Wabtec
436 hedge funds and large institutions have $7.68B invested in Wabtec in 2016 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 132 increasing their positions, 190 reducing their positions, and 54 closing their positions.
117% more funds holding in top 10
Funds holding in top 10: 6 → 13 (+7)
17% more capital invested
Capital invested by funds: $6.56B → $7.68B (+$1.12B)
1.23% more ownership
Funds ownership: 103.65% → 104.88% (+1.2%)
1% less call options, than puts
Call options by funds: $21.8M | Put options by funds: $22.1M
7% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 54
2% less funds holding
Funds holding: 444 → 436 (-8)
31% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 190
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$78.1M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$69.2M |
| 3 |
AP
Altarock Partners
West Palm Beach,
Florida
|
+$61.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.8M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$321M |
| 2 |
Morgan Stanley
New York
|
-$35.2M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$22.3M |
| 4 |
Renaissance Technologies
New York
|
-$21.9M |
| 5 |
Select Equity Group
New York
|
-$20M |
WAB Hedge Fund Activity: Q3 2016 in Review
436 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q3 2016, worth a combined $7.68B — up 17% from $6.56B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of WAB and 50 opened new positions — a net loss of 4 holders — while 190 trimmed existing stakes and 132 added.
The largest buyer was Findlay Park Partners, opening a new position worth an estimated $78.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $321M.
- 436 institutional investors held Wabtec (WAB) as of Q3 2016, down from 444 in Q2 2016.
- Funds reported $7.68B of Wabtec stock for Q3 2016, up 17% quarter-over-quarter.
- 50 funds opened new Wabtec positions in Q3 2016 and 54 closed out, a net change of -4 holders.
- The largest Wabtec buyer in Q3 2016 was Findlay Park Partners, an estimated $78.1M added.
- The largest Wabtec seller in Q3 2016 was T. Rowe Price Associates, an estimated $321M sold.
Based on aggregated 13F filings for Q3 2016.