Wabtec
682 hedge funds and large institutions have $9.8B invested in Wabtec in 2020 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 195 increasing their positions, 281 reducing their positions, and 69 closing their positions.
16% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 69
1% more funds holding
Funds holding: 675 → 682 (+7)
1.19% less ownership
Funds ownership: 90.28% → 89.09% (-1.2%)
18% less capital inflows, than outflows
Capital inflows: $741M | Capital outflows: $903M
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
20% less call options, than puts
Call options by funds: $25.5M | Put options by funds: $32M
31% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 281
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$105M |
| 2 |
Sound Shore Management
Greenwich,
Connecticut
|
+$70.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.2M |
| 4 |
Shapiro Capital Management
Atlanta,
Georgia
|
+$36.3M |
| 5 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Farallon Capital Management
San Francisco,
California
|
-$113M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$89.8M |
| 3 |
Janus Henderson Group
London,
|
-$87.7M |
| 4 |
Capital Counsel
New York
|
-$52.6M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$50.4M |
WAB Hedge Fund Activity: Q2 2020 in Review
682 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q2 2020, worth a combined $9.8B — up 17% from $8.33B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new WAB positions and 69 closed out — a net gain of 11 holders — while 195 added to existing stakes and 281 trimmed.
The largest buyer was Beutel, Goodman & Co, opening a new position worth an estimated $105M. The largest seller was Farallon Capital Management, cutting an estimated $113M.
- 682 institutional investors held Wabtec (WAB) as of Q2 2020, up from 675 in Q1 2020.
- Funds reported $9.8B of Wabtec stock for Q2 2020, up 17% quarter-over-quarter.
- 80 funds opened new Wabtec positions in Q2 2020 and 69 closed out, a net change of +11 holders.
- The largest Wabtec buyer in Q2 2020 was Beutel, Goodman & Co, an estimated $105M added.
- The largest Wabtec seller in Q2 2020 was Farallon Capital Management, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2020.