Wabtec
432 hedge funds and large institutions have $6.61B invested in Wabtec in 2015 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 176 increasing their positions, 147 reducing their positions, and 71 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 147
1.74% more ownership
Funds ownership: 94.64% → 96.38% (+1.7%)
4% less funds holding
Funds holding: 448 → 432 (-16)
18% less capital invested
Capital invested by funds: $8.06B → $6.61B (-$1.44B)
18% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 71
58% less funds holding in top 10
Funds holding in top 10: 19 → 8 (-11)
73% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $36.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$258M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$200M |
| 3 |
Select Equity Group
New York
|
+$83.2M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$64.2M |
| 5 |
Millennium Management
New York
|
+$58.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tran Capital Management
San Rafael,
California
|
-$213M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$93.2M |
| 3 |
Neuberger Berman Group
New York
|
-$83.6M |
| 4 |
O
OppenheimerFunds
New York
|
-$76.1M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$41.9M |
WAB Hedge Fund Activity: Q4 2015 in Review
432 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q4 2015, worth a combined $6.61B — down 18% from $8.06B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of WAB and 58 opened new positions — a net loss of 13 holders — while 147 trimmed existing stakes and 176 added.
The largest buyer was Fidelity Investments, adding an estimated $258M. The largest seller was Tran Capital Management, cutting an estimated $213M.
- 432 institutional investors held Wabtec (WAB) as of Q4 2015, down from 448 in Q3 2015.
- Funds reported $6.61B of Wabtec stock for Q4 2015, down 18% quarter-over-quarter.
- 58 funds opened new Wabtec positions in Q4 2015 and 71 closed out, a net change of -13 holders.
- The largest Wabtec buyer in Q4 2015 was Fidelity Investments, an estimated $258M added.
- The largest Wabtec seller in Q4 2015 was Tran Capital Management, an estimated $213M sold.
Based on aggregated 13F filings for Q4 2015.