Wabtec
WAB
775 hedge funds and large institutions have $14.4B invested in Wabtec in 2019 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 200 increasing their positions, 319 reducing their positions, and 77 closing their positions.
86% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 77
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
7% more funds holding
Funds holding: 723 → 775 (+52)
5% more capital invested
Capital invested by funds: $13.7B → $14.4B (+$726M)
2.68% less ownership
Funds ownership: 99.35% → 96.67% (-2.7%)
37% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 319
52% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $61.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$154M |
| 2 |
Millennium Management
New York
|
+$66M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$48.9M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$39.1M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$378M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$347M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$88.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$67M |
| 5 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$26.8M |
WAB Hedge Fund Activity: Q4 2019 in Review
775 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q4 2019, worth a combined $14.4B — up 5.3% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new WAB positions and 77 closed out — a net gain of 66 holders — while 200 added to existing stakes and 319 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $154M. The largest seller was Capital International Investors, cutting an estimated $378M.
- 775 institutional investors held Wabtec (WAB) as of Q4 2019, up from 723 in Q3 2019.
- Funds reported $14.4B of Wabtec stock for Q4 2019, up 5.3% quarter-over-quarter.
- 143 funds opened new Wabtec positions in Q4 2019 and 77 closed out, a net change of +66 holders.
- The largest Wabtec buyer in Q4 2019 was Pzena Investment Management, an estimated $154M added.
- The largest Wabtec seller in Q4 2019 was Capital International Investors, an estimated $378M sold.
Based on aggregated 13F filings for Q4 2019.