Wayfair
297 hedge funds and large institutions have $8.51B invested in Wayfair in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 122 increasing their positions, 77 reducing their positions, and 65 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 77
7.47% more ownership
Funds ownership: 109.68% → 117.16% (+7.5%)
8% less funds holding
Funds holding: 323 → 297 (-26)
15% less call options, than puts
Call options by funds: $376M | Put options by funds: $442M
17% less capital invested
Capital invested by funds: $10.3B → $8.51B (-$1.75B)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
38% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$369M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$197M |
| 3 |
SIG
Senator Investment Group
New York
|
+$147M |
| 4 |
JP Morgan Chase
New York
|
+$122M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
+$94.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$153M |
| 2 |
Two Sigma Advisers
New York
|
-$150M |
| 3 |
Two Sigma Investments
New York
|
-$115M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$77.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$74.7M |
W Hedge Fund Activity: Q3 2019 in Review
297 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q3 2019, worth a combined $8.51B — down 17% from $10.3B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of W and 40 opened new positions — a net loss of 25 holders — while 77 trimmed existing stakes and 122 added.
The largest buyer was Ruane, Cunniff & Goldfarb, opening a new position worth an estimated $369M. The largest seller was Renaissance Technologies, cutting an estimated $153M.
- 297 institutional investors held Wayfair (W) as of Q3 2019, down from 323 in Q2 2019.
- Funds reported $8.51B of Wayfair stock for Q3 2019, down 17% quarter-over-quarter.
- 40 funds opened new Wayfair positions in Q3 2019 and 65 closed out, a net change of -25 holders.
- The largest Wayfair buyer in Q3 2019 was Ruane, Cunniff & Goldfarb, an estimated $369M added.
- The largest Wayfair seller in Q3 2019 was Renaissance Technologies, an estimated $153M sold.
Based on aggregated 13F filings for Q3 2019.