Wayfair
289 hedge funds and large institutions have $3.45B invested in Wayfair in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 88 increasing their positions, 93 reducing their positions, and 59 closing their positions.
9% more capital inflows, than outflows
Capital inflows: $583M | Capital outflows: $534M
0.17% more ownership
Funds ownership: 129.9% → 130.06% (+0.17%)
5% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 93
4% less funds holding
Funds holding: 300 → 289 (-11)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
12% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 59
54% less call options, than puts
Call options by funds: $461M | Put options by funds: $993M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$66.3M |
| 2 |
Morgan Stanley
New York
|
+$49.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$29.6M |
| 5 |
Newbrook Capital Advisors
New York
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$94.7M |
| 2 |
Renaissance Technologies
New York
|
-$71.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$71.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$62.1M |
| 5 |
JP Morgan Chase
New York
|
-$40.2M |
W Hedge Fund Activity: Q1 2023 in Review
289 of the 6,290 institutional investors tracked by Wall St. Rank reported a position in Wayfair (W) for Q1 2023, worth a combined $3.45B — up 4.7% from $3.29B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of W and 52 opened new positions — a net loss of 7 holders — while 93 trimmed existing stakes and 88 added.
The largest buyer was Millennium Management, adding an estimated $66.3M. The largest seller was Holocene Advisors, cutting an estimated $94.7M.
- 289 institutional investors held Wayfair (W) as of Q1 2023, down from 300 in Q4 2022.
- Funds reported $3.45B of Wayfair stock for Q1 2023, up 4.7% quarter-over-quarter.
- 52 funds opened new Wayfair positions in Q1 2023 and 59 closed out, a net change of -7 holders.
- The largest Wayfair buyer in Q1 2023 was Millennium Management, an estimated $66.3M added.
- The largest Wayfair seller in Q1 2023 was Holocene Advisors, an estimated $94.7M sold.
Based on aggregated 13F filings for Q1 2023.