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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
AP
76
Atwood & Palmer
Missouri
$38.1M -$1.64M -12,411 -4%
CS
77
Credit Suisse
Switzerland
$38.1M +$3.42M +25,836 +11%
DIA
78
Dana Investment Advisors
Wisconsin
$37.8M -$3.11M -23,510 -8%
Boston Partners
79
Boston Partners
Massachusetts
$37.4M -$15.1M -114,122 -30%
California State Teachers Retirement System (CalSTRS)
80
California State Teachers Retirement System (CalSTRS)
California
$37.1M +$1.98M +14,944 +6%
TD Asset Management
81
TD Asset Management
Ontario, Canada
$36.4M +$27.4M +207,118 +433%
HPC
82
HM Payson & Co
Maine
$36.1M +$3.98M +30,117 +14%
GC
83
GMT Capital
Georgia
$35.3M -$13.1M -99,330 -29%
Royal London Asset Management
84
Royal London Asset Management
United Kingdom
$34.7M +$554K +4,187 +2%
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.5M -$13.7M -103,221 -31%
Principal Financial Group
86
Principal Financial Group
Iowa
$31.3M -$1.17M -8,841 -4%
National Pension Service
87
National Pension Service
South Korea
$31.2M -$2.32M -17,560 -7%
RCAMU
88
Rothschild & Co Asset Management US
Connecticut
$31.1M -$1.29M -9,753 -4%
MSL
89
Mackay Shields LLC
New York
$30.9M +$5.85M +44,234 +26%
Fidelity International
90
Fidelity International
Bermuda
$30.3M -$5.75M -43,478 -17%
Canada Life
91
Canada Life
Manitoba, Canada
$30.1M -$1.09M -8,220 -4%
TRSOTSOK
92
Teachers Retirement System of the State of Kentucky
Kentucky
$29.9M +$17.3M +131,044 +168%
RG
93
Renaissance Group
Kentucky
$29.7M -$5.72M -43,198 -17%
WP
94
Wedgewood Partners
Missouri
$28.6M +$4.17M +31,516 +19%
RBCM
95
Raub Brock Capital Management
California
$28M +$64.3K +486 +0.2%
New York State Teachers Retirement System (NYSTRS)
96
New York State Teachers Retirement System (NYSTRS)
New York
$27.7M +$6.02M +45,521 +31%
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$27.7M -$277K -2,090 -1%
PWAG
98
Polaris Wealth Advisory Group
California
$27.6M -$3.25M -24,533 -11%
Truist Financial
99
Truist Financial
North Carolina
$26.7M +$9.17M +69,282 +59%
WCA
100
Waratah Capital Advisors
Ontario, Canada
$25.8M +$7.64M +57,726 +47%

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.