Wayfair
417 hedge funds and large institutions have $22.5B invested in Wayfair in 2020 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 138 increasing their positions, 131 reducing their positions, and 42 closing their positions.
131% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 42
45% more capital invested
Capital invested by funds: $15.5B → $22.5B (+$7.03B)
28% more call options, than puts
Call options by funds: $2.3B | Put options by funds: $1.8B
15% more funds holding
Funds holding: 363 → 417 (+54)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
5% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 131
2.57% less ownership
Funds ownership: 115.58% → 113.01% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$392M |
| 2 |
JP Morgan Chase
New York
|
+$223M |
| 3 |
Two Sigma Advisers
New York
|
+$117M |
| 4 |
SC
Samlyn Capital
New York
|
+$80.8M |
| 5 |
Jennison Associates
New York
|
+$78.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$275M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$260M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$173M |
| 4 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$148M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
-$113M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
451
Korea Investment Corp
Seoul,
South Korea
| – | -$20K | -100 | Closed |
|
|
SPIA
452
Steward Partners Investment Advisory
New York
| – | -$20K | -100 | Closed |
|
|
OPS
453
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$12K | -60 | Closed |
|
|
BGIM
454
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$10K | -46 | Closed |
|
|
CFG
455
Citizens Financial Group
Providence,
Rhode Island
| – | -$7K | -35 | Closed |
|
|
BL
456
Balentine LLC
Atlanta,
Georgia
| – | -$6K | -29 | Closed |
|
|
KPW
457
Kore Private Wealth
New York
| – | -$3K | -18 | Closed |
|
|
FHC
458
First Horizon Corporation
Memphis,
Tennessee
| – | +$821 | +3 | New |
|
W Hedge Fund Activity: Q3 2020 in Review
417 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q3 2020, worth a combined $22.5B — up 45% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new W positions and 42 closed out — a net gain of 55 holders — while 138 added to existing stakes and 131 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $392M. The largest seller was Janus Henderson Group, cutting an estimated $275M.
- 417 institutional investors held Wayfair (W) as of Q3 2020, up from 363 in Q2 2020.
- Funds reported $22.5B of Wayfair stock for Q3 2020, up 45% quarter-over-quarter.
- 97 funds opened new Wayfair positions in Q3 2020 and 42 closed out, a net change of +55 holders.
- The largest Wayfair buyer in Q3 2020 was Baillie Gifford & Co, an estimated $392M added.
- The largest Wayfair seller in Q3 2020 was Janus Henderson Group, an estimated $275M sold.
Based on aggregated 13F filings for Q3 2020.