WEX
344 hedge funds and large institutions have $5.99B invested in WEX in 2018 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 111 increasing their positions, 122 reducing their positions, and 60 closing their positions.
10% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 60
2% more funds holding
Funds holding: 338 → 344 (+6)
1.5% more ownership
Funds ownership: 97.83% → 99.32% (+1.5%)
6% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $12.1M
9% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 122
29% less capital invested
Capital invested by funds: $8.46B → $5.99B (-$2.48B)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$60.5M |
| 2 |
Renaissance Technologies
New York
|
+$55.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$47.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$41.3M |
| 5 |
Neuberger Berman Group
New York
|
+$39M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$99.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$35.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$33.1M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$29.9M |
| 5 |
LC
Lunia Capital
Dallas,
Texas
|
-$24.7M |
WEX Hedge Fund Activity: Q4 2018 in Review
344 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q4 2018, worth a combined $5.99B — down 29% from $8.46B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new WEX positions and 60 closed out — a net gain of 6 holders — while 111 added to existing stakes and 122 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $60.5M. The largest seller was JP Morgan Chase, cutting an estimated $99.2M.
- 344 institutional investors held WEX (WEX) as of Q4 2018, up from 338 in Q3 2018.
- Funds reported $5.99B of WEX stock for Q4 2018, down 29% quarter-over-quarter.
- 66 funds opened new WEX positions in Q4 2018 and 60 closed out, a net change of +6 holders.
- The largest WEX buyer in Q4 2018 was Goldman Sachs, an estimated $60.5M added.
- The largest WEX seller in Q4 2018 was JP Morgan Chase, an estimated $99.2M sold.
Based on aggregated 13F filings for Q4 2018.