Wayfair
201 hedge funds and large institutions have $3.96B invested in Wayfair in 2017 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 82 increasing their positions, 51 reducing their positions, and 31 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 51
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
11% more call options, than puts
Call options by funds: $145M | Put options by funds: $131M
9% more funds holding
Funds holding: 185 → 201 (+16)
4.1% less ownership
Funds ownership: 111.11% → 107.02% (-4.1%)
10% less capital invested
Capital invested by funds: $4.42B → $3.96B (-$458M)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$90.1M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$65.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.5M |
| 5 |
Renaissance Technologies
New York
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHP
Great Hill Partners
Boston,
Massachusetts
|
-$320M |
| 2 |
BPI
Battery Partners IX
Boston,
Massachusetts
|
-$34.9M |
| 3 |
HP
Harbourvest Partners
Boston,
Massachusetts
|
-$34.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$30.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
226
Paradigm Asset Management
New York
| – | -$108K | -1,400 | Closed |
|
|
AIG
227
American International Group
New York
| – | -$71K | -930 | Closed |
|
228
Envestnet Asset Management
Chicago,
Illinois
| – | -$34K | -444 | Closed |
|
229
Creative Planning
Overland Park,
Kansas
| – | -$23K | -300 | Closed |
|
|
VWA
230
V Wealth Advisors
Overland Park,
Kansas
| – | -$10K | -130 | Closed |
|
|
BRC
231
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$8K | -100 | Closed |
|
W Hedge Fund Activity: Q3 2017 in Review
201 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q3 2017, worth a combined $3.96B — down 10% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new W positions and 31 closed out — a net gain of 16 holders — while 82 added to existing stakes and 51 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $90.1M. The largest seller was Great Hill Partners, exiting entirely with an estimated $320M sold.
- 201 institutional investors held Wayfair (W) as of Q3 2017, up from 185 in Q2 2017.
- Funds reported $3.96B of Wayfair stock for Q3 2017, down 10% quarter-over-quarter.
- 47 funds opened new Wayfair positions in Q3 2017 and 31 closed out, a net change of +16 holders.
- The largest Wayfair buyer in Q3 2017 was Artisan Partners, an estimated $90.1M added.
- The largest Wayfair seller in Q3 2017 was Great Hill Partners, an estimated $320M sold.
Based on aggregated 13F filings for Q3 2017.