Werner Enterprises
WERN
265 hedge funds and large institutions have $2.4B invested in Werner Enterprises in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 110 reducing their positions, and 37 closing their positions.
4% less capital invested
Capital invested by funds: $2.5B → $2.4B (-$95.6M)
1.6% less ownership
Funds ownership: 87.39% → 85.79% (-1.6%)
3% less funds holding
Funds holding: 272 → 265 (-7)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
23% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 110
72% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $4.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.3M |
| 2 |
Millennium Management
New York
|
+$23.7M |
| 3 |
Goldman Sachs
New York
|
+$10.2M |
| 4 |
Morgan Stanley
New York
|
+$7.91M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$34M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$24.4M |
| 3 |
IP
Interval Partners
New York
|
-$16.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$14.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$10.6M |
WERN Hedge Fund Activity: Q2 2023 in Review
265 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Werner Enterprises (WERN) for Q2 2023, worth a combined $2.4B — down 3.8% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of WERN and 30 opened new positions — a net loss of 7 holders — while 110 trimmed existing stakes and 85 added.
The largest buyer was Fidelity Investments, adding an estimated $30.3M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $34M.
- 265 institutional investors held Werner Enterprises (WERN) as of Q2 2023, down from 272 in Q1 2023.
- Funds reported $2.4B of Werner Enterprises stock for Q2 2023, down 3.8% quarter-over-quarter.
- 30 funds opened new Werner Enterprises positions in Q2 2023 and 37 closed out, a net change of -7 holders.
- The largest Werner Enterprises buyer in Q2 2023 was Fidelity Investments, an estimated $30.3M added.
- The largest Werner Enterprises seller in Q2 2023 was Schonfeld Strategic Advisors, an estimated $34M sold.
Based on aggregated 13F filings for Q2 2023.