Wayfair
318 hedge funds and large institutions have $10.9B invested in Wayfair in 2019 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 103 increasing their positions, 104 reducing their positions, and 38 closing their positions.
89% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 38
66% more capital invested
Capital invested by funds: $6.59B → $10.9B (+$4.35B)
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
12% more funds holding
Funds holding: 285 → 318 (+33)
1% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 104
7.57% less ownership
Funds ownership: 122.57% → 115.01% (-7.6%)
24% less call options, than puts
Call options by funds: $371M | Put options by funds: $489M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$239M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$208M |
| 3 |
Renaissance Technologies
New York
|
+$182M |
| 4 |
D.E. Shaw & Co
New York
|
+$142M |
| 5 |
Morgan Stanley
New York
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$319M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$291M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$133M |
| 4 |
SCM
Scopia Capital Management
New York
|
-$110M |
| 5 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$90.1M |
W Hedge Fund Activity: Q1 2019 in Review
318 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q1 2019, worth a combined $10.9B — up 66% from $6.59B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new W positions and 38 closed out — a net gain of 34 holders — while 103 added to existing stakes and 104 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $239M. The largest seller was Adage Capital Partners, cutting an estimated $319M.
- 318 institutional investors held Wayfair (W) as of Q1 2019, up from 285 in Q4 2018.
- Funds reported $10.9B of Wayfair stock for Q1 2019, up 66% quarter-over-quarter.
- 72 funds opened new Wayfair positions in Q1 2019 and 38 closed out, a net change of +34 holders.
- The largest Wayfair buyer in Q1 2019 was Fidelity International, an estimated $239M added.
- The largest Wayfair seller in Q1 2019 was Adage Capital Partners, an estimated $319M sold.
Based on aggregated 13F filings for Q1 2019.