Werner Enterprises
WERN
252 hedge funds and large institutions have $2.09B invested in Werner Enterprises in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 114 increasing their positions, 81 reducing their positions, and 41 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 81
1.39% less ownership
Funds ownership: 85.77% → 84.39% (-1.4%)
5% less funds holding
Funds holding: 264 → 252 (-12)
13% less capital invested
Capital invested by funds: $2.4B → $2.09B (-$317M)
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
93% less call options, than puts
Call options by funds: $627K | Put options by funds: $9.43M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$33.9M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$32.2M |
| 3 |
Bank of New York Mellon
New York
|
+$10.7M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$9.55M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$8.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$45.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$45M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$21.4M |
| 4 |
IP
Interval Partners
New York
|
-$14.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.82M |
WERN Hedge Fund Activity: Q3 2023 in Review
252 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Werner Enterprises (WERN) for Q3 2023, worth a combined $2.09B — down 13% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of WERN and 30 opened new positions — a net loss of 11 holders — while 81 trimmed existing stakes and 114 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $33.9M. The largest seller was LSV Asset Management, cutting an estimated $45.8M.
- 252 institutional investors held Werner Enterprises (WERN) as of Q3 2023, down from 264 in Q2 2023.
- Funds reported $2.09B of Werner Enterprises stock for Q3 2023, down 13% quarter-over-quarter.
- 30 funds opened new Werner Enterprises positions in Q3 2023 and 41 closed out, a net change of -11 holders.
- The largest Werner Enterprises buyer in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $33.9M added.
- The largest Werner Enterprises seller in Q3 2023 was LSV Asset Management, an estimated $45.8M sold.
Based on aggregated 13F filings for Q3 2023.