Workday
WDAY
898 hedge funds and large institutions have $41B invested in Workday in 2023 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 339 increasing their positions, 290 reducing their positions, and 90 closing their positions.
41% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 90
17% more repeat investments, than reductions
Existing positions increased: 339 | Existing positions reduced: 290
9% more capital invested
Capital invested by funds: $37.5B → $41B (+$3.49B)
3% more funds holding
Funds holding: 869 → 898 (+29)
0.59% less ownership
Funds ownership: 89.11% → 88.52% (-0.59%)
12% less funds holding in top 10
Funds holding in top 10: 42 → 37 (-5)
19% less call options, than puts
Call options by funds: $580M | Put options by funds: $718M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$776M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$480M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$230M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$130M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$338M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$255M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$181M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$178M |
| 5 |
JP Morgan Chase
New York
|
-$164M |
WDAY Hedge Fund Activity: Q2 2023 in Review
898 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q2 2023, worth a combined $41B — up 9.3% from $37.5B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new WDAY positions and 90 closed out — a net gain of 37 holders — while 339 added to existing stakes and 290 trimmed.
The largest buyer was Polen Capital Management, opening a new position worth an estimated $776M. The largest seller was Lone Pine Capital, cutting an estimated $338M.
- 898 institutional investors held Workday (WDAY) as of Q2 2023, up from 869 in Q1 2023.
- Funds reported $41B of Workday stock for Q2 2023, up 9.3% quarter-over-quarter.
- 127 funds opened new Workday positions in Q2 2023 and 90 closed out, a net change of +37 holders.
- The largest Workday buyer in Q2 2023 was Polen Capital Management, an estimated $776M added.
- The largest Workday seller in Q2 2023 was Lone Pine Capital, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2023.