CDW
123 hedge funds and large institutions have $2.14B invested in CDW in 2013 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 54 increasing their positions, 14 reducing their positions, and 4 closing their positions.
1,150% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 4
663% more call options, than puts
Call options by funds: $427K | Put options by funds: $56K
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
286% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 14
60% more funds holding
Funds holding: 77 → 123 (+46)
24% more capital invested
Capital invested by funds: $1.73B → $2.14B (+$412M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Makaira Partners
La Jolla,
California
|
+$74.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$59.5M |
| 3 |
SCM
SAB Capital Management
New York
|
+$44.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.8M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEP
Providence Equity Partners
Providence,
Rhode Island
|
-$146M |
| 2 |
JP Morgan Chase
New York
|
-$19.4M |
| 3 |
AIM
Assured Investment Management
New York
|
-$13.3M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
-$4.37M |
| 5 |
Morgan Stanley
New York
|
-$1.54M |
CDW Hedge Fund Activity: Q4 2013 in Review
123 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2013, worth a combined $2.14B — up 24% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CDW positions and 4 closed out — a net gain of 46 holders — while 54 added to existing stakes and 14 trimmed.
The largest buyer was Makaira Partners, opening a new position worth an estimated $74.4M. The largest seller was Providence Equity Partners, cutting an estimated $146M.
- 123 institutional investors held CDW (CDW) as of Q4 2013, up from 77 in Q3 2013.
- Funds reported $2.14B of CDW stock for Q4 2013, up 24% quarter-over-quarter.
- 50 funds opened new CDW positions in Q4 2013 and 4 closed out, a net change of +46 holders.
- The largest CDW buyer in Q4 2013 was Makaira Partners, an estimated $74.4M added.
- The largest CDW seller in Q4 2013 was Providence Equity Partners, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2013.