WESCO International
212 hedge funds and large institutions have $4.26B invested in WESCO International in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 85 reducing their positions, and 34 closing their positions.
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
2% less funds holding
Funds holding: 216 → 212 (-4)
16% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 85
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31.73% less ownership
Funds ownership: 157.6% → 125.87% (-32%)
40% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $21.8M
42% less capital invested
Capital invested by funds: $7.39B → $4.26B (-$3.14B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$87.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$59.7M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$50.8M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$43.9M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$3.69B |
| 2 |
TP
Third Point
New York
|
-$74.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$51.1M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$45.5M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$43.9M |
WCC Hedge Fund Activity: Q3 2013 in Review
212 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in WESCO International (WCC) for Q3 2013, worth a combined $4.26B — down 42% from $7.39B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of WCC and 32 opened new positions — a net loss of 2 holders — while 85 trimmed existing stakes and 71 added.
The largest buyer was EdgePoint Investment Group, opening a new position worth an estimated $87.2M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $3.69B sold.
- 212 institutional investors held WESCO International (WCC) as of Q3 2013, down from 216 in Q2 2013.
- Funds reported $4.26B of WESCO International stock for Q3 2013, down 42% quarter-over-quarter.
- 32 funds opened new WESCO International positions in Q3 2013 and 34 closed out, a net change of -2 holders.
- The largest WESCO International buyer in Q3 2013 was EdgePoint Investment Group, an estimated $87.2M added.
- The largest WESCO International seller in Q3 2013 was BNP Paribas Financial Markets, an estimated $3.69B sold.
Based on aggregated 13F filings for Q3 2013.