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817 hedge funds and large institutions have $19.5B invested in CDW in 2025 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 268 increasing their positions, 333 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more call options, than puts

Call options by funds: $55.5M | Put options by funds: $46.8M

0.51% less ownership

Funds ownership: 94.04%93.53% (-0.51%)

4% less funds holding

Funds holding: 848817 (-31)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

12% less capital invested

Capital invested by funds: $22.1B → $19.5B (-$2.59B)

17% less first-time investments, than exits

New positions opened: 92 | Existing positions closed: 111

20% less repeat investments, than reductions

Existing positions increased: 268 | Existing positions reduced: 333

Holders
817
Holders Change
-31
Holders Change %
-3.66%
% of All Funds
10.72%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.13%
New
92
Increased
268
Reduced
333
Closed
111
Calls
$55.5M
Puts
$46.8M
Net Calls
+$8.64M
Net Calls Change
-$14.5M
Name Holding Trade Value Shares
Change
Change in
Stake
VI
426
Vestcor Inc
New Brunswick, Canada
$645K
Carson Wealth (CWM LLC)
427
Carson Wealth (CWM LLC)
Nebraska
$644K -$47.8K -281 -7%
AWA
428
Aaron Wealth Advisors
Illinois
$642K +$443K +2,605 +183%
FDCDDQ
429
Federation des caisses Desjardins du Quebec
Quebec, Canada
$641K -$3.5M -20,593 -84%
CI Investments Inc
430
CI Investments Inc
Ontario, Canada
$641K -$4.76K -28 -0.7%
BIA
431
Benchmark Investment Advisors
Illinois
$639K +$682K +4,013 New
GCM
432
Graham Capital Management
Connecticut
$638K +$366K +2,152 +116%
CIC
433
Carnegie Investment Counsel
Ohio
$637K
VT
434
Volterra Technologies
New York
$636K +$679K +3,993 New
FT
435
Fiduciary Trust
Massachusetts
$633K +$2.72K +16 +0.4%
WAP
436
Wealthcare Advisory Partners
Pennsylvania
$624K -$22.1K -130 -3%
EF
437
Empowered Funds
Pennsylvania
$611K -$2.8M -16,480 -81%
SWM
438
Salvus Wealth Management
New Jersey
$596K -$32.1K -189 -5%
GWMR
439
GC Wealth Management RIA
Massachusetts
$595K +$263K +1,549 +71%
Northwestern Mutual Wealth Management
440
Northwestern Mutual Wealth Management
Wisconsin
$594K -$46.6K -274 -7%
MC
441
Machina Capital
France
$583K +$622K +3,659 New
PAG
442
Private Advisor Group
New Jersey
$577K -$24.8K -146 -4%
SCA
443
Snowden Capital Advisors
New York
$572K -$74.3K -437 -11%
HBT
444
Hills Bank & Trust
Iowa
$571K -$1.13M -6,676 -65%
DTL
445
Dynamic Technology Lab
Singapore
$567K -$46.4K -273 -7%
MFG
446
Merit Financial Group
Georgia
$565K -$148K -871 -20%
BAM
447
Blueshift Asset Management
New Jersey
$565K +$603K +3,548 New
MSA
448
MUFG Securities Americas
New York
$563K +$105K +617 +21%
APG
449
Abacus Planning Group
South Carolina
$556K -$340 -2 -0.1%
GCM
450
Gallacher Capital Management
Colorado
$552K +$589K +3,466 New

CDW Hedge Fund Activity: Q3 2025 in Review

817 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q3 2025, worth a combined $19.5B — down 12% from $22.1B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of CDW and 92 opened new positions — a net loss of 19 holders — while 333 trimmed existing stakes and 268 added.

The largest buyer was Allspring Global Investments, adding an estimated $267M. The largest seller was Morgan Stanley, cutting an estimated $500M.

  • 817 institutional investors held CDW (CDW) as of Q3 2025, down from 848 in Q2 2025.
  • Funds reported $19.5B of CDW stock for Q3 2025, down 12% quarter-over-quarter.
  • 92 funds opened new CDW positions in Q3 2025 and 111 closed out, a net change of -19 holders.
  • The largest CDW buyer in Q3 2025 was Allspring Global Investments, an estimated $267M added.
  • The largest CDW seller in Q3 2025 was Morgan Stanley, an estimated $500M sold.

Based on aggregated 13F filings for Q3 2025.