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346 hedge funds and large institutions have $6.1B invested in WEX in 2020 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 124 increasing their positions, 108 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more call options, than puts

Call options by funds: $44.4M | Put options by funds: $33.9M

15% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 108

2% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 57

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% less funds holding

Funds holding: 347346 (-1)

1.45% less ownership

Funds ownership: 100.93%99.48% (-1.4%)

16% less capital invested

Capital invested by funds: $7.24B → $6.1B (-$1.14B)

Holders
346
Holders Change
-1
Holders Change %
-0.29%
% of All Funds
6.98%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
58
Increased
124
Reduced
108
Closed
57
Calls
$44.4M
Puts
$33.9M
Net Calls
+$10.5M
Net Calls Change
+$16.1M
Name Holding Trade Value Shares
Change
Change in
Stake
HVCM
26
HG Vora Capital Management
New York
$48.6M +$54.8M +350,000 New
Northern Trust
27
Northern Trust
Illinois
$48.3M -$1.37M -8,747 -2%
William Blair & Company
28
William Blair & Company
Illinois
$45.7M -$3.11M -19,816 -6%
N
29
Nuveen
North Carolina
$42.9M +$3.5M +22,330 +8%
SIMG
30
Stephens Investment Management Group
Texas
$42.3M +$6.76M +43,119 +17%
TCG
31
Tremblant Capital Group
Florida
$42M +$24.9M +159,111 +111%
Goldman Sachs
32
Goldman Sachs
New York
$38.2M +$3.06M +19,555 +8%
Charles Schwab
33
Charles Schwab
California
$34.8M +$825K +5,267 +2%
AAM
34
Ardevora Asset Management
United Kingdom
$34.6M +$3.24M +20,700 +9%
Bank of Montreal
35
Bank of Montreal
Ontario, Canada
$33.9M +$8.28M +52,837 +29%
Dimensional Fund Advisors
36
Dimensional Fund Advisors
Texas
$33.8M +$390K +2,486 +1%
WJWM
37
Williams Jones Wealth Management
New York
$31.3M -$467K -2,977 -1%
TCM
38
TimesSquare Capital Management
New York
$29.3M -$3.04M -19,400 -8%
Brown Advisory
39
Brown Advisory
Maryland
$29M +$2.94M +18,749 +10%
PI
40
Putnam Investments
Massachusetts
$28.4M +$642K +4,098 +2%
Morgan Stanley
41
Morgan Stanley
New York
$27.7M +$25.5M +162,899 +445%
PFM
42
Premier Fund Managers
United Kingdom
$24.4M
Loomis, Sayles & Company
43
Loomis, Sayles & Company
Massachusetts
$24M +$1.77M +11,317 +7%
Principal Financial Group
44
Principal Financial Group
Iowa
$18.2M -$451K -2,880 -2%
Ameriprise
45
Ameriprise
Minnesota
$18.1M +$5.63M +35,942 +38%
State of Wisconsin Investment Board
46
State of Wisconsin Investment Board
Wisconsin
$18.1M +$32.9K +210 +0.2%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$17.9M -$270K -1,720 -1%
Ensign Peak Advisors
48
Ensign Peak Advisors
Utah
$17.9M +$12.5M +79,807 +164%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$17.2M -$1.28M -8,166 -6%
PPA
50
Parametric Portfolio Associates
Washington
$16.8M -$220K -1,403 -1%

WEX Hedge Fund Activity: Q3 2020 in Review

346 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q3 2020, worth a combined $6.1B — down 16% from $7.24B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new WEX positions and 57 closed out — a net gain of 1 holder — while 124 added to existing stakes and 108 trimmed.

The largest buyer was Warburg Pincus, opening a new position worth an estimated $90.5M. The largest seller was William Blair Investment Management, cutting an estimated $124M.

  • 346 institutional investors held WEX (WEX) as of Q3 2020, down from 347 in Q2 2020.
  • Funds reported $6.1B of WEX stock for Q3 2020, down 16% quarter-over-quarter.
  • 58 funds opened new WEX positions in Q3 2020 and 57 closed out, a net change of +1 holder.
  • The largest WEX buyer in Q3 2020 was Warburg Pincus, an estimated $90.5M added.
  • The largest WEX seller in Q3 2020 was William Blair Investment Management, an estimated $124M sold.

Based on aggregated 13F filings for Q3 2020.