Werner Enterprises
WERN
228 hedge funds and large institutions have $1.43B invested in Werner Enterprises in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 91 reducing their positions, and 44 closing their positions.
183% more call options, than puts
Call options by funds: $3.79M | Put options by funds: $1.34M
5% less funds holding
Funds holding: 240 → 228 (-12)
5.22% less ownership
Funds ownership: 73.05% → 67.83% (-5.2%)
23% less capital invested
Capital invested by funds: $1.85B → $1.43B (-$424M)
25% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 44
25% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$14.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.03M |
| 3 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$5.95M |
| 4 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$5.43M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$42.4M |
| 2 |
Bank of New York Mellon
New York
|
-$40.3M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$15.9M |
| 4 |
Morgan Stanley
New York
|
-$10M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$7.25M |
WERN Hedge Fund Activity: Q4 2018 in Review
228 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Werner Enterprises (WERN) for Q4 2018, worth a combined $1.43B — down 23% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of WERN and 33 opened new positions — a net loss of 11 holders — while 91 trimmed existing stakes and 68 added.
The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $14.2M. The largest seller was AllianceBernstein, cutting an estimated $42.4M.
- 228 institutional investors held Werner Enterprises (WERN) as of Q4 2018, down from 240 in Q3 2018.
- Funds reported $1.43B of Werner Enterprises stock for Q4 2018, down 23% quarter-over-quarter.
- 33 funds opened new Werner Enterprises positions in Q4 2018 and 44 closed out, a net change of -11 holders.
- The largest Werner Enterprises buyer in Q4 2018 was Investment Counselors of Maryland, an estimated $14.2M added.
- The largest Werner Enterprises seller in Q4 2018 was AllianceBernstein, an estimated $42.4M sold.
Based on aggregated 13F filings for Q4 2018.