WEX
WEX
440 hedge funds and large institutions have $7.28B invested in WEX in 2024 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 135 increasing their positions, 153 reducing their positions, and 59 closing their positions.
3,190% more call options, than puts
Call options by funds: $92.1M | Put options by funds: $2.8M
41% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 59
4% more funds holding
Funds holding: 422 → 440 (+18)
2.23% less ownership
Funds ownership: 100.2% → 97.97% (-2.2%)
12% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 153
27% less capital invested
Capital invested by funds: $9.92B → $7.28B (-$2.64B)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$67M |
| 2 |
Morgan Stanley
New York
|
+$49.7M |
| 3 |
JP Morgan Chase
New York
|
+$40.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$25.8M |
| 5 |
DCP
Distillate Capital Partners
Chicago,
Illinois
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$72.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.9M |
| 3 |
Rockefeller Capital Management
New York
|
-$40M |
| 4 |
KCM
Kodai Capital Management
Chicago,
Illinois
|
-$34.8M |
| 5 |
Neuberger Berman Group
New York
|
-$30.9M |
WEX Hedge Fund Activity: Q2 2024 in Review
440 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2024, worth a combined $7.28B — down 27% from $9.92B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new WEX positions and 59 closed out — a net gain of 24 holders — while 135 added to existing stakes and 153 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $67M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $72.6M sold.
- 440 institutional investors held WEX (WEX) as of Q2 2024, up from 422 in Q1 2024.
- Funds reported $7.28B of WEX stock for Q2 2024, down 27% quarter-over-quarter.
- 83 funds opened new WEX positions in Q2 2024 and 59 closed out, a net change of +24 holders.
- The largest WEX buyer in Q2 2024 was Fidelity Investments, an estimated $67M added.
- The largest WEX seller in Q2 2024 was Stephens Investment Management Group, an estimated $72.6M sold.
Based on aggregated 13F filings for Q2 2024.