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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.

New
Increased
Maintained
Reduced
Closed

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: 589667 (+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: 1817 (-1)

21% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 266

Holders
667
Holders Change
+78
Holders Change %
+13.24%
% of All Funds
13.14%
Holding in Top 10
17
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.56%
% of All Funds
0.33%
New
117
Increased
211
Reduced
266
Closed
26
Calls
$35.9M
Puts
$19.6M
Net Calls
+$16.3M
Net Calls Change
+$22.3M
Name Holding Trade Value Shares
Change
Change in
Stake
KBC Group
51
KBC Group
Belgium
$68.5M +$24.8M +187,214 +64%
Envestnet Asset Management
52
Envestnet Asset Management
Illinois
$67.7M -$728K -5,505 -1%
ClearBridge Investments
53
ClearBridge Investments
New York
$65.8M -$17M -128,414 -22%
BAMCO Inc
54
BAMCO Inc
New York
$65.2M +$235K +1,779 +0.4%
Swiss National Bank
55
Swiss National Bank
Switzerland
$65.2M -$3.43M -25,900 -5%
EVM
56
Eaton Vance Management
Massachusetts
$60.5M -$9.53M -72,023 -15%
Victory Capital Management
57
Victory Capital Management
Texas
$60.5M -$18.4M -138,891 -25%
LA
58
LFL Advisers
Illinois
$60M -$7.43M -56,122 -12%
Robeco Institutional Asset Management
59
Robeco Institutional Asset Management
Netherlands
$57.7M -$555K -4,191 -1%
Morgan Stanley
60
Morgan Stanley
New York
$56.5M +$27.5M +208,062 +111%
Bank of Montreal
61
Bank of Montreal
Ontario, Canada
$55.9M -$4.38M -33,117 -8%
MP
62
Makaira Partners
California
$55M -$70.4M -532,000 -58%
Deutsche Bank
63
Deutsche Bank
Germany
$52.6M -$22.6M -170,718 -32%
PPA
64
Parametric Portfolio Associates
Washington
$52.1M +$1.38M +10,429 +3%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$49.7M -$3.89M -29,434 -8%
Axa
66
Axa
France
$48.2M +$7.69M +58,125 +21%
Stifel Financial
67
Stifel Financial
Missouri
$45.7M +$3.12M +23,618 +8%
WCM
68
Wedge Capital Management
North Carolina
$45.5M -$10.7M -80,695 -20%
Renaissance Technologies
69
Renaissance Technologies
New York
$44.8M -$27.6M -208,800 -40%
Barclays
70
Barclays
United Kingdom
$44.7M +$13.4M +101,205 +48%
New York State Common Retirement Fund
71
New York State Common Retirement Fund
New York
$44.6M -$1.24M -9,350 -3%
RJA
72
Raymond James & Associates
Florida
$44.3M +$559K +4,222 +1%
Lazard Asset Management
73
Lazard Asset Management
New York
$42M +$5.62M +42,466 +17%
UBS Group
74
UBS Group
Switzerland
$38.3M +$11.6M +87,699 +49%
RhumbLine Advisers
75
RhumbLine Advisers
Massachusetts
$38.1M +$2.14M +16,159 +6%

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.