WEX
240 hedge funds and large institutions have $4.63B invested in WEX in 2017 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 77 reducing their positions, and 30 closing their positions.
785% more call options, than puts
Call options by funds: $4.95M | Put options by funds: $559K
20% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 30
19% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 77
1% less funds holding
Funds holding: 242 → 240 (-2)
2.09% less ownership
Funds ownership: 106.8% → 104.71% (-2.1%)
9% less capital invested
Capital invested by funds: $5.09B → $4.63B (-$460M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$336M |
| 2 |
JP Morgan Chase
New York
|
+$110M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$49.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$42.1M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$120M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$30.6M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$25.8M |
WEX Hedge Fund Activity: Q1 2017 in Review
240 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2017, worth a combined $4.63B — down 9% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new WEX positions and 30 closed out — a net gain of 6 holders — while 92 added to existing stakes and 77 trimmed.
The largest buyer was BlackRock, adding an estimated $336M. The largest seller was T. Rowe Price Associates, cutting an estimated $120M.
- 240 institutional investors held WEX (WEX) as of Q1 2017, down from 242 in Q4 2016.
- Funds reported $4.63B of WEX stock for Q1 2017, down 9% quarter-over-quarter.
- 36 funds opened new WEX positions in Q1 2017 and 30 closed out, a net change of +6 holders.
- The largest WEX buyer in Q1 2017 was BlackRock, an estimated $336M added.
- The largest WEX seller in Q1 2017 was T. Rowe Price Associates, an estimated $120M sold.
Based on aggregated 13F filings for Q1 2017.