CDW
634 hedge funds and large institutions have $15.8B invested in CDW in 2020 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 243 increasing their positions, 224 reducing their positions, and 92 closing their positions.
1.34% more ownership
Funds ownership: 91.45% → 92.78% (+1.3%)
8% more repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 224
6% more call options, than puts
Call options by funds: $9.81M | Put options by funds: $9.26M
5% more capital invested
Capital invested by funds: $15.1B → $15.8B (+$707M)
5% less funds holding
Funds holding: 668 → 634 (-34)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
30% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$114M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$109M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$83.7M |
| 4 |
MNG
Manning & Napier Group
Fairport,
New York
|
+$78.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$89.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$64.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$53.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$37.9M |
| 5 |
BlackRock
New York
|
-$36.4M |
CDW Hedge Fund Activity: Q3 2020 in Review
634 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q3 2020, worth a combined $15.8B — up 4.7% from $15.1B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of CDW and 64 opened new positions — a net loss of 28 holders — while 224 trimmed existing stakes and 243 added.
The largest buyer was Select Equity Group, adding an estimated $114M. The largest seller was Fidelity Investments, cutting an estimated $89.1M.
- 634 institutional investors held CDW (CDW) as of Q3 2020, down from 668 in Q2 2020.
- Funds reported $15.8B of CDW stock for Q3 2020, up 4.7% quarter-over-quarter.
- 64 funds opened new CDW positions in Q3 2020 and 92 closed out, a net change of -28 holders.
- The largest CDW buyer in Q3 2020 was Select Equity Group, an estimated $114M added.
- The largest CDW seller in Q3 2020 was Fidelity Investments, an estimated $89.1M sold.
Based on aggregated 13F filings for Q3 2020.