CDW
570 hedge funds and large institutions have $13B invested in CDW in 2019 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 189 increasing their positions, 224 reducing their positions, and 40 closing their positions.
260% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $5.9M
98% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 40
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
19% more capital invested
Capital invested by funds: $11B → $13B (+$2.06B)
7% more funds holding
Funds holding: 535 → 570 (+35)
1.79% more ownership
Funds ownership: 90.15% → 91.93% (+1.8%)
16% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 224
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$121M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$45.7M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$40.5M |
| 4 |
Select Equity Group
New York
|
+$32.8M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIM
USS Investment Management
London,
United Kingdom
|
-$85.9M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$81.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.4M |
| 4 |
Millennium Management
New York
|
-$48.8M |
| 5 |
Goldman Sachs
New York
|
-$48.7M |
CDW Hedge Fund Activity: Q1 2019 in Review
570 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2019, worth a combined $13B — up 19% from $11B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CDW positions and 40 closed out — a net gain of 39 holders — while 189 added to existing stakes and 224 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $121M. The largest seller was USS Investment Management, exiting entirely with an estimated $85.9M sold.
- 570 institutional investors held CDW (CDW) as of Q1 2019, up from 535 in Q4 2018.
- Funds reported $13B of CDW stock for Q1 2019, up 19% quarter-over-quarter.
- 79 funds opened new CDW positions in Q1 2019 and 40 closed out, a net change of +39 holders.
- The largest CDW buyer in Q1 2019 was AQR Capital Management, an estimated $121M added.
- The largest CDW seller in Q1 2019 was USS Investment Management, an estimated $85.9M sold.
Based on aggregated 13F filings for Q1 2019.