Wayfair
364 hedge funds and large institutions have $15.5B invested in Wayfair in 2020 Q2 according to their latest regulatory filings, with 137 funds opening new positions, 88 increasing their positions, 109 reducing their positions, and 49 closing their positions.
242% more capital invested
Capital invested by funds: $4.51B → $15.5B (+$10.9B)
180% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 49
31% more funds holding
Funds holding: 278 → 364 (+86)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
0% more call options, than puts
Call options by funds: $1.37B | Put options by funds: $1.37B
9.87% less ownership
Funds ownership: 125.45% → 115.58% (-9.9%)
19% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$258M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$144M |
| 3 |
Two Sigma Investments
New York
|
+$106M |
| 4 |
Two Sigma Advisers
New York
|
+$82.8M |
| 5 |
JP Morgan Chase
New York
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$330M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
-$265M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$196M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$145M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$141M |
W Hedge Fund Activity: Q2 2020 in Review
364 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q2 2020, worth a combined $15.5B — up 242% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new W positions and 49 closed out — a net gain of 88 holders — while 88 added to existing stakes and 109 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $258M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $330M.
- 364 institutional investors held Wayfair (W) as of Q2 2020, up from 278 in Q1 2020.
- Funds reported $15.5B of Wayfair stock for Q2 2020, up 242% quarter-over-quarter.
- 137 funds opened new Wayfair positions in Q2 2020 and 49 closed out, a net change of +88 holders.
- The largest Wayfair buyer in Q2 2020 was D.E. Shaw & Co, an estimated $258M added.
- The largest Wayfair seller in Q2 2020 was Ruane, Cunniff & Goldfarb, an estimated $330M sold.
Based on aggregated 13F filings for Q2 2020.