WD-40
WDFC
306 hedge funds and large institutions have $2.53B invested in WD-40 in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 80 increasing their positions, 108 reducing their positions, and 22 closing their positions.
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
8% more capital invested
Capital invested by funds: $2.34B → $2.53B (+$192M)
6% more funds holding
Funds holding: 288 → 306 (+18)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.12% less ownership
Funds ownership: 92.48% → 91.36% (-1.1%)
20% less call options, than puts
Call options by funds: $23.5M | Put options by funds: $29.5M
26% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22.2M |
| 2 |
Squarepoint
New York
|
+$8.74M |
| 3 |
D.E. Shaw & Co
New York
|
+$7.55M |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$6.55M |
| 5 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$18.9M |
| 2 |
Neuberger Berman Group
New York
|
-$18.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.3M |
| 4 |
BlackRock
New York
|
-$8.9M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$7.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$943 | -5 | Closed |
|
|
DI
327
Disciplined Investments
Tulsa,
Oklahoma
| – | -$377 | -2 | Closed |
|
|
AW
328
Avion Wealth
The Woodlands,
Texas
| – | +$428 | +2 | New |
|
WDFC Hedge Fund Activity: Q3 2023 in Review
306 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in WD-40 (WDFC) for Q3 2023, worth a combined $2.53B — up 8.2% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new WDFC positions and 22 closed out — a net gain of 20 holders — while 80 added to existing stakes and 108 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $22.2M. The largest seller was Norges Bank, cutting an estimated $18.9M.
- 306 institutional investors held WD-40 (WDFC) as of Q3 2023, up from 288 in Q2 2023.
- Funds reported $2.53B of WD-40 stock for Q3 2023, up 8.2% quarter-over-quarter.
- 42 funds opened new WD-40 positions in Q3 2023 and 22 closed out, a net change of +20 holders.
- The largest WD-40 buyer in Q3 2023 was Morgan Stanley, an estimated $22.2M added.
- The largest WD-40 seller in Q3 2023 was Norges Bank, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2023.