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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
WBC
626
Westpac Banking Corp
Australia
$123K -$107K -631 -45%
AA
627
Ancora Advisors
Ohio
$123K
PWMG
628
Prestige Wealth Management Group
New Jersey
$121K
SC
629
Steph & Co
Wisconsin
$119K +$9.86K +58 +8%
PCM
630
Penserra Capital Management
California
$115K +$1.36K +8 +1%
MPWT
631
MassMutual Private Wealth & Trust
Connecticut
$112K -$19.2K -113 -14%
CI
632
CX Institutional
Indiana
$108K -$89.7K -528 -44%
NA
633
NewEdge Advisors
Louisiana
$106K -$5.61K -33 -5%
BBHC
634
Brown Brothers Harriman & Co
New York
$105K -$77K -453 -41%
RIL
635
Rothschild Investment LLC
Illinois
$94.5K -$340 -2 -0.3%
SWM
636
Spire Wealth Management
Virginia
$82.2K +$170 +1 +0.2%
GEA
637
Glen Eagle Advisors
New Jersey
$80.4K +$37.4K +220 +77%
TF
638
Tompkins Financial
New York
$79.6K
MSWM
639
Mowery & Schoenfeld Wealth Management
Illinois
$79.5K
CSP
640
Cary Street Partners
Virginia
$79.4K -$75.1K -442 -47%
TCOT
641
Trust Company of Toledo
Ohio
$78.8K -$44K -259 -34%
CAL
642
Capital Analysts LLC
Pennsylvania
$78K +$33.6K +198 +69%
C
643
Covestor
United Kingdom
$77K +$38.4K +226 +88%
JWA
644
JFS Wealth Advisors
Pennsylvania
$73.5K -$510 -3 -0.6%
AT
645
Avalon Trust
New Mexico
$72.6K +$77.5K +456 New
WT
646
Whittier Trust
California
$71.7K
LSA
647
Leonteq Securities AG
Switzerland
$64.8K +$21.9K +129 +46%
TIM
648
Thompson Investment Management
Wisconsin
$62.9K
DWA
649
Dougherty Wealth Advisers
Minnesota
$62.8K
SL
650
Salomon & Ludwin
Virginia
$60K +$23.3K +137 +57%

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.