Wabtec
886 hedge funds and large institutions have $20.7B invested in Wabtec in 2023 Q4 according to their latest regulatory filings, with 140 funds opening new positions, 278 increasing their positions, 291 reducing their positions, and 62 closing their positions.
126% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 62
56% more call options, than puts
Call options by funds: $51.6M | Put options by funds: $33.1M
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
19% more capital invested
Capital invested by funds: $17.4B → $20.7B (+$3.3B)
8% more funds holding
Funds holding: 818 → 886 (+68)
0.18% less ownership
Funds ownership: 91.41% → 91.23% (-0.18%)
4% less repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 291
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$77M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$67.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$57.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$57.3M |
| 5 |
JCM
Junto Capital Management
New York
|
+$56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$333M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$261M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$40M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$33.2M |
| 5 |
SCM
Sahana Capital Management
Greenwich,
Connecticut
|
-$32M |
WAB Hedge Fund Activity: Q4 2023 in Review
886 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Wabtec (WAB) for Q4 2023, worth a combined $20.7B — up 19% from $17.4B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new WAB positions and 62 closed out — a net gain of 78 holders — while 278 added to existing stakes and 291 trimmed.
The largest buyer was Farallon Capital Management, adding an estimated $77M. The largest seller was Pzena Investment Management, cutting an estimated $333M.
- 886 institutional investors held Wabtec (WAB) as of Q4 2023, up from 818 in Q3 2023.
- Funds reported $20.7B of Wabtec stock for Q4 2023, up 19% quarter-over-quarter.
- 140 funds opened new Wabtec positions in Q4 2023 and 62 closed out, a net change of +78 holders.
- The largest Wabtec buyer in Q4 2023 was Farallon Capital Management, an estimated $77M added.
- The largest Wabtec seller in Q4 2023 was Pzena Investment Management, an estimated $333M sold.
Based on aggregated 13F filings for Q4 2023.