Workday
WDAY
870 hedge funds and large institutions have $37.5B invested in Workday in 2023 Q1 according to their latest regulatory filings, with 152 funds opening new positions, 336 increasing their positions, 266 reducing their positions, and 72 closing their positions.
111% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 72
26% more repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 266
26% more capital invested
Capital invested by funds: $29.9B → $37.5B (+$7.63B)
8% more funds holding
Funds holding: 805 → 870 (+65)
2% more funds holding in top 10
Funds holding in top 10: 41 → 42 (+1)
0.62% more ownership
Funds ownership: 88.49% → 89.11% (+0.62%)
3% less call options, than puts
Call options by funds: $680M | Put options by funds: $701M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$403M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$320M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$274M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$153M |
| 5 |
Neuberger Berman Group
New York
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$249M |
| 2 |
Goldman Sachs
New York
|
-$128M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$118M |
| 4 |
CAM
Contour Asset Management
New York
|
-$114M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$111M |
WDAY Hedge Fund Activity: Q1 2023 in Review
870 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q1 2023, worth a combined $37.5B — up 26% from $29.9B a quarter earlier.
Buyers outnumbered sellers: 152 funds opened new WDAY positions and 72 closed out — a net gain of 80 holders — while 336 added to existing stakes and 266 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $403M. The largest seller was Citadel Advisors, cutting an estimated $249M.
- 870 institutional investors held Workday (WDAY) as of Q1 2023, up from 805 in Q4 2022.
- Funds reported $37.5B of Workday stock for Q1 2023, up 26% quarter-over-quarter.
- 152 funds opened new Workday positions in Q1 2023 and 72 closed out, a net change of +80 holders.
- The largest Workday buyer in Q1 2023 was JP Morgan Chase, an estimated $403M added.
- The largest Workday seller in Q1 2023 was Citadel Advisors, an estimated $249M sold.
Based on aggregated 13F filings for Q1 2023.