Wayfair
284 hedge funds and large institutions have $6.58B invested in Wayfair in 2018 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 105 increasing their positions, 60 reducing their positions, and 60 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 60
43% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 60
10.35% more ownership
Funds ownership: 107.97% → 118.33% (+10%)
10% more funds holding
Funds holding: 259 → 284 (+25)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
31% less capital invested
Capital invested by funds: $9.51B → $6.58B (-$2.93B)
32% less call options, than puts
Call options by funds: $192M | Put options by funds: $282M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$199M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$104M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$97.6M |
| 4 |
Citigroup
New York
|
+$69.9M |
| 5 |
Morgan Stanley
New York
|
+$69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$172M |
| 2 |
HCM
Hitchwood Capital Management
New York
|
-$88.6M |
| 3 |
Two Sigma Investments
New York
|
-$63.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$50.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.1M |
W Hedge Fund Activity: Q4 2018 in Review
284 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q4 2018, worth a combined $6.58B — down 31% from $9.51B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new W positions and 60 closed out — a net gain of 26 holders — while 105 added to existing stakes and 60 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $199M. The largest seller was Carmignac Gestion, exiting entirely with an estimated $172M sold.
- 284 institutional investors held Wayfair (W) as of Q4 2018, up from 259 in Q3 2018.
- Funds reported $6.58B of Wayfair stock for Q4 2018, down 31% quarter-over-quarter.
- 86 funds opened new Wayfair positions in Q4 2018 and 60 closed out, a net change of +26 holders.
- The largest Wayfair buyer in Q4 2018 was Adage Capital Partners, an estimated $199M added.
- The largest Wayfair seller in Q4 2018 was Carmignac Gestion, an estimated $172M sold.
Based on aggregated 13F filings for Q4 2018.