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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
Boston Partners
51
Boston Partners
Massachusetts
$41.1M -$1.36M -15,769 -3%
PNC Financial Services Group
52
PNC Financial Services Group
Pennsylvania
$40.5M +$958K +11,122 +2%
Swiss National Bank
53
Swiss National Bank
Switzerland
$39.9M +$629K +7,300 +2%
O
54
OppenheimerFunds
New York
$38.8M +$9.44M +109,638 +30%
Royal Bank of Canada
55
Royal Bank of Canada
Ontario, Canada
$38M -$1.89M -21,918 -4%
Bank of Montreal
56
Bank of Montreal
Ontario, Canada
$36.5M -$7.57M -87,896 -16%
Fidelity International
57
Fidelity International
Bermuda
$33.7M -$61.5M -714,408 -63%
Aberdeen Group
58
Aberdeen Group
United Kingdom
$33.5M +$16.3M +188,986 +81%
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$33.3M +$3.82M +44,318 +12%
AP
60
Atwood & Palmer
Missouri
$32.9M -$1.11M -12,912 -3%
DIA
61
Dana Investment Advisors
Wisconsin
$32.4M -$4.65M -53,951 -12%
BAMCO Inc
62
BAMCO Inc
New York
$32M +$1.78M +20,622 +6%
TA
63
Teachers Advisors
New York
$28.9M -$961K -11,158 -3%
RG
64
Renaissance Group
Kentucky
$28.7M -$4.75M -55,104 -13%
T. Rowe Price Associates
65
T. Rowe Price Associates
Maryland
$28.3M +$3.07M +35,658 +11%
CWM
66
CIBC World Markets
New York
$28M +$28.4M +330,300 +2,202%
Teacher Retirement System of Texas
67
Teacher Retirement System of Texas
Texas
$27.6M -$584K -6,779 -2%
California Public Employees Retirement System
68
California Public Employees Retirement System
California
$27.5M -$2.49M -28,947 -8%
PPA
69
Parametric Portfolio Associates
Washington
$26M -$2.2M -25,506 -7%
CM
70
Castleark Management
Illinois
$25.9M +$3.05M +35,454 +12%
CS
71
Credit Suisse
Switzerland
$25.3M +$10.8M +125,392 +67%
Deutsche Bank
72
Deutsche Bank
Germany
$24.5M -$12.4M -144,440 -32%
Asset Management One
73
Asset Management One
Japan
$23.5M -$1.13M -13,116 -4%
Renaissance Technologies
74
Renaissance Technologies
New York
$22.9M +$19.5M +226,100 +403%
RJA
75
Raymond James & Associates
Florida
$22.7M +$158K +1,829 +0.7%

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.