Kinetic liquidated its position in Trex. The stock's price is now 60% below its 52-week high.On Nov. 14, 2025, Kinetic Partners Management, LP, disclosed in an SEC filing that it sold out its entire Trex position, a move valued at approximately $57.6 million.What happenedAccording to a filing with the Securities and Exchange Commission dated Nov. 14, 2025, Kinetic Partners Management sold all 1,059,900 shares it held in Trex (TREX 1.67%) during the third quarter. The estimated value of the trade was $57.6 m ...