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Workday

569 hedge funds and large institutions have $20.5B invested in Workday in 2020 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 223 increasing their positions, 190 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $387M | Put options by funds: $297M

17% more repeat investments, than reductions

Existing positions increased: 223 | Existing positions reduced: 190

0.57% more ownership

Funds ownership: 92.05%92.63% (+0.57%)

4% less funds holding

Funds holding: 592569 (-23)

13% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 98

19% less capital invested

Capital invested by funds: $25.2B → $20.5B (-$4.75B)

25% less funds holding in top 10

Funds holding in top 10: 1612 (-4)

Holders
569
Holders Change
-23
Holders Change %
-3.89%
% of All Funds
12.54%
Holding in Top 10
12
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-25%
% of All Funds
0.26%
New
85
Increased
223
Reduced
190
Closed
98
Calls
$387M
Puts
$297M
Net Calls
+$90.1M
Net Calls Change
+$296M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$2.6B -$442M -2,622,920 -12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.34B +$49.7M +294,835 +3%
BlackRock
3
BlackRock
New York
$1.13B +$87.8M +521,094 +6%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.03B -$691M -4,100,676 -34%
Morgan Stanley
5
Morgan Stanley
New York
$962M -$367M -2,180,932 -23%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$927M +$81M +480,953 +7%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$919M +$312M +1,852,603 +36%
Jennison Associates
8
Jennison Associates
New York
$850M +$179M +1,062,497 +19%
Sands Capital Management
9
Sands Capital Management
Virginia
$484M -$308M -1,827,793 -33%
State Street
10
State Street
Massachusetts
$464M +$16.3M +96,849 +3%
BCM
11
Bares Capital Management
Texas
$395M +$96.7M +573,757 +23%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$378M +$489M +2,903,475 New
Franklin Resources
13
Franklin Resources
California
$324M +$27.8M +165,170 +7%
Viking Global Investors
14
Viking Global Investors
Connecticut
$321M +$415M +2,461,978 New
Tiger Global Management
15
Tiger Global Management
New York
$302M +$344M +2,040,000 +734%
Bank of America
16
Bank of America
North Carolina
$270M +$109M +648,204 +46%
Goldman Sachs
17
Goldman Sachs
New York
$258M +$117M +696,001 +54%
JP Morgan Chase
18
JP Morgan Chase
New York
$218M +$67.3M +399,279 +31%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$216M +$39M +231,657 +16%
DFO
20
Duquesne Family Office
New York
$215M +$22.5M +133,656 +9%
Norges Bank
21
Norges Bank
Norway
$196M +$8.38M +49,764 +3%
CIP
22
Champlain Investment Partners
Vermont
$194M +$47.3M +281,025 +23%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$194M +$6.21M +36,836 +3%
Citadel Advisors
24
Citadel Advisors
Florida
$193M -$124M -736,372 -33%
Capital World Investors
25
Capital World Investors
California
$181M -$372M -2,207,739 -61%

WDAY Hedge Fund Activity: Q1 2020 in Review

569 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q1 2020, worth a combined $20.5B — down 19% from $25.2B a quarter earlier.

Sellers outnumbered buyers: 98 funds closed out of WDAY and 85 opened new positions — a net loss of 13 holders — while 190 trimmed existing stakes and 223 added.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $489M. The largest seller was Fidelity Investments, cutting an estimated $691M.

  • 569 institutional investors held Workday (WDAY) as of Q1 2020, down from 592 in Q4 2019.
  • Funds reported $20.5B of Workday stock for Q1 2020, down 19% quarter-over-quarter.
  • 85 funds opened new Workday positions in Q1 2020 and 98 closed out, a net change of -13 holders.
  • The largest Workday buyer in Q1 2020 was Loomis, Sayles & Company, an estimated $489M added.
  • The largest Workday seller in Q1 2020 was Fidelity Investments, an estimated $691M sold.

Based on aggregated 13F filings for Q1 2020.