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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.

New
Increased
Maintained
Reduced
Closed

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: 422440 (+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: 85 (-3)

Holders
440
Holders Change
+18
Holders Change %
+4.27%
% of All Funds
6.35%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.07%
New
83
Increased
135
Reduced
153
Closed
59
Calls
$92.1M
Puts
$2.8M
Net Calls
+$89.3M
Net Calls Change
+$10.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$56M +$3.12M +15,309 +5%
Jennison Associates
27
Jennison Associates
New York
$55.8M -$13.4M -65,700 -17%
Loomis, Sayles & Company
28
Loomis, Sayles & Company
Massachusetts
$51.6M -$4.34M -21,255 -7%
TCM
29
TimesSquare Capital Management
New York
$50.9M +$5.09M +24,968 +10%
BAMCO Inc
30
BAMCO Inc
New York
$44.9M
PFM
31
Premier Fund Managers
United Kingdom
$44.3M
Westfield Capital Management
32
Westfield Capital Management
Massachusetts
$42M -$4.3M -21,075 -8%
FCM
33
Freshford Capital Management
New York
$29.7M +$9.04M +44,323 +36%
Handelsbanken Fonder
34
Handelsbanken Fonder
Sweden
$28.1M -$8.16M -40,000 -20%
Marshall Wace
35
Marshall Wace
United Kingdom
$27.5M +$5.86M +28,739 +23%
Goldman Sachs
36
Goldman Sachs
New York
$27.4M -$8.95M -43,894 -22%
Invesco
37
Invesco
Georgia
$27M +$7.4M +36,284 +31%
UBS AM
38
UBS AM
Illinois
$26.2M +$12.6M +61,724 +72%
Principal Financial Group
39
Principal Financial Group
Iowa
$24.7M -$4.42M -21,690 -13%
RG
40
Renaissance Group
Kentucky
$24.6M -$3.83M -18,795 -12%
N
41
Nuveen
North Carolina
$22.7M -$19.5M -95,477 -43%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$22.2M -$1.15M -5,622 -4%
WJWM
43
Williams Jones Wealth Management
New York
$21.2M -$1.78M -8,705 -7%
William Blair & Company
44
William Blair & Company
Illinois
$20M -$668K -3,275 -3%
WCM Investment Management
45
WCM Investment Management
California
$20M +$1.19M +5,829 +5%
Hotchkis & Wiley Capital Management
46
Hotchkis & Wiley Capital Management
California
$17.1M +$4.35M +21,315 +28%
HPC
47
HM Payson & Co
Maine
$16.4M -$15.6M -76,664 -45%
First Trust Advisors
48
First Trust Advisors
Illinois
$15.7M +$11.1M +54,544 +160%
BA
49
Bridgewater Associates
Connecticut
$15.3M +$9.43M +46,243 +115%
HCC
50
Hill City Capital
Massachusetts
$15.1M

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.