CDW
475 hedge funds and large institutions have $11.1B invested in CDW in 2018 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 163 increasing their positions, 185 reducing their positions, and 38 closing their positions.
217% more call options, than puts
Call options by funds: $22.6M | Put options by funds: $7.12M
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
53% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 38
13% more capital invested
Capital invested by funds: $9.8B → $11.1B (+$1.25B)
4% more funds holding
Funds holding: 458 → 475 (+17)
1.35% less ownership
Funds ownership: 91.53% → 90.18% (-1.4%)
12% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 185
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$63.5M |
| 2 |
Select Equity Group
New York
|
+$59.5M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$51.4M |
| 4 |
BlackRock
New York
|
+$47.3M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$154M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$119M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$104M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$90.8M |
| 5 |
JP Morgan Chase
New York
|
-$50.4M |
CDW Hedge Fund Activity: Q2 2018 in Review
475 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q2 2018, worth a combined $11.1B — up 13% from $9.8B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CDW positions and 38 closed out — a net gain of 20 holders — while 163 added to existing stakes and 185 trimmed.
The largest buyer was Fidelity International, adding an estimated $63.5M. The largest seller was Eaton Vance Management, cutting an estimated $154M.
- 475 institutional investors held CDW (CDW) as of Q2 2018, up from 458 in Q1 2018.
- Funds reported $11.1B of CDW stock for Q2 2018, up 13% quarter-over-quarter.
- 58 funds opened new CDW positions in Q2 2018 and 38 closed out, a net change of +20 holders.
- The largest CDW buyer in Q2 2018 was Fidelity International, an estimated $63.5M added.
- The largest CDW seller in Q2 2018 was Eaton Vance Management, an estimated $154M sold.
Based on aggregated 13F filings for Q2 2018.