WEX
279 hedge funds and large institutions have $7.06B invested in WEX in 2018 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 94 increasing their positions, 103 reducing their positions, and 23 closing their positions.
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
5% more funds holding
Funds holding: 265 → 279 (+14)
5% more capital invested
Capital invested by funds: $6.74B → $7.06B (+$325M)
9% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 103
6.36% less ownership
Funds ownership: 111.18% → 104.82% (-6.4%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
13% less call options, than puts
Call options by funds: $4.42M | Put options by funds: $5.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$60.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$39.3M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$38.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$33M |
| 5 |
Renaissance Technologies
New York
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$291M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$127M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$97.6M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$32M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.7M |
WEX Hedge Fund Activity: Q1 2018 in Review
279 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2018, worth a combined $7.06B — up 4.8% from $6.74B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new WEX positions and 23 closed out — a net gain of 17 holders — while 94 added to existing stakes and 103 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $60.5M. The largest seller was JP Morgan Chase, cutting an estimated $291M.
- 279 institutional investors held WEX (WEX) as of Q1 2018, up from 265 in Q4 2017.
- Funds reported $7.06B of WEX stock for Q1 2018, up 4.8% quarter-over-quarter.
- 40 funds opened new WEX positions in Q1 2018 and 23 closed out, a net change of +17 holders.
- The largest WEX buyer in Q1 2018 was William Blair Investment Management, an estimated $60.5M added.
- The largest WEX seller in Q1 2018 was JP Morgan Chase, an estimated $291M sold.
Based on aggregated 13F filings for Q1 2018.