CDW
861 hedge funds and large institutions have $30B invested in CDW in 2023 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 315 increasing their positions, 299 reducing their positions, and 67 closing their positions.
94% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 67
40% more call options, than puts
Call options by funds: $82.8M | Put options by funds: $59.2M
18% more capital invested
Capital invested by funds: $25.3B → $30B (+$4.68B)
7% more funds holding
Funds holding: 807 → 861 (+54)
5.13% more ownership
Funds ownership: 93.56% → 98.69% (+5.1%)
5% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 299
16% less funds holding in top 10
Funds holding in top 10: 25 → 21 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.49B |
| 2 |
BlackRock
New York
|
+$190M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$166M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$129M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$161M |
| 2 |
GC
Gobi Capital
San Francisco,
California
|
-$142M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$119M |
| 4 |
JP Morgan Chase
New York
|
-$83.9M |
| 5 |
Select Equity Group
New York
|
-$68.6M |
CDW Hedge Fund Activity: Q4 2023 in Review
861 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2023, worth a combined $30B — up 18% from $25.3B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new CDW positions and 67 closed out — a net gain of 63 holders — while 315 added to existing stakes and 299 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.49B. The largest seller was AllianceBernstein, cutting an estimated $161M.
- 861 institutional investors held CDW (CDW) as of Q4 2023, up from 807 in Q3 2023.
- Funds reported $30B of CDW stock for Q4 2023, up 18% quarter-over-quarter.
- 130 funds opened new CDW positions in Q4 2023 and 67 closed out, a net change of +63 holders.
- The largest CDW buyer in Q4 2023 was Morgan Stanley, an estimated $1.49B added.
- The largest CDW seller in Q4 2023 was AllianceBernstein, an estimated $161M sold.
Based on aggregated 13F filings for Q4 2023.