Western Digital
WDC
681 hedge funds and large institutions have $20.7B invested in Western Digital in 2024 Q1 according to their latest regulatory filings, with 149 funds opening new positions, 243 increasing their positions, 197 reducing their positions, and 67 closing their positions.
122% more first-time investments, than exits
New positions opened: 149 | Existing positions closed: 67
59% more call options, than puts
Call options by funds: $1.46B | Put options by funds: $920M
58% more funds holding in top 10
Funds holding in top 10: 19 → 30 (+11)
28% more capital invested
Capital invested by funds: $16.1B → $20.7B (+$4.58B)
23% more repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 197
12% more funds holding
Funds holding: 607 → 681 (+74)
2.3% less ownership
Funds ownership: 125.65% → 123.35% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$718M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$222M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$173M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$154M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$517M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$508M |
| 3 |
Millennium Management
New York
|
-$331M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$327M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$211M |
WDC Hedge Fund Activity: Q1 2024 in Review
681 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Digital (WDC) for Q1 2024, worth a combined $20.7B — up 28% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 149 funds opened new WDC positions and 67 closed out — a net gain of 82 holders — while 243 added to existing stakes and 197 trimmed.
The largest buyer was Bank of America, adding an estimated $718M. The largest seller was Morgan Stanley, cutting an estimated $517M.
- 681 institutional investors held Western Digital (WDC) as of Q1 2024, up from 607 in Q4 2023.
- Funds reported $20.7B of Western Digital stock for Q1 2024, up 28% quarter-over-quarter.
- 149 funds opened new Western Digital positions in Q1 2024 and 67 closed out, a net change of +82 holders.
- The largest Western Digital buyer in Q1 2024 was Bank of America, an estimated $718M added.
- The largest Western Digital seller in Q1 2024 was Morgan Stanley, an estimated $517M sold.
Based on aggregated 13F filings for Q1 2024.