WEX
422 hedge funds and large institutions have $9.92B invested in WEX in 2024 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 116 increasing their positions, 172 reducing their positions, and 47 closing their positions.
782% more call options, than puts
Call options by funds: $89.2M | Put options by funds: $10.1M
21% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 47
16% more capital invested
Capital invested by funds: $8.54B → $9.92B (+$1.39B)
1% more funds holding
Funds holding: 417 → 422 (+5)
2.34% less ownership
Funds ownership: 102.55% → 100.2% (-2.3%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
33% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 172
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lyrical Asset Management
New York
|
+$190M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$136M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$39.2M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$13.9M |
| 5 |
VA
Vident Advisory
Alpharetta,
Georgia
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$405M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$73.1M |
| 3 |
JP Morgan Chase
New York
|
-$39M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$29M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$27.3M |
WEX Hedge Fund Activity: Q1 2024 in Review
422 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2024, worth a combined $9.92B — up 16% from $8.54B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new WEX positions and 47 closed out — a net gain of 10 holders — while 116 added to existing stakes and 172 trimmed.
The largest buyer was Lyrical Asset Management, opening a new position worth an estimated $190M. The largest seller was Morgan Stanley, cutting an estimated $405M.
- 422 institutional investors held WEX (WEX) as of Q1 2024, up from 417 in Q4 2023.
- Funds reported $9.92B of WEX stock for Q1 2024, up 16% quarter-over-quarter.
- 57 funds opened new WEX positions in Q1 2024 and 47 closed out, a net change of +10 holders.
- The largest WEX buyer in Q1 2024 was Lyrical Asset Management, an estimated $190M added.
- The largest WEX seller in Q1 2024 was Morgan Stanley, an estimated $405M sold.
Based on aggregated 13F filings for Q1 2024.