Wayfair
367 hedge funds and large institutions have $9.96B invested in Wayfair in 2022 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 156 increasing their positions, 104 reducing their positions, and 104 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 104
2% more call options, than puts
Call options by funds: $936M | Put options by funds: $916M
2.43% less ownership
Funds ownership: 115.79% → 113.36% (-2.4%)
14% less funds holding
Funds holding: 425 → 367 (-58)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
42% less capital invested
Capital invested by funds: $17.1B → $9.96B (-$7.17B)
50% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$232M |
| 2 |
Jane Street
New York
|
+$87.1M |
| 3 |
Squarepoint
New York
|
+$69.2M |
| 4 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
+$54.7M |
| 5 |
Renaissance Technologies
New York
|
+$47.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$183M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$147M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$101M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$90.3M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$80.4M |
W Hedge Fund Activity: Q1 2022 in Review
367 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q1 2022, worth a combined $9.96B — down 42% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of W and 52 opened new positions — a net loss of 52 holders — while 104 trimmed existing stakes and 156 added.
The largest buyer was Bares Capital Management, adding an estimated $232M. The largest seller was Spruce House Investment Management, cutting an estimated $183M.
- 367 institutional investors held Wayfair (W) as of Q1 2022, down from 425 in Q4 2021.
- Funds reported $9.96B of Wayfair stock for Q1 2022, down 42% quarter-over-quarter.
- 52 funds opened new Wayfair positions in Q1 2022 and 104 closed out, a net change of -52 holders.
- The largest Wayfair buyer in Q1 2022 was Bares Capital Management, an estimated $232M added.
- The largest Wayfair seller in Q1 2022 was Spruce House Investment Management, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2022.