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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
Swiss National Bank
51
Swiss National Bank
Switzerland
$14.5M -$469K -2,300 -3%
DCP
52
Distillate Capital Partners
Illinois
$13.9M +$16.1M +78,750 New
Retirement Systems of Alabama
53
Retirement Systems of Alabama
Alabama
$13.9M -$398K -1,951 -2%
Creative Planning
54
Creative Planning
Kansas
$13.7M +$181K +888 +1%
California Public Employees Retirement System
55
California Public Employees Retirement System
California
$13.6M -$369K -1,811 -2%
RJA
56
Raymond James & Associates
Florida
$13.5M -$63.4K -311 -0.4%
Arrowstreet Capital
57
Arrowstreet Capital
Massachusetts
$13.2M -$17.6M -86,059 -54%
T. Rowe Price Associates
58
T. Rowe Price Associates
Maryland
$12.8M -$3.44M -16,887 -19%
CP
59
CenterBook Partners
Connecticut
$12M +$11M +53,950 +389%
TSW
60
Thompson Siegel & Walmsley
Virginia
$11.9M +$2.95M +14,444 +28%
ST
61
Spinnaker Trust
Maine
$11.6M
CI
62
Cambiar Investors
Colorado
$11.5M +$2.04M +10,021 +18%
IGM
63
Incline Global Management
New York
$11.3M -$581K -2,848 -4%
Legal & General Group
64
Legal & General Group
United Kingdom
$11.3M -$302K -1,480 -2%
PCM
65
Penserra Capital Management
California
$10.5M -$1.05M -5,167 -8%
AllianceBernstein
66
AllianceBernstein
Tennessee
$10.5M -$242K -1,186 -2%
NSCM
67
New South Capital Management
Tennessee
$10.1M -$5.35M -26,218 -31%
Wells Fargo
68
Wells Fargo
California
$9.91M -$476K -2,332 -4%
Walleye Capital
69
Walleye Capital
New York
$9.66M +$11.1M +54,516 New
SEI Investments
70
SEI Investments
Pennsylvania
$9.5M +$1.77M +8,657 +19%
State of Wisconsin Investment Board
71
State of Wisconsin Investment Board
Wisconsin
$9.42M +$562K +2,755 +5%
Millennium Management
72
Millennium Management
New York
$9.42M -$19.2M -94,148 -64%
CF
73
Corebridge Financial
Texas
$9.4M +$10.8M +53,046 New
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$9.31M +$59.6K +292 +0.6%
CCM
75
Cinctive Capital Management
New York
$8.96M +$10.3M +50,564 New

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.