Wayfair
153 hedge funds and large institutions have $2.38B invested in Wayfair in 2016 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 26 closing their positions.
50% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $24M
46% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 26
9% more funds holding
Funds holding: 141 → 153 (+12)
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
5.05% less ownership
Funds ownership: 124.65% → 119.6% (-5%)
10% less capital invested
Capital invested by funds: $2.64B → $2.38B (-$263M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$107M |
| 2 |
SC
Samlyn Capital
New York
|
+$29.9M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$26.3M |
| 4 |
Jennison Associates
New York
|
+$22.1M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMPIAI
Spark Management Partners III (AIV I)
Boston,
Massachusetts
|
-$50.2M |
| 2 |
CAM
Contour Asset Management
New York
|
-$49.6M |
| 3 |
JP Morgan Chase
New York
|
-$46.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$43.5M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$22.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
176
Next Financial Group
Houston,
Texas
| – | -$47K | -1,000 | Closed |
|
177
Parallax Volatility Advisers
San Francisco,
California
| – | -$19K | -390 | Closed |
|
|
CCA
178
Catalyst Capital Advisors
Huntington,
New York
| – | -$5K | -110 | Closed |
|
|
QI
179
QS Investors
New York
| – | -$1K | -6 | Closed |
|
W Hedge Fund Activity: Q1 2016 in Review
153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q1 2016, worth a combined $2.38B — down 10% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new W positions and 26 closed out — a net gain of 12 holders — while 49 added to existing stakes and 49 trimmed.
The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $107M. The largest seller was Spark Management Partners III (AIV I), cutting an estimated $50.2M.
- 153 institutional investors held Wayfair (W) as of Q1 2016, up from 141 in Q4 2015.
- Funds reported $2.38B of Wayfair stock for Q1 2016, down 10% quarter-over-quarter.
- 38 funds opened new Wayfair positions in Q1 2016 and 26 closed out, a net change of +12 holders.
- The largest Wayfair buyer in Q1 2016 was Steadfast Capital Management, an estimated $107M added.
- The largest Wayfair seller in Q1 2016 was Spark Management Partners III (AIV I), an estimated $50.2M sold.
Based on aggregated 13F filings for Q1 2016.