CDW
667 hedge funds and large institutions have $19.1B invested in CDW in 2019 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 211 increasing their positions, 266 reducing their positions, and 26 closing their positions.
350% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 26
83% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $19.6M
14% more capital invested
Capital invested by funds: $16.8B → $19.1B (+$2.3B)
13% more funds holding
Funds holding: 589 → 667 (+78)
1.77% less ownership
Funds ownership: 94.99% → 93.22% (-1.8%)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
21% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 266
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$324M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$69.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$65.6M |
| 4 |
BlackRock
New York
|
+$30.1M |
| 5 |
Morgan Stanley
New York
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$156M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$143M |
| 3 |
JP Morgan Chase
New York
|
-$93.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$90.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$77.9M |
CDW Hedge Fund Activity: Q4 2019 in Review
667 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2019, worth a combined $19.1B — up 14% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new CDW positions and 26 closed out — a net gain of 91 holders — while 211 added to existing stakes and 266 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $324M. The largest seller was AQR Capital Management, cutting an estimated $156M.
- 667 institutional investors held CDW (CDW) as of Q4 2019, up from 589 in Q3 2019.
- Funds reported $19.1B of CDW stock for Q4 2019, up 14% quarter-over-quarter.
- 117 funds opened new CDW positions in Q4 2019 and 26 closed out, a net change of +91 holders.
- The largest CDW buyer in Q4 2019 was Fidelity Investments, an estimated $324M added.
- The largest CDW seller in Q4 2019 was AQR Capital Management, an estimated $156M sold.
Based on aggregated 13F filings for Q4 2019.