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704 hedge funds and large institutions have $17.3B invested in CDW in 2020 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 263 increasing their positions, 236 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

197% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 39

68% more call options, than puts

Call options by funds: $17.7M | Put options by funds: $10.6M

11% more repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 236

11% more funds holding

Funds holding: 633704 (+71)

9% more capital invested

Capital invested by funds: $15.8B → $17.3B (+$1.5B)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

1.63% less ownership

Funds ownership: 92.83%91.2% (-1.6%)

Holders
704
Holders Change
+71
Holders Change %
+11.22%
% of All Funds
12.46%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.23%
New
116
Increased
263
Reduced
236
Closed
39
Calls
$17.7M
Puts
$10.6M
Net Calls
+$7.15M
Net Calls Change
+$6.6M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
26
T. Rowe Price Associates
Maryland
$142M -$72.9K -557 -0.1%
Bessemer Group
27
Bessemer Group
New Jersey
$137M +$1.04M +7,935 +0.8%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$127M -$935K -7,145 -0.7%
Dimensional Fund Advisors
29
Dimensional Fund Advisors
Texas
$124M +$5.33M +40,729 +5%
1832 Asset Management
30
1832 Asset Management
Ontario, Canada
$121M +$4.38M +33,428 +4%
First Trust Advisors
31
First Trust Advisors
Illinois
$117M -$1.12M -8,564 -1%
Teacher Retirement System of Texas
32
Teacher Retirement System of Texas
Texas
$113M +$12.7M +96,975 +13%
Invesco
33
Invesco
Georgia
$111M -$11.8M -89,916 -10%
Bank of America
34
Bank of America
North Carolina
$110M -$22.3M -170,358 -17%
Janus Henderson Group
35
Janus Henderson Group
United Kingdom
$105M -$21.4M -163,649 -17%
Charles Schwab
36
Charles Schwab
California
$97.2M +$809K +6,180 +0.8%
BG
37
Bahl & Gaynor
Ohio
$94.8M +$500K +3,820 +0.5%
VOYA Investment Management
38
VOYA Investment Management
Georgia
$94.1M -$709K -5,416 -0.8%
Renaissance Technologies
39
Renaissance Technologies
New York
$90.3M +$19.1M +146,000 +27%
MNG
40
Manning & Napier Group
New York
$89.1M -$3.58M -27,307 -4%
GC
41
Gobi Capital
California
$87.5M
Capital World Investors
42
Capital World Investors
California
$85.7M
GT
43
Glenmede Trust
Pennsylvania
$85.6M +$348K +2,656 +0.4%
AQR Capital Management
44
AQR Capital Management
Connecticut
$84.2M -$63.7M -486,313 -43%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$75.5M -$1.3M -9,936 -2%
UBS AM
46
UBS AM
Illinois
$73.4M +$1.87M +14,305 +3%
Morgan Stanley
47
Morgan Stanley
New York
$72.3M +$20.9M +159,293 +41%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$71.6M +$5.5M +41,983 +8%
WCM
49
Wedge Capital Management
North Carolina
$71.4M +$70.3M +536,870 +10,701%
Swiss National Bank
50
Swiss National Bank
Switzerland
$71M -$1.95M -14,900 -3%

CDW Hedge Fund Activity: Q4 2020 in Review

704 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2020, worth a combined $17.3B — up 9.5% from $15.8B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new CDW positions and 39 closed out — a net gain of 77 holders — while 263 added to existing stakes and 236 trimmed.

The largest buyer was Mawer Investment Management, adding an estimated $117M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $416M.

  • 704 institutional investors held CDW (CDW) as of Q4 2020, up from 633 in Q3 2020.
  • Funds reported $17.3B of CDW stock for Q4 2020, up 9.5% quarter-over-quarter.
  • 116 funds opened new CDW positions in Q4 2020 and 39 closed out, a net change of +77 holders.
  • The largest CDW buyer in Q4 2020 was Mawer Investment Management, an estimated $117M added.
  • The largest CDW seller in Q4 2020 was Kayne Anderson Rudnick Investment Management, an estimated $416M sold.

Based on aggregated 13F filings for Q4 2020.