Workday
WDAY
938 hedge funds and large institutions have $39.7B invested in Workday in 2023 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 372 increasing their positions, 305 reducing their positions, and 69 closing their positions.
75% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 69
22% more repeat investments, than reductions
Existing positions increased: 372 | Existing positions reduced: 305
5% more funds holding
Funds holding: 897 → 938 (+41)
0.75% more ownership
Funds ownership: 88.52% → 89.27% (+0.75%)
3% less capital invested
Capital invested by funds: $41B → $39.7B (-$1.28B)
24% less funds holding in top 10
Funds holding in top 10: 37 → 28 (-9)
31% less call options, than puts
Call options by funds: $681M | Put options by funds: $985M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$510M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$326M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$232M |
| 4 |
Morgan Stanley
New York
|
+$202M |
| 5 |
Tiger Global Management
New York
|
+$191M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$382M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$207M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$150M |
| 4 |
VanEck Associates
New York
|
-$146M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$121M |
WDAY Hedge Fund Activity: Q3 2023 in Review
938 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q3 2023, worth a combined $39.7B — down 3.1% from $41B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new WDAY positions and 69 closed out — a net gain of 52 holders — while 372 added to existing stakes and 305 trimmed.
The largest buyer was Viking Global Investors, adding an estimated $510M. The largest seller was Harris Associates, cutting an estimated $382M.
- 938 institutional investors held Workday (WDAY) as of Q3 2023, up from 897 in Q2 2023.
- Funds reported $39.7B of Workday stock for Q3 2023, down 3.1% quarter-over-quarter.
- 121 funds opened new Workday positions in Q3 2023 and 69 closed out, a net change of +52 holders.
- The largest Workday buyer in Q3 2023 was Viking Global Investors, an estimated $510M added.
- The largest Workday seller in Q3 2023 was Harris Associates, an estimated $382M sold.
Based on aggregated 13F filings for Q3 2023.