Workday
WDAY
1,042 hedge funds and large institutions have $41.1B invested in Workday in 2024 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 486 increasing their positions, 312 reducing their positions, and 131 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 486 | Existing positions reduced: 312
8% less first-time investments, than exits
New positions opened: 120 | Existing positions closed: 131
1.16% less ownership
Funds ownership: 87.94% → 86.78% (-1.2%)
3% less funds holding
Funds holding: 1,070 → 1,042 (-28)
3% less funds holding in top 10
Funds holding in top 10: 31 → 30 (-1)
12% less call options, than puts
Call options by funds: $1.19B | Put options by funds: $1.34B
19% less capital invested
Capital invested by funds: $50.5B → $41.1B (-$9.4B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
+$702M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$634M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$630M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$350M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$245M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.2B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$601M |
| 3 |
Jane Street
New York
|
-$411M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$400M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$386M |
WDAY Hedge Fund Activity: Q2 2024 in Review
1,042 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Workday (WDAY) for Q2 2024, worth a combined $41.1B — down 19% from $50.5B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of WDAY and 120 opened new positions — a net loss of 11 holders — while 312 trimmed existing stakes and 486 added.
The largest buyer was Eagle Capital Management (New York), opening a new position worth an estimated $702M. The largest seller was JP Morgan Chase, cutting an estimated $1.2B.
- 1,042 institutional investors held Workday (WDAY) as of Q2 2024, down from 1,070 in Q1 2024.
- Funds reported $41.1B of Workday stock for Q2 2024, down 19% quarter-over-quarter.
- 120 funds opened new Workday positions in Q2 2024 and 131 closed out, a net change of -11 holders.
- The largest Workday buyer in Q2 2024 was Eagle Capital Management (New York), an estimated $702M added.
- The largest Workday seller in Q2 2024 was JP Morgan Chase, an estimated $1.2B sold.
Based on aggregated 13F filings for Q2 2024.