Workday
WDAY
1,070 hedge funds and large institutions have $50.5B invested in Workday in 2024 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 462 increasing their positions, 348 reducing their positions, and 88 closing their positions.
35% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 88
33% more repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 348
2% more funds holding
Funds holding: 1,051 → 1,070 (+19)
2% less capital invested
Capital invested by funds: $51.3B → $50.5B (-$801M)
1.04% less ownership
Funds ownership: 88.98% → 87.94% (-1%)
14% less funds holding in top 10
Funds holding in top 10: 36 → 31 (-5)
34% less call options, than puts
Call options by funds: $978M | Put options by funds: $1.48B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$394M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$336M |
| 3 |
D.E. Shaw & Co
New York
|
+$235M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$219M |
| 5 |
Millennium Management
New York
|
+$152M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$580M |
| 2 |
Morgan Stanley
New York
|
-$532M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$424M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$324M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
-$170M |
WDAY Hedge Fund Activity: Q1 2024 in Review
1,070 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q1 2024, worth a combined $50.5B — down 1.6% from $51.3B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new WDAY positions and 88 closed out — a net gain of 31 holders — while 462 added to existing stakes and 348 trimmed.
The largest buyer was Brown Advisory, adding an estimated $394M. The largest seller was Janus Henderson Group, cutting an estimated $580M.
- 1,070 institutional investors held Workday (WDAY) as of Q1 2024, up from 1,051 in Q4 2023.
- Funds reported $50.5B of Workday stock for Q1 2024, down 1.6% quarter-over-quarter.
- 119 funds opened new Workday positions in Q1 2024 and 88 closed out, a net change of +31 holders.
- The largest Workday buyer in Q1 2024 was Brown Advisory, an estimated $394M added.
- The largest Workday seller in Q1 2024 was Janus Henderson Group, an estimated $580M sold.
Based on aggregated 13F filings for Q1 2024.