Werner Enterprises
WERN
272 hedge funds and large institutions have $2.5B invested in Werner Enterprises in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 91 increasing their positions, 105 reducing their positions, and 32 closing their positions.
23% more capital invested
Capital invested by funds: $2.03B → $2.5B (+$467M)
7.63% more ownership
Funds ownership: 79.76% → 87.39% (+7.6%)
6% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 32
1% less funds holding
Funds holding: 274 → 272 (-2)
13% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 105
34% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $1.65M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$26.5M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$19.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14M |
| 5 |
IP
Interval Partners
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$23.2M |
| 2 |
BlackRock
New York
|
-$14M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.59M |
| 4 |
Goldman Sachs
New York
|
-$7.31M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$4.91M |
WERN Hedge Fund Activity: Q1 2023 in Review
272 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Werner Enterprises (WERN) for Q1 2023, worth a combined $2.5B — up 23% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new WERN positions and 32 closed out — a net gain of 2 holders — while 91 added to existing stakes and 105 trimmed.
The largest buyer was Schonfeld Strategic Advisors, adding an estimated $26.5M. The largest seller was Millennium Management, cutting an estimated $23.2M.
- 272 institutional investors held Werner Enterprises (WERN) as of Q1 2023, down from 274 in Q4 2022.
- Funds reported $2.5B of Werner Enterprises stock for Q1 2023, up 23% quarter-over-quarter.
- 34 funds opened new Werner Enterprises positions in Q1 2023 and 32 closed out, a net change of +2 holders.
- The largest Werner Enterprises buyer in Q1 2023 was Schonfeld Strategic Advisors, an estimated $26.5M added.
- The largest Werner Enterprises seller in Q1 2023 was Millennium Management, an estimated $23.2M sold.
Based on aggregated 13F filings for Q1 2023.