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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.

New
Increased
Maintained
Reduced
Closed

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: 297299 (+2)

0% more funds holding in top 10

Funds holding in top 10: 99 (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)

Holders
299
Holders Change
+2
Holders Change %
+0.67%
% of All Funds
5.89%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.18%
New
65
Increased
101
Reduced
83
Closed
54
Calls
$358M
Puts
$379M
Net Calls
-$20.7M
Net Calls Change
+$46.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$891M +$13M +139,223 +1%
SHIM
2
Spruce House Investment Management
New York
$633M +$257M +2,750,000 +65%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$559M +$205M +2,193,617 +55%
Vanguard Group
4
Vanguard Group
Pennsylvania
$499M +$3.3M +35,390 +0.6%
BCM
5
Bares Capital Management
Texas
$399M +$188M +2,011,660 +84%
RCG
6
Ruane, Cunniff & Goldfarb
New York
$361M +$104M +1,114,873 +39%
PGP
7
Prescott General Partners
Florida
$318M
Morgan Stanley
8
Morgan Stanley
New York
$316M +$48.1M +515,917 +17%
BlackRock
9
BlackRock
New York
$287M -$5.11M -54,741 -2%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$253M +$68.6M +735,095 +36%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$207M -$2.82M -30,217 -1%
Principal Financial Group
12
Principal Financial Group
Iowa
$187M +$17.1M +183,283 +10%
Goldman Sachs
13
Goldman Sachs
New York
$137M +$32M +343,320 +29%
WRCM
14
Whale Rock Capital Management
Massachusetts
$125M -$54M -579,277 -30%
State Street
15
State Street
Massachusetts
$115M +$276K +2,962 +0.2%
AIM
16
Allen Investment Management
New York
$99.1M +$3.73M +40,000 +4%
JP Morgan Chase
17
JP Morgan Chase
New York
$95.6M -$152M -1,632,756 -61%
William Blair Investment Management
18
William Blair Investment Management
Illinois
$86.2M -$11.7M -124,941 -12%
Bank of America
19
Bank of America
North Carolina
$82.7M -$3.18M -34,056 -4%
WM
20
Wishbone Management
Illinois
$74.3M +$76.7M +822,638 New
Citigroup
21
Citigroup
New York
$66.2M +$8.97M +96,118 +15%
Grantham, Mayo, Van Otterloo & Co (GMO)
22
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$60.8M +$10M +107,500 +19%
Artisan Partners
23
Artisan Partners
Wisconsin
$58.2M -$25.5M -273,364 -30%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$57.9M +$1.73M +18,551 +3%
Squarepoint
25
Squarepoint
New York
$52.1M +$5.83M +62,525 +12%

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.