WEX
WEX
417 hedge funds and large institutions have $8.54B invested in WEX in 2023 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 127 increasing their positions, 162 reducing their positions, and 45 closing their positions.
1,319% more call options, than puts
Call options by funds: $78.1M | Put options by funds: $5.5M
31% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 45
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
8% more capital invested
Capital invested by funds: $7.88B → $8.54B (+$655M)
4.86% more ownership
Funds ownership: 97.69% → 102.55% (+4.9%)
1% more funds holding
Funds holding: 411 → 417 (+6)
22% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 162
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$358M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.6M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$28.6M |
| 4 |
Millennium Management
New York
|
+$16.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$52.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$22.1M |
| 4 |
Jennison Associates
New York
|
-$21.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$18.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
451
Clearstead Advisors
Cleveland,
Ohio
| – | -$110K | -587 | Closed |
|
452
Acadian Asset Management
Boston,
Massachusetts
| – | -$100K | -542 | Closed |
|
|
CSPIA
453
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$58.1K | -309 | Closed |
|
|
CFB
454
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$37.6K | -200 | Closed |
|
455
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$28.8K | -154 | Closed |
|
|
OIS
456
Okabena Investment Services
Minneapolis,
Minnesota
| – | -$10.5K | -56 | Closed |
|
|
QL
457
Quarry LP
New York
| – | -$9.59K | -51 | Closed |
|
458
EARNEST Partners
Atlanta,
Georgia
| – | -$4.89K | -26 | Closed |
|
|
HCP
459
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$752 | -4 | Closed |
|
|
TWP
460
TFO Wealth Partners
Maumee,
Ohio
| – | -$546 | -3 | Closed |
|
|
AP
461
Atwood & Palmer
Kansas City,
Missouri
| – | -$377 | -2 | Closed |
|
462
First Manhattan
New York
| – | -$188 | -1 | Closed |
|
WEX Hedge Fund Activity: Q4 2023 in Review
417 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q4 2023, worth a combined $8.54B — up 8.3% from $7.88B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new WEX positions and 45 closed out — a net gain of 14 holders — while 127 added to existing stakes and 162 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $358M. The largest seller was JP Morgan Chase, cutting an estimated $52.9M.
- 417 institutional investors held WEX (WEX) as of Q4 2023, up from 411 in Q3 2023.
- Funds reported $8.54B of WEX stock for Q4 2023, up 8.3% quarter-over-quarter.
- 59 funds opened new WEX positions in Q4 2023 and 45 closed out, a net change of +14 holders.
- The largest WEX buyer in Q4 2023 was Morgan Stanley, an estimated $358M added.
- The largest WEX seller in Q4 2023 was JP Morgan Chase, an estimated $52.9M sold.
Based on aggregated 13F filings for Q4 2023.