CDW
814 hedge funds and large institutions have $24.8B invested in CDW in 2023 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 310 increasing their positions, 320 reducing their positions, and 68 closing their positions.
54% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $13.1M
12% more capital invested
Capital invested by funds: $22B → $24.8B (+$2.73B)
2.96% more ownership
Funds ownership: 92.02% → 94.98% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 68
3% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 320
1% less funds holding
Funds holding: 825 → 814 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$625M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$297M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$284M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$150M |
| 5 |
CCM
Cantillon Capital Management
New York
|
+$141M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$264M |
| 2 |
Select Equity Group
New York
|
-$225M |
| 3 |
Millennium Management
New York
|
-$83.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$65.2M |
| 5 |
Renaissance Technologies
New York
|
-$65.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
876
Truvestments Capital
Sarasota,
Florida
| – | -$3.04K | -17 | Closed |
|
877
Group One Trading
Chicago,
Illinois
| – | -$1.96K | -10 | Closed |
|
|
ADL
878
Asset Dedication LLC
San Francisco,
California
| – | -$2K | -8 | Closed |
|
|
SC
879
Sierra Capital
Miami,
Florida
| – | -$1K | -5 | Closed |
|
|
GI
880
Gradient Investments
Arden Hills,
Minnesota
| – | -$714 | -4 | Closed |
|
|
GKIM
881
GW&K Investment Management
Boston,
Massachusetts
| – | +$196 | +1 | New |
|
|
AW
882
Avion Wealth
The Woodlands,
Texas
| – | +$589 | +3 | New |
|
CDW Hedge Fund Activity: Q1 2023 in Review
814 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2023, worth a combined $24.8B — up 12% from $22B a quarter earlier.
Fund positioning in CDW was balanced in Q1 2023: 68 funds opened new positions, 68 closed out, 310 added to existing stakes and 320 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $625M. The largest seller was Wellington Management Group, cutting an estimated $264M.
- 814 institutional investors held CDW (CDW) as of Q1 2023, down from 825 in Q4 2022.
- Funds reported $24.8B of CDW stock for Q1 2023, up 12% quarter-over-quarter.
- 68 funds opened new CDW positions in Q1 2023 and 68 closed out, a net change of 0 holders.
- The largest CDW buyer in Q1 2023 was Morgan Stanley, an estimated $625M added.
- The largest CDW seller in Q1 2023 was Wellington Management Group, an estimated $264M sold.
Based on aggregated 13F filings for Q1 2023.