Wabtec
WAB
418 hedge funds and large institutions have $7.2B invested in Wabtec in 2016 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 149 increasing their positions, 169 reducing their positions, and 65 closing their positions.
76% more call options, than puts
Call options by funds: $9.64M | Put options by funds: $5.49M
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
9% more capital invested
Capital invested by funds: $6.6B → $7.2B (+$600M)
4.75% more ownership
Funds ownership: 96.38% → 101.13% (+4.7%)
3% less funds holding
Funds holding: 431 → 418 (-13)
12% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 169
15% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$174M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$133M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$105M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$58.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$249M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$70.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$61.5M |
| 4 |
CC
Capital Counsel
New York
|
-$44.5M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$39.1M |
WAB Hedge Fund Activity: Q1 2016 in Review
418 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q1 2016, worth a combined $7.2B — up 9.1% from $6.6B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of WAB and 55 opened new positions — a net loss of 10 holders — while 169 trimmed existing stakes and 149 added.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $174M. The largest seller was Fidelity Investments, cutting an estimated $249M.
- 418 institutional investors held Wabtec (WAB) as of Q1 2016, down from 431 in Q4 2015.
- Funds reported $7.2B of Wabtec stock for Q1 2016, up 9.1% quarter-over-quarter.
- 55 funds opened new Wabtec positions in Q1 2016 and 65 closed out, a net change of -10 holders.
- The largest Wabtec buyer in Q1 2016 was Baillie Gifford & Co, an estimated $174M added.
- The largest Wabtec seller in Q1 2016 was Fidelity Investments, an estimated $249M sold.
Based on aggregated 13F filings for Q1 2016.