Trinseo (TSE)

• Market cap: $169M
• 1 day: -6.84%
• 5 days: -11.83%
• 1 month: 46.77%
• 3 months: 6.24%
• 6 months: 76.67%
• Year to date: -43.35%
• 1 year: -39.39%
• 5 years: -87.13%
• 10 years: -73.07%
• Sector: Materials
• Industry: Plastic Materials, Synthetic Resins & Nonvulcan Elastomers

About: Trinseo PLC is a materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and plastics solutions. Majority of the revenue is generated from its Polystyrene segment which provides a variety of general purpose polystyrenes, and high impact polystyrene. These products provide customers with performance and aesthetics at a relatively low cost across applications, including appliances, packaging, including food packaging and food service disposables, consumer electronics and building and construction materials. Geographically, the company generates majority of the revenue from Europe and also has its presence in United States, Asia-Pacific and other regions.

Employees: 3,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,444% more call options, than puts

Call options by funds: $525K | Put options by funds: $34K

105% more capital invested

Capital invested by funds: $56.7M [Q2] → $116M (+$59.5M) [Q3]

7.72% less ownership

Funds ownership: 72.51% [Q2] → 64.79% (-7.72%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 25

28% less funds holding

Funds holding: 98 [Q2] → 71 (-27) [Q3]

73% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 37