Wayfair
325 hedge funds and large institutions have $6.5B invested in Wayfair in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 118 increasing their positions, 84 reducing their positions, and 39 closing their positions.
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
40% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 84
6% more funds holding
Funds holding: 306 → 325 (+19)
4% less capital invested
Capital invested by funds: $6.75B → $6.5B (-$248M)
1.76% less ownership
Funds ownership: 120.32% → 118.56% (-1.8%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
23% less call options, than puts
Call options by funds: $726M | Put options by funds: $947M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$103M |
| 2 |
Squarepoint
New York
|
+$71.5M |
| 3 |
Renaissance Technologies
New York
|
+$70.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$49M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$217M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$76.8M |
| 3 |
Goldman Sachs
New York
|
-$44.6M |
| 4 |
Jane Street
New York
|
-$36.8M |
| 5 |
Holocene Advisors
New York
|
-$30.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
351
Elequin Capital
New York
| – | -$38.5K | -592 | Closed |
|
352
Acadian Asset Management
Boston,
Massachusetts
| – | -$31K | -489 | Closed |
|
|
CA
353
Clearstead Advisors
Cleveland,
Ohio
| – | -$14.4K | -222 | Closed |
|
|
PA
354
PSI Advisors
Tampa,
Florida
| – | -$13K | -200 | Closed |
|
|
CFO
355
CVA Family Office
Denver,
Colorado
| – | -$8.13K | -125 | Closed |
|
|
FA
356
Fiduciary Alliance
Greenville,
South Carolina
| – | -$1.3K | -20 | Closed |
|
|
BTI
357
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -18 | Closed |
|
|
MIFH
358
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$1.04K | -15 | -94% |
|
359
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$910 | -14 | Closed |
|
|
PP
360
Paloma Partners
Greenwich,
Connecticut
| – | -$845 | -13 | Closed |
|
|
BCH
361
Berkshire Capital Holdings
San Jose,
California
| – | -$650 | -10 | Closed |
|
|
DI
362
Disciplined Investments
Tulsa,
Oklahoma
| – | -$390 | -6 | Closed |
|
|
FBC
363
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$260 | -4 | Closed |
|
|
MHR
364
Matthew Hamilton Rosenberg
| – | -$130 | -2 | Closed |
|
W Hedge Fund Activity: Q3 2023 in Review
325 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q3 2023, worth a combined $6.5B — down 3.7% from $6.75B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new W positions and 39 closed out — a net gain of 21 holders — while 118 added to existing stakes and 84 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $103M. The largest seller was VOYA Investment Management, cutting an estimated $217M.
- 325 institutional investors held Wayfair (W) as of Q3 2023, up from 306 in Q2 2023.
- Funds reported $6.5B of Wayfair stock for Q3 2023, down 3.7% quarter-over-quarter.
- 60 funds opened new Wayfair positions in Q3 2023 and 39 closed out, a net change of +21 holders.
- The largest Wayfair buyer in Q3 2023 was Bank of Montreal, an estimated $103M added.
- The largest Wayfair seller in Q3 2023 was VOYA Investment Management, an estimated $217M sold.
Based on aggregated 13F filings for Q3 2023.