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841 hedge funds and large institutions have $19.6B invested in CDW in 2025 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 310 increasing their positions, 332 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 98

0.02% more ownership

Funds ownership: 92.53%92.56% (+0.02%)

7% less repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 332

1% less funds holding

Funds holding: 853841 (-12)

9% less capital invested

Capital invested by funds: $21.5B → $19.6B (-$1.84B)

14% less call options, than puts

Call options by funds: $40.8M | Put options by funds: $47.2M

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

Holders
841
Holders Change
-12
Holders Change %
-1.41%
% of All Funds
11.27%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
100
Increased
310
Reduced
332
Closed
98
Calls
$40.8M
Puts
$47.2M
Net Calls
-$6.38M
Net Calls Change
+$4.63M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.68B +$13.2M +72,550 +0.4%
BlackRock
2
BlackRock
New York
$1.83B +$67.8M +372,853 +3%
State Street
3
State Street
Massachusetts
$934M +$5.03M +27,691 +0.5%
Morgan Stanley
4
Morgan Stanley
New York
$922M -$49.1M -270,334 -4%
Select Equity Group
5
Select Equity Group
New York
$592M +$36M +198,011 +6%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$585M +$21.7M +119,398 +3%
Macquarie Group
7
Macquarie Group
Australia
$524M +$333M +1,834,072 +128%
Mawer Investment Management
8
Mawer Investment Management
Alberta, Canada
$453M -$38.7M -212,902 -7%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$448M +$68.8M +378,841 +16%
Invesco
10
Invesco
Georgia
$396M +$8.22M +45,217 +2%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$395M -$13.7M -75,559 -3%
LP
12
Longview Partners
Guernsey
$386M -$27M -148,634 -6%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$296M -$35.9M -197,442 -10%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$295M +$36.9M +203,324 +13%
Fidelity International
15
Fidelity International
Bermuda
$294M +$294M +1,618,061 +747%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$262M +$242M +1,332,454 +445%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$242M -$93.5M -514,472 -25%
Mitsubishi UFJ Asset Management
18
Mitsubishi UFJ Asset Management
Japan
$242M +$7.72M +42,472 +3%
Northern Trust
19
Northern Trust
Illinois
$237M +$6.2M +34,140 +2%
Barclays
20
Barclays
United Kingdom
$219M -$10.8M -59,368 -4%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$216M -$365K -2,008 -0.1%
FAM
22
Fenimore Asset Management
New York
$200M -$1.47M -8,071 -0.6%
Bessemer Group
23
Bessemer Group
New Jersey
$184M +$3.72M +20,462 +2%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$174M -$33.1M -182,000 -14%
Legal & General Group
25
Legal & General Group
United Kingdom
$158M +$4.1M +22,590 +2%

CDW Hedge Fund Activity: Q1 2025 in Review

841 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q1 2025, worth a combined $19.6B — down 8.6% from $21.5B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new CDW positions and 98 closed out — a net gain of 2 holders — while 310 added to existing stakes and 332 trimmed.

The largest buyer was Macquarie Group, adding an estimated $333M. The largest seller was Alyeska Investment Group, cutting an estimated $203M.

  • 841 institutional investors held CDW (CDW) as of Q1 2025, down from 853 in Q4 2024.
  • Funds reported $19.6B of CDW stock for Q1 2025, down 8.6% quarter-over-quarter.
  • 100 funds opened new CDW positions in Q1 2025 and 98 closed out, a net change of +2 holders.
  • The largest CDW buyer in Q1 2025 was Macquarie Group, an estimated $333M added.
  • The largest CDW seller in Q1 2025 was Alyeska Investment Group, an estimated $203M sold.

Based on aggregated 13F filings for Q1 2025.