MarketWise
MKTW
51 hedge funds and large institutions have $12.8M invested in MarketWise in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 7 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
8% more call options, than puts
Call options by funds: $14K | Put options by funds: $13K
0.18% less ownership
Funds ownership: 1.86% → 1.68% (-0.18%)
9% less funds holding
Funds holding: 56 → 51 (-5)
51% less capital invested
Capital invested by funds: $26M → $12.8M (-$13.2M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$405K |
| 2 |
BlackRock
New York
|
+$85.9K |
| 3 |
State Street
Boston,
Massachusetts
|
+$58K |
| 4 |
Morgan Stanley
New York
|
+$40.8K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$36.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$670K |
| 2 |
Bank of New York Mellon
New York
|
-$425K |
| 3 |
EAM
Eschler Asset Management
London,
United Kingdom
|
-$222K |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$188K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$93.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $27 | -$16K | -471 | -100% |
|
|
EAM
52
Eschler Asset Management
London,
United Kingdom
| – | -$222K | -5,543 | Closed |
|
|
WCMNY
53
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$188K | -4,706 | Closed |
|
|
54
Citadel Advisors
Miami,
Florida
| – | -$93.9K | -2,348 | Closed |
|
|
RJA
55
Raymond James & Associates
St Petersburg,
Florida
| – | -$34K | -849 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$28K | -712 | Closed |
|
57
Wolverine Trading
Chicago,
Illinois
| – | -$26.1K | -655 | Closed |
|
|
AGM
58
Alpine Global Management
New York
| – | -$24.8K | -620 | Closed |
|
MKTW Hedge Fund Activity: Q3 2023 in Review
51 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in MarketWise (MKTW) for Q3 2023, worth a combined $12.8M — down 51% from $26M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MKTW and 2 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was Formidable Asset Management, adding an estimated $405K. The largest seller was Cannell Capital, cutting an estimated $670K.
- 51 institutional investors held MarketWise (MKTW) as of Q3 2023, down from 56 in Q2 2023.
- Funds reported $12.8M of MarketWise stock for Q3 2023, down 51% quarter-over-quarter.
- 2 funds opened new MarketWise positions in Q3 2023 and 7 closed out, a net change of -5 holders.
- The largest MarketWise buyer in Q3 2023 was Formidable Asset Management, an estimated $405K added.
- The largest MarketWise seller in Q3 2023 was Cannell Capital, an estimated $670K sold.
Based on aggregated 13F filings for Q3 2023.