WEX
321 hedge funds and large institutions have $8.19B invested in WEX in 2018 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 113 increasing their positions, 106 reducing their positions, and 22 closing their positions.
310% more call options, than puts
Call options by funds: $39M | Put options by funds: $9.5M
191% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 22
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
15% more funds holding
Funds holding: 279 → 321 (+42)
7% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 106
4.88% less ownership
Funds ownership: 104.81% → 99.93% (-4.9%)
39% less capital inflows, than outflows
Capital inflows: $540M | Capital outflows: $888M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$45.9M |
| 2 |
Echo Street Capital Management
New York
|
+$35.2M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$31.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$29.9M |
| 5 |
TIAA CREF Investment Management
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TimesSquare Capital Management
New York
|
-$148M |
| 2 |
Atlanta Capital Management
Atlanta,
Georgia
|
-$99.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$95.1M |
| 4 |
JP Morgan Chase
New York
|
-$65.1M |
| 5 |
Champlain Investment Partners
Burlington,
Vermont
|
-$57M |
WEX Hedge Fund Activity: Q2 2018 in Review
321 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2018, worth a combined $8.19B — up 16% from $7.06B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new WEX positions and 22 closed out — a net gain of 42 holders — while 113 added to existing stakes and 106 trimmed.
The largest buyer was Millennium Management, adding an estimated $45.9M. The largest seller was TimesSquare Capital Management, cutting an estimated $148M.
- 321 institutional investors held WEX (WEX) as of Q2 2018, up from 279 in Q1 2018.
- Funds reported $8.19B of WEX stock for Q2 2018, up 16% quarter-over-quarter.
- 64 funds opened new WEX positions in Q2 2018 and 22 closed out, a net change of +42 holders.
- The largest WEX buyer in Q2 2018 was Millennium Management, an estimated $45.9M added.
- The largest WEX seller in Q2 2018 was TimesSquare Capital Management, an estimated $148M sold.
Based on aggregated 13F filings for Q2 2018.