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534 hedge funds and large institutions have $10.5B invested in CDW in 2018 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 172 increasing their positions, 215 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 58

19% more call options, than puts

Call options by funds: $18.1M | Put options by funds: $15.3M

5% more funds holding

Funds holding: 510534 (+24)

0.2% more ownership

Funds ownership: 89.94%90.14% (+0.2%)

13% less capital invested

Capital invested by funds: $12.1B → $10.5B (-$1.6B)

20% less repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 215

31% less funds holding in top 10

Funds holding in top 10: 139 (-4)

Holders
534
Holders Change
+24
Holders Change %
+4.71%
% of All Funds
11.9%
Holding in Top 10
9
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-30.77%
% of All Funds
0.2%
New
85
Increased
172
Reduced
215
Closed
58
Calls
$18.1M
Puts
$15.3M
Net Calls
+$2.87M
Net Calls Change
-$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
276
ETrade Capital Management
Virginia
$1.14M -$45.8K -532 -4%
V
277
Veritable
Delaware
$1.1M +$894K +10,385 +330%
FBT
278
First Bankers Trust
Kentucky
$1.08M +$763K +8,859 +198%
New York State Teachers Retirement System (NYSTRS)
279
New York State Teachers Retirement System (NYSTRS)
New York
$1.07M +$8.61K +100 +0.8%
KAS
280
Kemnay Advisory Services
New York
$1.06M -$134K -1,555 -11%
Balyasny Asset Management
281
Balyasny Asset Management
Illinois
$1.05M +$357K +4,147 +47%
MAM
282
Meeder Asset Management
Ohio
$1.05M -$198K -2,304 -15%
WCA
283
Westover Capital Advisors
Delaware
$1.03M -$143K -1,664 -12%
EMG
284
ETF Managers Group
New Jersey
$1.03M +$960K +11,146 +696%
NAM
285
Nissay Asset Management
Japan
$1.02M +$97.8K +1,136 +10%
HCMT
286
Highland Capital Management (Tennessee)
Tennessee
$1.01M +$1.08M +12,524 New
AG
287
Advisor Group
Arizona
$1M -$168K -1,955 -14%
CI
288
Cigna Investments
Connecticut
$988K -$522K -6,063 -33%
CTC
289
Central Trust Company
Missouri
$979K +$595K +6,910 +134%
RIM
290
Redpoint Investment Management
Australia
$976K
NAM
291
NorthCoast Asset Management
Connecticut
$973K +$1.03M +12,001 New
TCM
292
Teza Capital Management
Illinois
$964K -$114K -1,318 -10%
GHCM
293
Glen Harbor Capital Management
California
$963K +$866K +10,054 +551%
CIC
294
Carnegie Investment Counsel
Ohio
$959K -$657K -7,632 -39%
SBIA
295
Sheaff Brock Investment Advisors
Indiana
$914K -$53.2K -618 -5%
MLICM
296
Metropolitan Life Insurance Company (MetLife)
New York
$914K -$14.7K -171 -1%
BOH
297
Bank of Hawaii
Hawaii
$893K +$144K +1,675 +18%
WMC
298
Westwood Management Corporation
Illinois
$883K
WIM
299
Waverton Investment Management
United Kingdom
$872K +$49.4K +574 +6%
PIA
300
Piedmont Investment Advisors
North Carolina
$863K -$7.32K -85 -0.8%

CDW Hedge Fund Activity: Q4 2018 in Review

534 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2018, worth a combined $10.5B — down 13% from $12.1B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new CDW positions and 58 closed out — a net gain of 27 holders — while 172 added to existing stakes and 215 trimmed.

The largest buyer was Select Equity Group, adding an estimated $209M. The largest seller was BlackRock, cutting an estimated $186M.

  • 534 institutional investors held CDW (CDW) as of Q4 2018, up from 510 in Q3 2018.
  • Funds reported $10.5B of CDW stock for Q4 2018, down 13% quarter-over-quarter.
  • 85 funds opened new CDW positions in Q4 2018 and 58 closed out, a net change of +27 holders.
  • The largest CDW buyer in Q4 2018 was Select Equity Group, an estimated $209M added.
  • The largest CDW seller in Q4 2018 was BlackRock, an estimated $186M sold.

Based on aggregated 13F filings for Q4 2018.