfolio | 109.8k $1.6m | Unchanged |
| ALGERT GLOBAL LLC 0.06% of their portfolio | 101.4k $1.4m | Reduced -208.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 97.6k $1.4m | Added +4.6k |
| 272 Capital LP 0.40% of their portfolio | 87.5k $1.2m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 86.8k $1.2m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 85.0k $1.2m | Added +2.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 75.4k $1.1m | Added +13.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 75.3k $1.1m | Added +4.2k |
| Jade Capital Advisors, LLC 0.65% of their portfolio | 75.0k $1.1m | Added +5.0k |
| Western Standard LLC 0.99% of their portfolio | 73.9k $1.0m | New |
| GTS SECURITIES LLC 0.02% of their portfolio | 72.1k $1.0m | Added +60.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 71.0k $1.0m | New |
| Atom Investors LP 0.16% of their portfolio | 63.5k $898.6k | Added +19.7k |
| Sonic GP LLC 1.03% of their portfolio | 63.1k $892.9k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 62.4k $883.4k | Reduced -36.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 61.6k $871.9k | Reduced -71.3k |
| Freemont Management S.A. 0.11% of their portfolio | 60.0k $849.6k | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 59.2k $838.7k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 58.2k $824.6k | Reduced -236 |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 58.0k $821.1k | New |
| TWINBEECH CAPITAL LP 0.01% of their portfolio | 57.9k $819.3k | New |
| HARBOR CAPITAL ADVISORS, INC. 0.15% of their portfolio | 54.4k $770.0k | Added +1.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 50.5k $714.2k | Reduced -94 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 50.3k $712.1k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 49.7k $703.3k | Added +3.6k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 49.5k $701.6k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 47.6k $673.7k | Reduced -409 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.01% of their portfolio | 46.8k $663.2k | Added +5.8k |
| PDT Partners, LLC 0.07% of their portfolio | 45.9k $649.5k | Added +22.4k |
| Holocene Advisors, LP 0.00% of their portfolio | 43.2k $612.1k | Reduced -89.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 43.2k $611.7k | Reduced -581 |
| Unison Advisors LLC 0.06% of their portfolio | 43.0k $608.9k | Added +464 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 41.9k $593.0k | Reduced -82.6k |
| CoreCommodity Management, LLC 0.17% of their portfolio | 39.5k $559.2k | Added +9.6k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 37.9k $536.7k | Reduced -3.0k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 37.0k $524.6k | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 36.4k $515.7k | Unchanged |