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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.

New
Increased
Maintained
Reduced
Closed

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: 510534 (+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: 139 (-4)

Holders
534
Holders Change
+24
Holders Change %
+4.71%
% of All Funds
11.9%
Holding in Top 10
9
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-30.77%
% of All Funds
0.2%
New
85
Increased
172
Reduced
215
Closed
58
Calls
$18.1M
Puts
$15.3M
Net Calls
+$2.87M
Net Calls Change
-$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
126
Barclays
United Kingdom
$8.56M +$396K +4,603 +5%
Los Angeles Capital Management
127
Los Angeles Capital Management
California
$8.42M -$43.1K -500 -0.5%
Zurich Cantonal Bank
128
Zurich Cantonal Bank
Switzerland
$8.41M -$4.35M -50,461 -33%
Fifth Third Bancorp
129
Fifth Third Bancorp
Ohio
$8.32M -$3.63M -42,129 -29%
Janney Montgomery Scott
130
Janney Montgomery Scott
Pennsylvania
$8.12M -$109K -1,261 -1%
CRC
131
Curi RMB Capital
Illinois
$8.06M -$199K -2,312 -2%
SG Americas Securities
132
SG Americas Securities
New York
$7.91M +$7.49M +86,987 +825%
CWM
133
Cabot Wealth Management
Massachusetts
$7.87M -$10.5K -122 -0.1%
EA
134
Evanston Advisors
Illinois
$7.84M +$4.39K +51 +0.1%
SGAM
135
Smith Group Asset Management
Texas
$7.83M +$8.32M +96,580 New
BNP Paribas Financial Markets
136
BNP Paribas Financial Markets
France
$7.52M -$10.1M -116,849 -56%
HI
137
HBK Investments
Texas
$7.49M +$6.72M +77,988 +542%
BPIM
138
Brant Point Investment Management
New York
$7.17M +$1.72M +20,000 +29%
PCM
139
Penserra Capital Management
California
$6.99M +$7.38M +85,709 +15,415%
FNBT
140
FineMark National Bank & Trust
Florida
$6.96M +$265K +3,073 +4%
Robeco Institutional Asset Management
141
Robeco Institutional Asset Management
Netherlands
$6.92M +$2.27M +26,388 +45%
VOYA Investment Management
142
VOYA Investment Management
Georgia
$6.81M -$3.77M -43,828 -34%
RPI
143
Railway Pension Investments
United Kingdom
$6.67M +$7.08M +82,252 New
CSS
144
Cubist Systematic Strategies
Connecticut
$6.53M +$6.35M +73,714 +1,075%
D.E. Shaw & Co
145
D.E. Shaw & Co
New York
$6.51M -$20.6M -239,469 -75%
Thrivent Financial for Lutherans
146
Thrivent Financial for Lutherans
Minnesota
$6.39M -$16.5K -192 -0.2%
Connor, Clark & Lunn Investment Management (CC&L)
147
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$6.38M -$103K -1,200 -2%
LA
148
Leonetti & Associates
Illinois
$6.32M +$88.3K +1,025 +1%
MPM
149
Meritage Portfolio Management
Kansas
$6.1M -$182K -2,118 -3%
AG
150
Aperio Group
California
$6.07M +$1.2M +13,946 +23%

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.