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384 hedge funds and large institutions have $5.6B invested in WEX in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 118 increasing their positions, 159 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more call options, than puts

Call options by funds: $3.83M | Put options by funds: $1.72M

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

9.03% more ownership

Funds ownership: 102.03%111.06% (+9%)

9% less funds holding

Funds holding: 421384 (-37)

9% less capital invested

Capital invested by funds: $6.18B → $5.6B (-$578M)

26% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 159

38% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 90

Holders
384
Holders Change
-37
Holders Change %
-8.79%
% of All Funds
5.06%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.09%
New
56
Increased
118
Reduced
159
Closed
90
Calls
$3.83M
Puts
$1.72M
Net Calls
+$2.12M
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
IGM
51
Incline Global Management
New York
$13M +$4.83M +35,983 +68%
AllianceBernstein
52
AllianceBernstein
Tennessee
$12.9M +$2.14M +15,952 +22%
Raymond James Financial
53
Raymond James Financial
Florida
$12.9M +$2.44M +18,151 +26%
HCC
54
Hill City Capital
Massachusetts
$12.5M
Natixis Advisors
55
Natixis Advisors
Massachusetts
$11.8M +$2.85M +21,250 +36%
TSW
56
Thompson Siegel & Walmsley
Virginia
$11.4M +$741K +5,515 +8%
Principal Financial Group
57
Principal Financial Group
Iowa
$11.4M -$409K -3,045 -4%
Invesco
58
Invesco
Georgia
$11.1M -$689K -5,126 -6%
Retirement Systems of Alabama
59
Retirement Systems of Alabama
Alabama
$10.1M -$116K -866 -1%
Envestnet Asset Management
60
Envestnet Asset Management
Illinois
$10.1M +$1.3M +9,663 +16%
Millennium Management
61
Millennium Management
New York
$10M -$46.3M -344,414 -83%
ST
62
Spinnaker Trust
Maine
$9.64M
GCM
63
Gator Capital Management
Florida
$9.62M +$8.42M +62,659 +2,237%
QCM
64
Quantinno Capital Management
New York
$9.2M +$4.71M +35,060 +127%
Swiss National Bank
65
Swiss National Bank
Switzerland
$9.13M
State of Wisconsin Investment Board
66
State of Wisconsin Investment Board
Wisconsin
$8.62M +$827K +6,156 +12%
Legal & General Group
67
Legal & General Group
United Kingdom
$8.18M -$1.57M -11,673 -17%
California Public Employees Retirement System
68
California Public Employees Retirement System
California
$8.06M -$2.17M -16,134 -23%
CI
69
Cambiar Investors
Colorado
$7.7M +$168K +1,250 +2%
PCM
70
Penserra Capital Management
California
$7.57M -$1.11M -8,246 -14%
Holocene Advisors
71
Holocene Advisors
New York
$7.49M -$1.14M -8,459 -14%
ICM
72
Invenomic Capital Management
Massachusetts
$7.44M -$1.34M -9,941 -16%
Royal Bank of Canada
73
Royal Bank of Canada
Ontario, Canada
$7.01M +$3.46M +25,741 +117%
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$6.99M -$162K -1,205 -2%
Wells Fargo
75
Wells Fargo
California
$6.56M -$129K -960 -2%

WEX Hedge Fund Activity: Q2 2025 in Review

384 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2025, worth a combined $5.6B — down 9.4% from $6.18B a quarter earlier.

Sellers outnumbered buyers: 90 funds closed out of WEX and 56 opened new positions — a net loss of 34 holders — while 159 trimmed existing stakes and 118 added.

The largest buyer was Boston Partners, opening a new position worth an estimated $170M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $96.5M sold.

  • 384 institutional investors held WEX (WEX) as of Q2 2025, down from 421 in Q1 2025.
  • Funds reported $5.6B of WEX stock for Q2 2025, down 9.4% quarter-over-quarter.
  • 56 funds opened new WEX positions in Q2 2025 and 90 closed out, a net change of -34 holders.
  • The largest WEX buyer in Q2 2025 was Boston Partners, an estimated $170M added.
  • The largest WEX seller in Q2 2025 was Balyasny Asset Management, an estimated $96.5M sold.

Based on aggregated 13F filings for Q2 2025.