CDW
134 hedge funds and large institutions have $2.72B invested in CDW in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 54 increasing their positions, 33 reducing their positions, and 20 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
64% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 33
43% more call options, than puts
Call options by funds: $541K | Put options by funds: $378K
27% more capital invested
Capital invested by funds: $2.14B → $2.72B (+$580M)
9% more funds holding
Funds holding: 123 → 134 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$59.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.3M |
| 3 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$36.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$33.7M |
| 5 |
RCM
Roystone Capital Management
New York
|
+$32.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEP
Providence Equity Partners
Providence,
Rhode Island
|
-$107M |
| 2 |
SCM
SAB Capital Management
New York
|
-$46.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.23M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$7.89M |
| 5 |
AIM
Assured Investment Management
New York
|
-$7.04M |
CDW Hedge Fund Activity: Q1 2014 in Review
134 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2014, worth a combined $2.72B — up 27% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CDW positions and 20 closed out — a net gain of 13 holders — while 54 added to existing stakes and 33 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $59.4M. The largest seller was Providence Equity Partners, cutting an estimated $107M.
- 134 institutional investors held CDW (CDW) as of Q1 2014, up from 123 in Q4 2013.
- Funds reported $2.72B of CDW stock for Q1 2014, up 27% quarter-over-quarter.
- 33 funds opened new CDW positions in Q1 2014 and 20 closed out, a net change of +13 holders.
- The largest CDW buyer in Q1 2014 was Fidelity Investments, an estimated $59.4M added.
- The largest CDW seller in Q1 2014 was Providence Equity Partners, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2014.