CDW
796 hedge funds and large institutions have $16.8B invested in CDW in 2025 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 246 increasing their positions, 339 reducing their positions, and 116 closing their positions.
1.2% more ownership
Funds ownership: 93.53% → 94.72% (+1.2%)
9% more call options, than puts
Call options by funds: $32.5M | Put options by funds: $29.8M
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
4% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 116
3% less funds holding
Funds holding: 819 → 796 (-23)
14% less capital invested
Capital invested by funds: $19.5B → $16.8B (-$2.74B)
27% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 339
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$627M |
| 2 |
BlackRock
New York
|
+$241M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$154M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$119M |
| 5 |
JP Morgan Chase
New York
|
+$78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$390M |
| 2 |
Select Equity Group
New York
|
-$277M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$179M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$138M |
| 5 |
Neuberger Berman Group
New York
|
-$110M |
CDW Hedge Fund Activity: Q4 2025 in Review
796 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in CDW (CDW) for Q4 2025, worth a combined $16.8B — down 14% from $19.5B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of CDW and 111 opened new positions — a net loss of 5 holders — while 339 trimmed existing stakes and 246 added.
The largest buyer was Harris Associates, adding an estimated $627M. The largest seller was Macquarie Group, cutting an estimated $390M.
- 796 institutional investors held CDW (CDW) as of Q4 2025, down from 819 in Q3 2025.
- Funds reported $16.8B of CDW stock for Q4 2025, down 14% quarter-over-quarter.
- 111 funds opened new CDW positions in Q4 2025 and 116 closed out, a net change of -5 holders.
- The largest CDW buyer in Q4 2025 was Harris Associates, an estimated $627M added.
- The largest CDW seller in Q4 2025 was Macquarie Group, an estimated $390M sold.
Based on aggregated 13F filings for Q4 2025.