MarketWise
MKTW
56 hedge funds and large institutions have $26M invested in MarketWise in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 10 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
160% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 10
34% more capital invested
Capital invested by funds: $19.5M → $26M (+$6.52M)
6% more funds holding
Funds holding: 53 → 56 (+3)
0.23% more ownership
Funds ownership: 1.63% → 1.86% (+0.23%)
70% less call options, than puts
Call options by funds: $24K | Put options by funds: $81K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.24M |
| 2 |
BlackRock
New York
|
+$1.63M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$431K |
| 4 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$381K |
| 5 |
State Street
Boston,
Massachusetts
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Praetorian PR
Rincon,
Puerto Rico
|
-$681K |
| 2 |
TCA
Taconic Capital Advisors
New York
|
-$114K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$44.7K |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$35.2K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$23.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
51
Amalgamated Bank
New York
| $3K | -$3.96K | -101 | -57% |
|
52
Fidelity Investments
Boston,
Massachusetts
| $2.73K | -$549 | -14 | -17% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $2.55K | – | – | – |
|
54
Group One Trading
Chicago,
Illinois
| $1.7K | +$1.69K | +43 | New |
|
55
Nisa Investment Advisors
St. Louis,
Missouri
| $296 | – | – | – |
|
56
Allianz Asset Management
Munich,
Germany
| $219 | – | – | – |
|
|
PP
57
Praetorian PR
Rincon,
Puerto Rico
| – | -$681K | -18,393 | Closed |
|
|
TCA
58
Taconic Capital Advisors
New York
| – | -$114K | -3,082 | Closed |
|
|
EI
59
Ellevest Inc
New York
| – | -$5.51K | -149 | Closed |
|
MKTW Hedge Fund Activity: Q2 2023 in Review
56 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in MarketWise (MKTW) for Q2 2023, worth a combined $26M — up 34% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MKTW positions and 3 closed out — a net gain of 5 holders — while 26 added to existing stakes and 10 trimmed.
The largest buyer was Cannell Capital, opening a new position worth an estimated $2.24M. The largest seller was Praetorian PR, exiting entirely with an estimated $681K sold.
- 56 institutional investors held MarketWise (MKTW) as of Q2 2023, up from 53 in Q1 2023.
- Funds reported $26M of MarketWise stock for Q2 2023, up 34% quarter-over-quarter.
- 8 funds opened new MarketWise positions in Q2 2023 and 3 closed out, a net change of +5 holders.
- The largest MarketWise buyer in Q2 2023 was Cannell Capital, an estimated $2.24M added.
- The largest MarketWise seller in Q2 2023 was Praetorian PR, an estimated $681K sold.
Based on aggregated 13F filings for Q2 2023.