WEX
242 hedge funds and large institutions have $5.09B invested in WEX in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 77 increasing their positions, 84 reducing their positions, and 27 closing their positions.
3,223% more call options, than puts
Call options by funds: $27M | Put options by funds: $814K
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more capital invested
Capital invested by funds: $4.84B → $5.09B (+$256M)
5% more funds holding
Funds holding: 230 → 242 (+12)
1.61% more ownership
Funds ownership: 105.19% → 106.8% (+1.6%)
8% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 84
Top Buyers
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$51.9M |
| 2 |
JP Morgan Chase
New York
|
+$49.1M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$40.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$28.8M |
| 5 |
Millennium Management
New York
|
+$20.3M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$50M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$31.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.1M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$21.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.6M |
WEX Hedge Fund Activity: Q4 2016 in Review
242 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q4 2016, worth a combined $5.09B — up 5.3% from $4.84B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new WEX positions and 27 closed out — a net gain of 14 holders — while 77 added to existing stakes and 84 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $51.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $50M.
- 242 institutional investors held WEX (WEX) as of Q4 2016, up from 230 in Q3 2016.
- Funds reported $5.09B of WEX stock for Q4 2016, up 5.3% quarter-over-quarter.
- 41 funds opened new WEX positions in Q4 2016 and 27 closed out, a net change of +14 holders.
- The largest WEX buyer in Q4 2016 was Waddell & Reed Financial, an estimated $51.9M added.
- The largest WEX seller in Q4 2016 was T. Rowe Price Associates, an estimated $50M sold.
Based on aggregated 13F filings for Q4 2016.