WEX
209 hedge funds and large institutions have $3.3B invested in WEX in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 91 increasing their positions, 68 reducing their positions, and 28 closing their positions.
424% more call options, than puts
Call options by funds: $965K | Put options by funds: $184K
34% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 68
1.35% less ownership
Funds ownership: 103.72% → 102.36% (-1.4%)
3% less funds holding
Funds holding: 216 → 209 (-7)
7% less capital invested
Capital invested by funds: $3.54B → $3.3B (-$244M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$47.2M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$37.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.9M |
| 4 |
JP Morgan Chase
New York
|
+$25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$70.1M |
| 2 |
Goldman Sachs
New York
|
-$67M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$53M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$35.3M |
| 5 |
CC
Capital Counsel
New York
|
-$19M |
WEX Hedge Fund Activity: Q1 2016 in Review
209 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2016, worth a combined $3.3B — down 6.9% from $3.54B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of WEX and 21 opened new positions — a net loss of 7 holders — while 68 trimmed existing stakes and 91 added.
The largest buyer was Wells Fargo, adding an estimated $47.2M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $70.1M sold.
- 209 institutional investors held WEX (WEX) as of Q1 2016, down from 216 in Q4 2015.
- Funds reported $3.3B of WEX stock for Q1 2016, down 6.9% quarter-over-quarter.
- 21 funds opened new WEX positions in Q1 2016 and 28 closed out, a net change of -7 holders.
- The largest WEX buyer in Q1 2016 was Wells Fargo, an estimated $47.2M added.
- The largest WEX seller in Q1 2016 was Columbia Wanger Asset Management, an estimated $70.1M sold.
Based on aggregated 13F filings for Q1 2016.