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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
Northern Trust
26
Northern Trust
Illinois
$93.4M +$21.7M +252,256 +28%
UIM
27
USS Investment Management
United Kingdom
$85.9M -$102M -1,183,249 -53%
Dimensional Fund Advisors
28
Dimensional Fund Advisors
Texas
$72.2M +$2.47M +28,710 +3%
MIH
29
Madison Investment Holdings
Wisconsin
$70.6M -$26.5M -308,220 -26%
Capital World Investors
30
Capital World Investors
California
$68.9M
First Trust Advisors
31
First Trust Advisors
Illinois
$62.6M +$3.03M +35,187 +5%
Prudential Financial
32
Prudential Financial
New Jersey
$62.4M +$30M +347,870 +82%
PAM
33
Panagora Asset Management
Massachusetts
$61.8M +$19.5M +226,068 +42%
Legal & General Group
34
Legal & General Group
United Kingdom
$59.1M +$4.23M +49,122 +7%
Bank of New York Mellon
35
Bank of New York Mellon
New York
$57.3M -$12M -138,976 -16%
1832 Asset Management
36
1832 Asset Management
Ontario, Canada
$56.4M -$163K -1,887 -0.3%
ClearBridge Investments
37
ClearBridge Investments
New York
$56M -$2.2M -25,519 -4%
Allianz Asset Management
38
Allianz Asset Management
Germany
$55.2M +$5.74M +66,688 +11%
Baird Financial Group
39
Baird Financial Group
Wisconsin
$53.6M +$1.65M +19,132 +3%
Millennium Management
40
Millennium Management
New York
$52.1M +$44.3M +514,231 +398%
Man Group
41
Man Group
United Kingdom
$51.4M +$31.7M +367,894 +138%
Charles Schwab
42
Charles Schwab
California
$51.4M +$1.12M +12,948 +2%
GC
43
GMT Capital
Georgia
$48.5M -$21.2M -246,160 -29%
Ameriprise
44
Ameriprise
Minnesota
$48.5M -$55.6M -645,658 -52%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$47.7M +$9.9M +114,905 +24%
Victory Capital Management
46
Victory Capital Management
Texas
$47.4M -$7.69M -89,281 -13%
UBS AM
47
UBS AM
Illinois
$46.2M -$559K -6,495 -1%
LA
48
LFL Advisers
Illinois
$44.7M -$3.1M -36,000 -6%
BG
49
Bahl & Gaynor
Ohio
$43.7M +$10.3M +119,499 +28%
EVM
50
Eaton Vance Management
Massachusetts
$42.9M -$31.2M -362,166 -41%

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.