CDW
824 hedge funds and large institutions have $22B invested in CDW in 2022 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 295 increasing their positions, 292 reducing their positions, and 51 closing their positions.
124% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 51
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
11% more capital invested
Capital invested by funds: $19.8B → $22B (+$2.25B)
6% more funds holding
Funds holding: 779 → 824 (+45)
3% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $13.4M
1% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 292
2.36% less ownership
Funds ownership: 93.62% → 91.26% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$243M |
| 2 |
CCM
Cantillon Capital Management
New York
|
+$88.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$39.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$39.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$150M |
| 2 |
Millennium Management
New York
|
-$96.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$89.1M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$88.8M |
| 5 |
Select Equity Group
New York
|
-$54.6M |
CDW Hedge Fund Activity: Q4 2022 in Review
824 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2022, worth a combined $22B — up 11% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new CDW positions and 51 closed out — a net gain of 63 holders — while 295 added to existing stakes and 292 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $243M. The largest seller was Victory Capital Management, cutting an estimated $150M.
- 824 institutional investors held CDW (CDW) as of Q4 2022, up from 779 in Q3 2022.
- Funds reported $22B of CDW stock for Q4 2022, up 11% quarter-over-quarter.
- 114 funds opened new CDW positions in Q4 2022 and 51 closed out, a net change of +63 holders.
- The largest CDW buyer in Q4 2022 was Morgan Stanley, an estimated $243M added.
- The largest CDW seller in Q4 2022 was Victory Capital Management, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2022.