WEX
338 hedge funds and large institutions have $8.46B invested in WEX in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 131 increasing their positions, 104 reducing their positions, and 31 closing their positions.
89% more call options, than puts
Call options by funds: $30.9M | Put options by funds: $16.3M
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
26% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 104
5% more funds holding
Funds holding: 321 → 338 (+17)
3% more capital invested
Capital invested by funds: $8.19B → $8.46B (+$269M)
2.11% less ownership
Funds ownership: 99.93% → 97.83% (-2.1%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$82.5M |
| 2 |
BlackRock
New York
|
+$45.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$30.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$66.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.3M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$37.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$35.7M |
| 5 |
Two Sigma Advisers
New York
|
-$34.9M |
WEX Hedge Fund Activity: Q3 2018 in Review
338 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q3 2018, worth a combined $8.46B — up 3.3% from $8.19B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new WEX positions and 31 closed out — a net gain of 19 holders — while 131 added to existing stakes and 104 trimmed.
The largest buyer was Federated Hermes, adding an estimated $82.5M. The largest seller was Millennium Management, exiting entirely with an estimated $66.5M sold.
- 338 institutional investors held WEX (WEX) as of Q3 2018, up from 321 in Q2 2018.
- Funds reported $8.46B of WEX stock for Q3 2018, up 3.3% quarter-over-quarter.
- 50 funds opened new WEX positions in Q3 2018 and 31 closed out, a net change of +19 holders.
- The largest WEX buyer in Q3 2018 was Federated Hermes, an estimated $82.5M added.
- The largest WEX seller in Q3 2018 was Millennium Management, an estimated $66.5M sold.
Based on aggregated 13F filings for Q3 2018.