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265 hedge funds and large institutions have $4.9B invested in CDW in 2015 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 108 increasing their positions, 73 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 34

48% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 73

43% more call options, than puts

Call options by funds: $75.4M | Put options by funds: $52.8M

9% more funds holding

Funds holding: 244265 (+21)

7% more capital invested

Capital invested by funds: $4.57B → $4.9B (+$337M)

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

Holders
265
Holders Change
+21
Holders Change %
+8.61%
% of All Funds
7.06%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.21%
New
57
Increased
108
Reduced
73
Closed
34
Calls
$75.4M
Puts
$52.8M
Net Calls
+$22.6M
Net Calls Change
+$21.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PEP
1
Providence Equity Partners
Rhode Island
$748M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$495M +$24.6M +676,093 +5%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$435M +$144M +3,947,674 +51%
Vanguard Group
4
Vanguard Group
Pennsylvania
$343M +$40.2M +1,104,895 +14%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$195M +$28.3M +778,102 +17%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$123M -$1.49M -40,953 -1%
Hotchkis & Wiley Capital Management
7
Hotchkis & Wiley Capital Management
California
$101M +$8.03M +220,400 +9%
BIT
8
BlackRock Institutional Trust
California
$99.4M +$10.5M +289,436 +12%
LCM
9
Lakewood Capital Management
New York
$89.8M
Allianz Asset Management
10
Allianz Asset Management
Germany
$88.8M +$20.1M +552,952 +30%
MP
11
Makaira Partners
California
$88.7M
RCM
12
Roystone Capital Management
New York
$86M -$34.2M -940,300 -29%
AR
13
Advisory Research
Illinois
$84.4M +$22.7M +622,667 +38%
Bessemer Group
14
Bessemer Group
New Jersey
$75.6M +$73.9M +2,028,658 +326,676%
FAM
15
Fenimore Asset Management
New York
$67.5M -$52.4K -1,440 -0.1%
NMVA
16
New Mountain Vantage Advisers
New York
$61.9M -$8.35M -229,252 -12%
AllianceBernstein
17
AllianceBernstein
Tennessee
$61M -$1.62M -44,360 -3%
ACM
18
Atlanta Capital Management
Georgia
$59.5M +$58.1M +1,596,722 New
Capital World Investors
19
Capital World Investors
California
$55.9M
Invesco
20
Invesco
Georgia
$51.1M -$708K -19,430 -1%
GAM
21
Gotham Asset Management
New York
$47.7M -$4.07M -111,735 -8%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$42.1M +$3.05M +83,835 +8%
Millennium Management
23
Millennium Management
New York
$40.5M +$927K +25,468 +2%
GCM
24
Glenview Capital Management
New York
$40.2M -$172M -4,713,520 -81%
State Street
25
State Street
Massachusetts
$39.2M +$1.27M +34,846 +3%

CDW Hedge Fund Activity: Q1 2015 in Review

265 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2015, worth a combined $4.9B — up 7.4% from $4.57B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new CDW positions and 34 closed out — a net gain of 23 holders — while 108 added to existing stakes and 73 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $144M. The largest seller was Glenview Capital Management, cutting an estimated $172M.

  • 265 institutional investors held CDW (CDW) as of Q1 2015, up from 244 in Q4 2014.
  • Funds reported $4.9B of CDW stock for Q1 2015, up 7.4% quarter-over-quarter.
  • 57 funds opened new CDW positions in Q1 2015 and 34 closed out, a net change of +23 holders.
  • The largest CDW buyer in Q1 2015 was Wellington Management Group, an estimated $144M added.
  • The largest CDW seller in Q1 2015 was Glenview Capital Management, an estimated $172M sold.

Based on aggregated 13F filings for Q1 2015.