CDW
350 hedge funds and large institutions have $7.67B invested in CDW in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 106 increasing their positions, 140 reducing their positions, and 30 closing their positions.
367% more call options, than puts
Call options by funds: $2.65M | Put options by funds: $568K
91.76% more ownership
Funds ownership: 0% → 91.76% (+92%)
83% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 30
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
13% more capital invested
Capital invested by funds: $6.78B → $7.67B (+$888M)
5% more funds holding
Funds holding: 332 → 350 (+18)
24% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$75.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$45.8M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$44.5M |
| 4 |
LCM
Lakewood Capital Management
New York
|
+$36.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.2M |
| 2 |
Neuberger Berman Group
New York
|
-$38.1M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
-$34.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$32M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -113 | Closed |
|
|
FIB
377
First Interstate Bank
Billings,
Montana
| – | -$2K | -44 | Closed |
|
|
VIA
378
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$2K | -43 | Closed |
|
|
TSW
379
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | +$341 | +7 | New |
|
CDW Hedge Fund Activity: Q4 2016 in Review
350 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2016, worth a combined $7.67B — up 13% from $6.78B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CDW positions and 30 closed out — a net gain of 25 holders — while 106 added to existing stakes and 140 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $75.9M. The largest seller was Fidelity Investments, cutting an estimated $56.2M.
- 350 institutional investors held CDW (CDW) as of Q4 2016, up from 332 in Q3 2016.
- Funds reported $7.67B of CDW stock for Q4 2016, up 13% quarter-over-quarter.
- 55 funds opened new CDW positions in Q4 2016 and 30 closed out, a net change of +25 holders.
- The largest CDW buyer in Q4 2016 was Eaton Vance Management, an estimated $75.9M added.
- The largest CDW seller in Q4 2016 was Fidelity Investments, an estimated $56.2M sold.
Based on aggregated 13F filings for Q4 2016.