Wayfair
214 hedge funds and large institutions have $4.51B invested in Wayfair in 2018 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 78 increasing their positions, 67 reducing their positions, and 38 closing their positions.
193% more call options, than puts
Call options by funds: $249M | Put options by funds: $84.9M
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
16% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 67
7.87% more ownership
Funds ownership: 114.12% → 121.99% (+7.9%)
2% more funds holding
Funds holding: 210 → 214 (+4)
10% less capital invested
Capital invested by funds: $5.02B → $4.51B (-$508M)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$156M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$125M |
| 3 |
SHIM
Spruce House Investment Management
New York
|
+$84M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$50.7M |
| 5 |
JP Morgan Chase
New York
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.7M |
| 2 |
HP
Harbourvest Partners
Boston,
Massachusetts
|
-$43.3M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$27.8M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$25.7M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$24.1M |
W Hedge Fund Activity: Q1 2018 in Review
214 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q1 2018, worth a combined $4.51B — down 10% from $5.02B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new W positions and 38 closed out — a net gain of 9 holders — while 78 added to existing stakes and 67 trimmed.
The largest buyer was Carmignac Gestion, adding an estimated $156M. The largest seller was Wellington Management Group, cutting an estimated $43.7M.
- 214 institutional investors held Wayfair (W) as of Q1 2018, up from 210 in Q4 2017.
- Funds reported $4.51B of Wayfair stock for Q1 2018, down 10% quarter-over-quarter.
- 47 funds opened new Wayfair positions in Q1 2018 and 38 closed out, a net change of +9 holders.
- The largest Wayfair buyer in Q1 2018 was Carmignac Gestion, an estimated $156M added.
- The largest Wayfair seller in Q1 2018 was Wellington Management Group, an estimated $43.7M sold.
Based on aggregated 13F filings for Q1 2018.