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345 hedge funds and large institutions have $3.05B invested in WD-40 in 2023 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 100 increasing their positions, 103 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

288% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 17

20% more capital invested

Capital invested by funds: $2.53B → $3.05B (+$516M)

13% more funds holding

Funds holding: 306345 (+39)

3.93% more ownership

Funds ownership: 91.36%95.29% (+3.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 103

25% less call options, than puts

Call options by funds: $24.4M | Put options by funds: $32.4M

Holders
345
Holders Change
+39
Holders Change %
+12.75%
% of All Funds
5.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
66
Increased
100
Reduced
103
Closed
17
Calls
$24.4M
Puts
$32.4M
Net Calls
-$7.99M
Net Calls Change
-$2.01M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$501M +$9.45M +42,349 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$387M +$691K +3,094 +0.2%
APG Asset Management
3
APG Asset Management
Netherlands
$379M +$34.3M +153,793 +10%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$153M -$1.62M -7,246 -1%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$145M -$3.9M -17,469 -3%
Morgan Stanley
6
Morgan Stanley
New York
$131M +$52.4M +234,668 +75%
State Street
7
State Street
Massachusetts
$121M +$2.49M +11,145 +2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$76.7M +$3.01M +13,471 +4%
CCA
9
Conestoga Capital Advisors
Pennsylvania
$75.2M +$696K +3,117 +1%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$71.8M -$723K -3,238 -1%
Ameriprise
11
Ameriprise
Minnesota
$53.8M -$11.6M -52,078 -19%
GCM
12
Geneva Capital Management
Wisconsin
$51.9M -$40.2K -180 -0.1%
Northern Trust
13
Northern Trust
Illinois
$46.8M +$9.64M +43,179 +28%
Renaissance Technologies
14
Renaissance Technologies
New York
$44.7M -$759K -3,400 -2%
Principal Financial Group
15
Principal Financial Group
Iowa
$44.4M -$1.03M -4,611 -2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$34.4M -$1.95M -8,747 -6%
Charles Schwab
17
Charles Schwab
California
$32.5M +$617K +2,765 +2%
Marshall Wace
18
Marshall Wace
United Kingdom
$30.6M -$10.9K -49 -0%
Man Group
19
Man Group
United Kingdom
$24.5M +$22.9M +102,573 New
Squarepoint
20
Squarepoint
New York
$23M +$6.53M +29,239 +44%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$21.4M -$276K -1,236 -1%
Wells Fargo
22
Wells Fargo
California
$21.1M -$344K -1,542 -2%
Natixis Advisors
23
Natixis Advisors
Massachusetts
$20.4M -$316K -1,417 -2%
Norges Bank
24
Norges Bank
Norway
$19.7M +$7.94M +35,567 +76%
Invesco
25
Invesco
Georgia
$16.8M +$2.31M +10,357 +17%

WDFC Hedge Fund Activity: Q4 2023 in Review

345 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in WD-40 (WDFC) for Q4 2023, worth a combined $3.05B — up 20% from $2.53B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new WDFC positions and 17 closed out — a net gain of 49 holders — while 100 added to existing stakes and 103 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $52.4M. The largest seller was First Trust Advisors, cutting an estimated $74.1M.

  • 345 institutional investors held WD-40 (WDFC) as of Q4 2023, up from 306 in Q3 2023.
  • Funds reported $3.05B of WD-40 stock for Q4 2023, up 20% quarter-over-quarter.
  • 66 funds opened new WD-40 positions in Q4 2023 and 17 closed out, a net change of +49 holders.
  • The largest WD-40 buyer in Q4 2023 was Morgan Stanley, an estimated $52.4M added.
  • The largest WD-40 seller in Q4 2023 was First Trust Advisors, an estimated $74.1M sold.

Based on aggregated 13F filings for Q4 2023.