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667 hedge funds and large institutions have $19.1B invested in CDW in 2019 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 211 increasing their positions, 266 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 26

83% more call options, than puts

Call options by funds: $35.9M | Put options by funds: $19.6M

14% more capital invested

Capital invested by funds: $16.8B → $19.1B (+$2.3B)

13% more funds holding

Funds holding: 589667 (+78)

1.77% less ownership

Funds ownership: 94.99%93.22% (-1.8%)

6% less funds holding in top 10

Funds holding in top 10: 1817 (-1)

21% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 266

Holders
667
Holders Change
+78
Holders Change %
+13.24%
% of All Funds
13.14%
Holding in Top 10
17
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.56%
% of All Funds
0.33%
New
117
Increased
211
Reduced
266
Closed
26
Calls
$35.9M
Puts
$19.6M
Net Calls
+$16.3M
Net Calls Change
+$22.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.45B -$3.95M -29,890 -0.2%
BlackRock
2
BlackRock
New York
$1.68B +$30.1M +227,460 +2%
State Street
3
State Street
Massachusetts
$871M +$21.3M +161,072 +3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$846M +$324M +2,446,180 +70%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$844M -$143M -1,083,494 -15%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$624M +$3.68M +27,836 +0.6%
Select Equity Group
7
Select Equity Group
New York
$511M -$42.4M -320,356 -8%
ACM
8
Atlanta Capital Management
Georgia
$459M -$2.5M -18,866 -0.6%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$457M -$19.7M -149,005 -4%
AAMU
10
Amundi Asset Management US
Massachusetts
$424M +$69.2M +523,220 +21%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$336M +$13.8M +104,193 +5%
Wells Fargo
12
Wells Fargo
California
$311M -$32.9M -248,720 -10%
Northern Trust
13
Northern Trust
Illinois
$264M -$5.21M -39,399 -2%
American Century Companies
14
American Century Companies
Missouri
$263M -$77.9M -588,430 -24%
JP Morgan Chase
15
JP Morgan Chase
New York
$260M -$93.9M -709,880 -28%
Invesco
16
Invesco
Georgia
$243M +$18M +135,761 +9%
VOYA Investment Management
17
VOYA Investment Management
Georgia
$230M -$90.7M -685,692 -30%
Norges Bank
18
Norges Bank
Norway
$219M -$206K -1,559 -0.1%
N
19
Nuveen
North Carolina
$217M -$18.8M -142,091 -9%
AllianceBernstein
20
AllianceBernstein
Tennessee
$203M -$9.45M -71,423 -5%
FAM
21
Fenimore Asset Management
New York
$198M -$2.19M -16,569 -1%
First Trust Advisors
22
First Trust Advisors
Illinois
$173M +$65.6M +496,112 +70%
Bank of America
23
Bank of America
North Carolina
$172M -$118K -894 -0.1%
AQR Capital Management
24
AQR Capital Management
Connecticut
$167M -$156M -1,180,181 -50%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$163M +$4.94M +37,324 +3%

CDW Hedge Fund Activity: Q4 2019 in Review

667 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2019, worth a combined $19.1B — up 14% from $16.8B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new CDW positions and 26 closed out — a net gain of 91 holders — while 211 added to existing stakes and 266 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $324M. The largest seller was AQR Capital Management, cutting an estimated $156M.

  • 667 institutional investors held CDW (CDW) as of Q4 2019, up from 589 in Q3 2019.
  • Funds reported $19.1B of CDW stock for Q4 2019, up 14% quarter-over-quarter.
  • 117 funds opened new CDW positions in Q4 2019 and 26 closed out, a net change of +91 holders.
  • The largest CDW buyer in Q4 2019 was Fidelity Investments, an estimated $324M added.
  • The largest CDW seller in Q4 2019 was AQR Capital Management, an estimated $156M sold.

Based on aggregated 13F filings for Q4 2019.