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841 hedge funds and large institutions have $19.6B invested in CDW in 2025 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 310 increasing their positions, 332 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 98

0.02% more ownership

Funds ownership: 92.53%92.56% (+0.02%)

7% less repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 332

1% less funds holding

Funds holding: 853841 (-12)

9% less capital invested

Capital invested by funds: $21.5B → $19.6B (-$1.84B)

14% less call options, than puts

Call options by funds: $40.8M | Put options by funds: $47.2M

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

Holders
841
Holders Change
-12
Holders Change %
-1.41%
% of All Funds
11.27%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
100
Increased
310
Reduced
332
Closed
98
Calls
$40.8M
Puts
$47.2M
Net Calls
-$6.38M
Net Calls Change
+$4.63M
Name Holding Trade Value Shares
Change
Change in
Stake
National Pension Service
76
National Pension Service
South Korea
$37.2M +$4.92M +27,074 +13%
SIC
77
Schwartz Investment Counsel
Michigan
$36.7M +$12.2M +67,000 +41%
California State Teachers Retirement System (CalSTRS)
78
California State Teachers Retirement System (CalSTRS)
California
$36M -$325K -1,789 -0.8%
Citigroup
79
Citigroup
New York
$35.8M +$14.1M +77,603 +53%
LPPI
80
Local Pensions Partnership Investment
United Kingdom
$35.3M -$2.91M -16,000 -7%
Qube Research & Technologies (QRT)
81
Qube Research & Technologies (QRT)
United Kingdom
$34.9M -$65.8M -361,905 -62%
Wells Fargo
82
Wells Fargo
California
$34M +$16M +87,961 +71%
Envestnet Asset Management
83
Envestnet Asset Management
Illinois
$33.3M +$6.49M +35,737 +21%
BCWM
84
Bartlett & Co Wealth Management
Ohio
$31.5M -$335K -1,843 -0.9%
Nomura Asset Management
85
Nomura Asset Management
Japan
$31.3M -$39.4M -216,657 -53%
Squarepoint
86
Squarepoint
New York
$31.1M -$22.4M -123,042 -39%
Bank of Montreal
87
Bank of Montreal
Ontario, Canada
$30.8M +$4.49M +24,721 +15%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
88
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$29.3M +$26.5M +145,709 +390%
APG Asset Management
89
APG Asset Management
Netherlands
$27.5M -$3.41M -18,775 -9%
VNIM
90
Vaughan Nelson Investment Management
Texas
$27.4M +$7.62M +41,940 +33%
Millennium Management
91
Millennium Management
New York
$26.8M -$35.8M -196,761 -54%
Principal Financial Group
92
Principal Financial Group
Iowa
$26.7M -$285K -1,567 -0.9%
Raymond James Financial
93
Raymond James Financial
Florida
$26.4M +$1.52M +8,389 +5%
FCM
94
Frontier Capital Management
Massachusetts
$26.1M +$29.5M +162,565 New
AP
95
Atwood & Palmer
Missouri
$25M -$184K -1,011 -0.6%
MP
96
Makaira Partners
California
$24.9M -$41.3M -227,493 -59%
BRIM
97
Broad Run Investment Management
Virginia
$24.5M -$3.42M -18,798 -11%
Victory Capital Management
98
Victory Capital Management
Texas
$23.6M +$2.68M +14,774 +11%
CGA
99
Crescent Grove Advisors
Illinois
$22.9M +$760K +4,184 +3%
WP
100
Wedgewood Partners
Missouri
$21.8M +$4.51M +24,817 +27%

CDW Hedge Fund Activity: Q1 2025 in Review

841 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2025, worth a combined $19.6B — down 8.6% from $21.5B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new CDW positions and 98 closed out — a net gain of 2 holders — while 310 added to existing stakes and 332 trimmed.

The largest buyer was Macquarie Group, adding an estimated $333M. The largest seller was Alyeska Investment Group, cutting an estimated $203M.

  • 841 institutional investors held CDW (CDW) as of Q1 2025, down from 853 in Q4 2024.
  • Funds reported $19.6B of CDW stock for Q1 2025, down 8.6% quarter-over-quarter.
  • 100 funds opened new CDW positions in Q1 2025 and 98 closed out, a net change of +2 holders.
  • The largest CDW buyer in Q1 2025 was Macquarie Group, an estimated $333M added.
  • The largest CDW seller in Q1 2025 was Alyeska Investment Group, an estimated $203M sold.

Based on aggregated 13F filings for Q1 2025.