WEX
213 hedge funds and large institutions have $4.18B invested in WEX in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 83 reducing their positions, and 16 closing their positions.
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
13% more capital invested
Capital invested by funds: $3.7B → $4.18B (+$472M)
6% more funds holding
Funds holding: 201 → 213 (+12)
2.18% more ownership
Funds ownership: 100.5% → 102.68% (+2.2%)
23% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 83
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
50% less call options, than puts
Call options by funds: $210K | Put options by funds: $420K
Top Buyers
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$28.4M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$24.2M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$11.7M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$11.6M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$11.6M |
WEX Hedge Fund Activity: Q2 2014 in Review
213 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2014, worth a combined $4.18B — up 13% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new WEX positions and 16 closed out — a net gain of 13 holders — while 64 added to existing stakes and 83 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $42.6M. The largest seller was Bank of New York Mellon, cutting an estimated $28.4M.
- 213 institutional investors held WEX (WEX) as of Q2 2014, up from 201 in Q1 2014.
- Funds reported $4.18B of WEX stock for Q2 2014, up 13% quarter-over-quarter.
- 29 funds opened new WEX positions in Q2 2014 and 16 closed out, a net change of +13 holders.
- The largest WEX buyer in Q2 2014 was T. Rowe Price Associates, an estimated $42.6M added.
- The largest WEX seller in Q2 2014 was Bank of New York Mellon, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2014.