WEX
WEX
403 hedge funds and large institutions have $7.88B invested in WEX in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 148 increasing their positions, 132 reducing their positions, and 24 closing their positions.
1,058% more call options, than puts
Call options by funds: $56.8M | Put options by funds: $4.91M
175% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 24
12% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 132
12% more capital invested
Capital invested by funds: $7.05B → $7.88B (+$822M)
11% more funds holding
Funds holding: 364 → 403 (+39)
0.25% less ownership
Funds ownership: 99.57% → 99.32% (-0.25%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
+$27.4M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
+$23.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$21.8M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$17.8M |
| 5 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Warburg Pincus
New York
|
-$94.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.2M |
| 3 |
ACM
Anomaly Capital Management
New York
|
-$40.5M |
| 4 |
Millennium Management
New York
|
-$37.3M |
| 5 |
IC
Impactive Capital
New York City,
New York
|
-$24.4M |
WEX Hedge Fund Activity: Q1 2023 in Review
403 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2023, worth a combined $7.88B — up 12% from $7.05B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new WEX positions and 24 closed out — a net gain of 42 holders — while 148 added to existing stakes and 132 trimmed.
The largest buyer was Loring Wolcott & Coolidge Fiduciary Advisors, adding an estimated $27.4M. The largest seller was Warburg Pincus, exiting entirely with an estimated $94.5M sold.
- 403 institutional investors held WEX (WEX) as of Q1 2023, up from 364 in Q4 2022.
- Funds reported $7.88B of WEX stock for Q1 2023, up 12% quarter-over-quarter.
- 66 funds opened new WEX positions in Q1 2023 and 24 closed out, a net change of +42 holders.
- The largest WEX buyer in Q1 2023 was Loring Wolcott & Coolidge Fiduciary Advisors, an estimated $27.4M added.
- The largest WEX seller in Q1 2023 was Warburg Pincus, an estimated $94.5M sold.
Based on aggregated 13F filings for Q1 2023.