WageWorks, Inc.
WAGE
WAGE was delisted on the 29th of August, 2019.
210 hedge funds and large institutions have $2.03B invested in WageWorks, Inc. in 2019 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 67 increasing their positions, 62 reducing their positions, and 48 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
35% more capital invested
Capital invested by funds: $1.5B → $2.03B (+$524M)
15% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 48
2% more funds holding
Funds holding: 206 → 210 (+4)
8% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 62
46% less call options, than puts
Call options by funds: $7.4M | Put options by funds: $13.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$47.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$33.3M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$32.1M |
| 4 |
Citigroup
New York
|
+$25.4M |
| 5 |
Jennison Associates
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$97M |
| 2 |
FAM
Fred Alger Management
New York
|
-$66.7M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$43.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$23.1M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$20.5M |
WAGE Hedge Fund Activity: Q2 2019 in Review
210 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in WageWorks, Inc. (WAGE) for Q2 2019, worth a combined $2.03B — up 35% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new WAGE positions and 48 closed out — a net gain of 7 holders — while 67 added to existing stakes and 62 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $47.4M. The largest seller was Fidelity Investments, cutting an estimated $97M.
- 210 institutional investors held WageWorks, Inc. (WAGE) as of Q2 2019, up from 206 in Q1 2019.
- Funds reported $2.03B of WageWorks, Inc. stock for Q2 2019, up 35% quarter-over-quarter.
- 55 funds opened new WageWorks, Inc. positions in Q2 2019 and 48 closed out, a net change of +7 holders.
- The largest WageWorks, Inc. buyer in Q2 2019 was Water Island Capital, an estimated $47.4M added.
- The largest WageWorks, Inc. seller in Q2 2019 was Fidelity Investments, an estimated $97M sold.
Based on aggregated 13F filings for Q2 2019.