CDW
510 hedge funds and large institutions have $12.1B invested in CDW in 2018 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 164 increasing their positions, 200 reducing their positions, and 33 closing their positions.
277% more call options, than puts
Call options by funds: $23.4M | Put options by funds: $6.21M
115% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 33
9% more capital invested
Capital invested by funds: $11.1B → $12.1B (+$1.05B)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
7% more funds holding
Funds holding: 475 → 510 (+35)
0.24% less ownership
Funds ownership: 90.18% → 89.94% (-0.24%)
18% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 200
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$79.4M |
| 2 |
Goldman Sachs
New York
|
+$77.9M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$61.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$46.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$150M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$90.9M |
| 3 |
JP Morgan Chase
New York
|
-$37.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.8M |
| 5 |
UIM
USS Investment Management
London,
United Kingdom
|
-$29M |
CDW Hedge Fund Activity: Q3 2018 in Review
510 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q3 2018, worth a combined $12.1B — up 9.5% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new CDW positions and 33 closed out — a net gain of 38 holders — while 164 added to existing stakes and 200 trimmed.
The largest buyer was Select Equity Group, adding an estimated $79.4M. The largest seller was Fidelity Investments, cutting an estimated $150M.
- 510 institutional investors held CDW (CDW) as of Q3 2018, up from 475 in Q2 2018.
- Funds reported $12.1B of CDW stock for Q3 2018, up 9.5% quarter-over-quarter.
- 71 funds opened new CDW positions in Q3 2018 and 33 closed out, a net change of +38 holders.
- The largest CDW buyer in Q3 2018 was Select Equity Group, an estimated $79.4M added.
- The largest CDW seller in Q3 2018 was Fidelity Investments, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2018.