Workday
WDAY
294 hedge funds and large institutions have $7.69B invested in Workday in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 117 increasing their positions, 89 reducing their positions, and 52 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 89
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
2.42% more ownership
Funds ownership: 101.01% → 103.43% (+2.4%)
8% more call options, than puts
Call options by funds: $214M | Put options by funds: $199M
4% less funds holding
Funds holding: 307 → 294 (-13)
8% less capital invested
Capital invested by funds: $8.33B → $7.69B (-$643M)
23% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$265M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$122M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
+$103M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$100M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$87.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$361M |
| 2 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$159M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$113M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$106M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$58.3M |
WDAY Hedge Fund Activity: Q3 2015 in Review
294 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q3 2015, worth a combined $7.69B — down 7.7% from $8.33B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of WDAY and 40 opened new positions — a net loss of 12 holders — while 89 trimmed existing stakes and 117 added.
The largest buyer was Fidelity Investments, adding an estimated $265M. The largest seller was T. Rowe Price Associates, cutting an estimated $361M.
- 294 institutional investors held Workday (WDAY) as of Q3 2015, down from 307 in Q2 2015.
- Funds reported $7.69B of Workday stock for Q3 2015, down 7.7% quarter-over-quarter.
- 40 funds opened new Workday positions in Q3 2015 and 52 closed out, a net change of -12 holders.
- The largest Workday buyer in Q3 2015 was Fidelity Investments, an estimated $265M added.
- The largest Workday seller in Q3 2015 was T. Rowe Price Associates, an estimated $361M sold.
Based on aggregated 13F filings for Q3 2015.