Wabtec
402 hedge funds and large institutions have $7.9B invested in Wabtec in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 137 increasing their positions, 156 reducing their positions, and 50 closing their positions.
66% more call options, than puts
Call options by funds: $6.43M | Put options by funds: $3.87M
1.85% more ownership
Funds ownership: 106.9% → 108.75% (+1.8%)
4% less funds holding
Funds holding: 420 → 402 (-18)
12% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 156
16% less capital invested
Capital invested by funds: $9.38B → $7.9B (-$1.48B)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
32% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$197M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$94.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$70M |
| 4 |
Lazard Asset Management
New York
|
+$41.4M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$97.3M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$85M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$50.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$47.5M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$35.7M |
WAB Hedge Fund Activity: Q3 2017 in Review
402 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q3 2017, worth a combined $7.9B — down 16% from $9.38B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of WAB and 34 opened new positions — a net loss of 16 holders — while 156 trimmed existing stakes and 137 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $197M. The largest seller was William Blair Investment Management, cutting an estimated $97.3M.
- 402 institutional investors held Wabtec (WAB) as of Q3 2017, down from 420 in Q2 2017.
- Funds reported $7.9B of Wabtec stock for Q3 2017, down 16% quarter-over-quarter.
- 34 funds opened new Wabtec positions in Q3 2017 and 50 closed out, a net change of -16 holders.
- The largest Wabtec buyer in Q3 2017 was EdgePoint Investment Group, an estimated $197M added.
- The largest Wabtec seller in Q3 2017 was William Blair Investment Management, an estimated $97.3M sold.
Based on aggregated 13F filings for Q3 2017.