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704 hedge funds and large institutions have $17.3B invested in CDW in 2020 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 263 increasing their positions, 236 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

197% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 39

68% more call options, than puts

Call options by funds: $17.7M | Put options by funds: $10.6M

11% more repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 236

11% more funds holding

Funds holding: 633704 (+71)

9% more capital invested

Capital invested by funds: $15.8B → $17.3B (+$1.5B)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

1.63% less ownership

Funds ownership: 92.83%91.2% (-1.6%)

Holders
704
Holders Change
+71
Holders Change %
+11.22%
% of All Funds
12.46%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.23%
New
116
Increased
263
Reduced
236
Closed
39
Calls
$17.7M
Puts
$10.6M
Net Calls
+$7.15M
Net Calls Change
+$6.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.09B -$22.3M -170,208 -1%
BlackRock
2
BlackRock
New York
$1.28B -$40.2M -307,253 -3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$1.06B -$9.69M -74,012 -0.9%
Select Equity Group
4
Select Equity Group
New York
$983M +$74M +565,290 +8%
State Street
5
State Street
Massachusetts
$724M -$28.6M -218,711 -4%
AllianceBernstein
6
AllianceBernstein
Tennessee
$680M +$87.2M +665,708 +15%
AAMU
7
Amundi Asset Management US
Massachusetts
$474M -$6.88M -52,548 -1%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$401M -$11.5M -88,056 -3%
Mawer Investment Management
9
Mawer Investment Management
Alberta, Canada
$375M +$117M +895,959 +46%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$313M +$5.36M +40,907 +2%
Lazard Asset Management
11
Lazard Asset Management
New York
$256M +$6.58M +50,283 +3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$254M -$22.5M -172,174 -8%
Kayne Anderson Rudnick Investment Management
13
Kayne Anderson Rudnick Investment Management
California
$248M -$416M -3,176,729 -63%
ACM
14
Atlanta Capital Management
Georgia
$232M -$90M -687,366 -28%
Northern Trust
15
Northern Trust
Illinois
$212M -$9.5M -72,592 -4%
Wells Fargo
16
Wells Fargo
California
$210M -$93.4M -713,449 -31%
JP Morgan Chase
17
JP Morgan Chase
New York
$209M -$22.2M -169,794 -10%
Norges Bank
18
Norges Bank
Norway
$205M -$652K -4,980 -0.3%
KBC Group
19
KBC Group
Belgium
$188M +$16M +122,470 +90%
FAM
20
Fenimore Asset Management
New York
$181M -$1.38M -10,537 -0.8%
N
21
Nuveen
North Carolina
$166M +$41.9M +320,045 +34%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$153M -$2.81M -21,459 -2%
Ameriprise
23
Ameriprise
Minnesota
$147M +$20.3M +155,055 +16%
Legal & General Group
24
Legal & General Group
United Kingdom
$144M +$1.4M +10,694 +1%
Victory Capital Management
25
Victory Capital Management
Texas
$144M -$4.18M -31,898 -3%

CDW Hedge Fund Activity: Q4 2020 in Review

704 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2020, worth a combined $17.3B — up 9.5% from $15.8B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new CDW positions and 39 closed out — a net gain of 77 holders — while 263 added to existing stakes and 236 trimmed.

The largest buyer was Mawer Investment Management, adding an estimated $117M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $416M.

  • 704 institutional investors held CDW (CDW) as of Q4 2020, up from 633 in Q3 2020.
  • Funds reported $17.3B of CDW stock for Q4 2020, up 9.5% quarter-over-quarter.
  • 116 funds opened new CDW positions in Q4 2020 and 39 closed out, a net change of +77 holders.
  • The largest CDW buyer in Q4 2020 was Mawer Investment Management, an estimated $117M added.
  • The largest CDW seller in Q4 2020 was Kayne Anderson Rudnick Investment Management, an estimated $416M sold.

Based on aggregated 13F filings for Q4 2020.