WEX
336 hedge funds and large institutions have $4.56B invested in WEX in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 120 increasing their positions, 111 reducing their positions, and 68 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 111
6% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $17.4M
0.48% more ownership
Funds ownership: 99.47% → 99.96% (+0.48%)
7% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 68
3% less funds holding
Funds holding: 345 → 336 (-9)
49% less capital invested
Capital invested by funds: $9.02B → $4.56B (-$4.46B)
91% less funds holding in top 10
Funds holding in top 10: 11 → 1 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$106M |
| 2 |
SCM
Steadfast Capital Management
New York
|
+$94.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$88M |
| 4 |
JP Morgan Chase
New York
|
+$85M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$59.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$117M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$84.3M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$82M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$50.6M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$47.6M |
WEX Hedge Fund Activity: Q1 2020 in Review
336 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2020, worth a combined $4.56B — down 49% from $9.02B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of WEX and 63 opened new positions — a net loss of 5 holders — while 111 trimmed existing stakes and 120 added.
The largest buyer was Bessemer Group, opening a new position worth an estimated $106M. The largest seller was Wells Fargo, cutting an estimated $117M.
- 336 institutional investors held WEX (WEX) as of Q1 2020, down from 345 in Q4 2019.
- Funds reported $4.56B of WEX stock for Q1 2020, down 49% quarter-over-quarter.
- 63 funds opened new WEX positions in Q1 2020 and 68 closed out, a net change of -5 holders.
- The largest WEX buyer in Q1 2020 was Bessemer Group, an estimated $106M added.
- The largest WEX seller in Q1 2020 was Wells Fargo, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2020.