Wabtec
440 hedge funds and large institutions have $9.72B invested in Wabtec in 2018 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 132 increasing their positions, 169 reducing their positions, and 42 closing their positions.
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
3% more funds holding
Funds holding: 429 → 440 (+11)
6.15% less ownership
Funds ownership: 102.13% → 95.98% (-6.2%)
11% less call options, than puts
Call options by funds: $81.9M | Put options by funds: $92.2M
22% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 169
31% less capital inflows, than outflows
Capital inflows: $1.13B | Capital outflows: $1.64B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$327M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$107M |
| 3 |
Pictet Asset Management (UK)
London,
United Kingdom
|
+$92.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$64.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$59.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$340M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$154M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$104M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$102M |
| 5 |
Lazard Asset Management
New York
|
-$102M |
WAB Hedge Fund Activity: Q3 2018 in Review
440 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q3 2018, worth a combined $9.72B — up 0.25% from $9.69B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new WAB positions and 42 closed out — a net gain of 15 holders — while 132 added to existing stakes and 169 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $327M. The largest seller was EdgePoint Investment Group, exiting entirely with an estimated $340M sold.
- 440 institutional investors held Wabtec (WAB) as of Q3 2018, up from 429 in Q2 2018.
- Funds reported $9.72B of Wabtec stock for Q3 2018, up 0.25% quarter-over-quarter.
- 57 funds opened new Wabtec positions in Q3 2018 and 42 closed out, a net change of +15 holders.
- The largest Wabtec buyer in Q3 2018 was Capital International Investors, an estimated $327M added.
- The largest Wabtec seller in Q3 2018 was EdgePoint Investment Group, an estimated $340M sold.
Based on aggregated 13F filings for Q3 2018.