Wabtec
417 hedge funds and large institutions have $7.66B invested in Wabtec in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 133 increasing their positions, 191 reducing their positions, and 48 closing their positions.
3% less capital invested
Capital invested by funds: $7.92B → $7.66B (-$261M)
4.68% less ownership
Funds ownership: 107.23% → 102.54% (-4.7%)
7% less funds holding
Funds holding: 447 → 417 (-30)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
30% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 191
41% less call options, than puts
Call options by funds: $3.51M | Put options by funds: $5.9M
42% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$649M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$261M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$44.1M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$41.8M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$68.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$45.8M |
| 4 |
Millennium Management
New York
|
-$38M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$32.4M |
WAB Hedge Fund Activity: Q1 2017 in Review
417 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q1 2017, worth a combined $7.66B — down 3.3% from $7.92B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of WAB and 28 opened new positions — a net loss of 20 holders — while 191 trimmed existing stakes and 133 added.
The largest buyer was BlackRock, adding an estimated $649M. The largest seller was Victory Capital Management, cutting an estimated $68.2M.
- 417 institutional investors held Wabtec (WAB) as of Q1 2017, down from 447 in Q4 2016.
- Funds reported $7.66B of Wabtec stock for Q1 2017, down 3.3% quarter-over-quarter.
- 28 funds opened new Wabtec positions in Q1 2017 and 48 closed out, a net change of -20 holders.
- The largest Wabtec buyer in Q1 2017 was BlackRock, an estimated $649M added.
- The largest Wabtec seller in Q1 2017 was Victory Capital Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q1 2017.