Weave Communications
WEAV
140 hedge funds and large institutions have $444M invested in Weave Communications in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 38 reducing their positions, and 28 closing their positions.
108% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $488K
74% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 38
2.5% less ownership
Funds ownership: 71.64% → 69.14% (-2.5%)
7% less funds holding
Funds holding: 151 → 140 (-11)
24% less capital invested
Capital invested by funds: $580M → $444M (-$137M)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$12.5M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.95M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$4.8M |
| 4 |
BlackRock
New York
|
+$2.67M |
| 5 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.48M |
| 3 |
Morgan Stanley
New York
|
-$4.73M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.54M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$3.44M |
WEAV Hedge Fund Activity: Q2 2024 in Review
140 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Weave Communications (WEAV) for Q2 2024, worth a combined $444M — down 24% from $580M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of WEAV and 20 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 66 added.
The largest buyer was Axa, opening a new position worth an estimated $12.5M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $11.1M sold.
- 140 institutional investors held Weave Communications (WEAV) as of Q2 2024, down from 151 in Q1 2024.
- Funds reported $444M of Weave Communications stock for Q2 2024, down 24% quarter-over-quarter.
- 20 funds opened new Weave Communications positions in Q2 2024 and 28 closed out, a net change of -8 holders.
- The largest Weave Communications buyer in Q2 2024 was Axa, an estimated $12.5M added.
- The largest Weave Communications seller in Q2 2024 was Driehaus Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2024.