Wayfair
141 hedge funds and large institutions have $2.04B invested in Wayfair in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 38 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
6% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $18.4M
7.92% less ownership
Funds ownership: 126.04% → 118.13% (-7.9%)
9% less funds holding
Funds holding: 155 → 141 (-14)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
15% less capital invested
Capital invested by funds: $2.38B → $2.04B (-$346M)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$62M |
| 2 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
+$49.4M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$39.3M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$29.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$115M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$39.1M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$29.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.6M |
| 5 |
EC
Eminence Capital
New York
|
-$21.2M |
W Hedge Fund Activity: Q4 2016 in Review
141 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q4 2016, worth a combined $2.04B — down 15% from $2.38B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of W and 28 opened new positions — a net loss of 10 holders — while 43 trimmed existing stakes and 55 added.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), opening a new position worth an estimated $62M. The largest seller was Wellington Management Group, cutting an estimated $115M.
- 141 institutional investors held Wayfair (W) as of Q4 2016, down from 155 in Q3 2016.
- Funds reported $2.04B of Wayfair stock for Q4 2016, down 15% quarter-over-quarter.
- 28 funds opened new Wayfair positions in Q4 2016 and 38 closed out, a net change of -10 holders.
- The largest Wayfair buyer in Q4 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $62M added.
- The largest Wayfair seller in Q4 2016 was Wellington Management Group, an estimated $115M sold.
Based on aggregated 13F filings for Q4 2016.