Werner Enterprises
WERN
247 hedge funds and large institutions have $2.34B invested in Werner Enterprises in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 99 increasing their positions, 82 reducing their positions, and 38 closing their positions.
334% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $237K
21% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 82
12% more capital invested
Capital invested by funds: $2.09B → $2.34B (+$256M)
2.8% more ownership
Funds ownership: 84.39% → 87.18% (+2.8%)
2% less funds holding
Funds holding: 252 → 247 (-5)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$31.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31M |
| 3 |
Morgan Stanley
New York
|
+$23.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.1M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$41.3M |
| 2 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$21.5M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$18.9M |
| 4 |
Millennium Management
New York
|
-$11.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.5M |
WERN Hedge Fund Activity: Q4 2023 in Review
247 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Werner Enterprises (WERN) for Q4 2023, worth a combined $2.34B — up 12% from $2.09B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of WERN and 34 opened new positions — a net loss of 4 holders — while 82 trimmed existing stakes and 99 added.
The largest buyer was Nuance Investments, adding an estimated $31.8M. The largest seller was LSV Asset Management, exiting entirely with an estimated $41.3M sold.
- 247 institutional investors held Werner Enterprises (WERN) as of Q4 2023, down from 252 in Q3 2023.
- Funds reported $2.34B of Werner Enterprises stock for Q4 2023, up 12% quarter-over-quarter.
- 34 funds opened new Werner Enterprises positions in Q4 2023 and 38 closed out, a net change of -4 holders.
- The largest Werner Enterprises buyer in Q4 2023 was Nuance Investments, an estimated $31.8M added.
- The largest Werner Enterprises seller in Q4 2023 was LSV Asset Management, an estimated $41.3M sold.
Based on aggregated 13F filings for Q4 2023.