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570 hedge funds and large institutions have $12.9B invested in CDW in 2019 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 190 increasing their positions, 223 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 914 (+5)

23% more capital invested

Capital invested by funds: $10.5B → $12.9B (+$2.43B)

7% more funds holding

Funds holding: 535570 (+35)

1.79% more ownership

Funds ownership: 90.14%91.93% (+1.8%)

15% less repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 223

Holders
570
Holders Change
+35
Holders Change %
+6.54%
% of All Funds
12.33%
Holding in Top 10
14
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+55.56%
% of All Funds
0.3%
New
79
Increased
190
Reduced
223
Closed
40
Calls
$21.2M
Puts
$5.9M
Net Calls
+$15.3M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.48B +$285K +3,195 +0%
BlackRock
2
BlackRock
New York
$1.1B -$27.4M -307,425 -3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$861M -$6.35M -71,162 -0.8%
ACM
4
Atlanta Capital Management
Georgia
$499M +$1.49M +16,700 +0.3%
Select Equity Group
5
Select Equity Group
New York
$432M +$32.8M +367,412 +9%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$400M -$2.01M -22,493 -0.5%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$384M -$6.69M -74,915 -2%
AAMU
8
Amundi Asset Management US
Massachusetts
$361M -$81.3M -910,869 -20%
AQR Capital Management
9
AQR Capital Management
Connecticut
$328M +$121M +1,354,651 +66%
State Street
10
State Street
Massachusetts
$326M +$28.1M +314,828 +10%
JP Morgan Chase
11
JP Morgan Chase
New York
$294M +$15.1M +168,943 +6%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$231M -$49.4M -553,907 -19%
American Century Companies
13
American Century Companies
Missouri
$230M +$20.4M +228,818 +11%
FAM
14
Fenimore Asset Management
New York
$177M -$1.29M -14,493 -0.8%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$163M +$8.79M +98,492 +6%
Wells Fargo
16
Wells Fargo
California
$156M +$10.2M +114,778 +8%
Jennison Associates
17
Jennison Associates
New York
$154M -$9.54M -106,902 -6%
Bank of America
18
Bank of America
North Carolina
$148M -$12.6M -141,391 -8%
Norges Bank
19
Norges Bank
Norway
$142M +$2.22M +24,842 +2%
AllianceBernstein
20
AllianceBernstein
Tennessee
$134M -$26.5M -297,350 -18%
TCIM
21
TIAA CREF Investment Management
New York
$132M -$29.8M -333,764 -20%
MP
22
Makaira Partners
California
$124M -$2.41M -26,975 -2%
AL
23
AJO LP
Pennsylvania
$119M +$2.43M +27,232 +2%
Goldman Sachs
24
Goldman Sachs
New York
$117M -$48.7M -546,232 -31%
Janus Henderson Group
25
Janus Henderson Group
United Kingdom
$111M -$9.57M -107,195 -9%

CDW Hedge Fund Activity: Q1 2019 in Review

570 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2019, worth a combined $12.9B — up 23% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new CDW positions and 40 closed out — a net gain of 39 holders — while 190 added to existing stakes and 223 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 $12.9B of CDW stock for Q1 2019, up 23% 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.