WEX
343 hedge funds and large institutions have $6.16B invested in WEX in 2021 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 115 increasing their positions, 111 reducing their positions, and 45 closing their positions.
33% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 45
3% more funds holding
Funds holding: 332 → 343 (+11)
4% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 111
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.34% less ownership
Funds ownership: 100.51% → 98.17% (-2.3%)
22% less capital invested
Capital invested by funds: $7.93B → $6.16B (-$1.77B)
54% less call options, than puts
Call options by funds: $9.62M | Put options by funds: $21.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$76.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$72.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$69.1M |
| 4 |
IC
Impactive Capital
New York City,
New York
|
+$58.2M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$46.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$147M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$111M |
| 3 |
Neuberger Berman Group
New York
|
-$108M |
| 4 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$104M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$65.3M |
WEX Hedge Fund Activity: Q4 2021 in Review
343 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q4 2021, worth a combined $6.16B — down 22% from $7.93B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new WEX positions and 45 closed out — a net gain of 15 holders — while 115 added to existing stakes and 111 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $76.4M. The largest seller was JP Morgan Chase, cutting an estimated $147M.
- 343 institutional investors held WEX (WEX) as of Q4 2021, up from 332 in Q3 2021.
- Funds reported $6.16B of WEX stock for Q4 2021, down 22% quarter-over-quarter.
- 60 funds opened new WEX positions in Q4 2021 and 45 closed out, a net change of +15 holders.
- The largest WEX buyer in Q4 2021 was HG Vora Capital Management, an estimated $76.4M added.
- The largest WEX seller in Q4 2021 was JP Morgan Chase, an estimated $147M sold.
Based on aggregated 13F filings for Q4 2021.