CDW
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.
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: 510 → 534 (+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: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$209M |
| 2 |
Millennium Management
New York
|
+$44.3M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$36.5M |
| 4 |
Man Group
London,
United Kingdom
|
+$31.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$186M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
-$102M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$61.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$55.6M |
| 5 |
Neuberger Berman Group
New York
|
-$40.4M |
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.