Wayfair
299 hedge funds and large institutions have $7.3B invested in Wayfair in 2019 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 101 increasing their positions, 83 reducing their positions, and 54 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 83
20% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 54
5.64% more ownership
Funds ownership: 117.16% → 122.79% (+5.6%)
1% more funds holding
Funds holding: 297 → 299 (+2)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
5% less call options, than puts
Call options by funds: $358M | Put options by funds: $379M
14% less capital invested
Capital invested by funds: $8.51B → $7.3B (-$1.22B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$257M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$205M |
| 3 |
BCM
Bares Capital Management
Austin,
Texas
|
+$188M |
| 4 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$104M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$152M |
| 2 |
SIG
Senator Investment Group
New York
|
-$129M |
| 3 |
D.E. Shaw & Co
New York
|
-$128M |
| 4 |
Renaissance Technologies
New York
|
-$96.8M |
| 5 |
Tiger Global Management
New York
|
-$57.2M |
W Hedge Fund Activity: Q4 2019 in Review
299 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q4 2019, worth a combined $7.3B — down 14% from $8.51B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new W positions and 54 closed out — a net gain of 11 holders — while 101 added to existing stakes and 83 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $257M. The largest seller was JP Morgan Chase, cutting an estimated $152M.
- 299 institutional investors held Wayfair (W) as of Q4 2019, up from 297 in Q3 2019.
- Funds reported $7.3B of Wayfair stock for Q4 2019, down 14% quarter-over-quarter.
- 65 funds opened new Wayfair positions in Q4 2019 and 54 closed out, a net change of +11 holders.
- The largest Wayfair buyer in Q4 2019 was Spruce House Investment Management, an estimated $257M added.
- The largest Wayfair seller in Q4 2019 was JP Morgan Chase, an estimated $152M sold.
Based on aggregated 13F filings for Q4 2019.