WEX
339 hedge funds and large institutions have $8.24B invested in WEX in 2019 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 104 increasing their positions, 121 reducing their positions, and 60 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
37% more capital invested
Capital invested by funds: $6B → $8.24B (+$2.24B)
0.17% more ownership
Funds ownership: 99.32% → 99.49% (+0.17%)
5% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 60
1% less funds holding
Funds holding: 344 → 339 (-5)
14% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 121
32% less call options, than puts
Call options by funds: $7.33M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$73.9M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$67.4M |
| 3 |
JP Morgan Chase
New York
|
+$52.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$34.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$67.4M |
| 2 |
Renaissance Technologies
New York
|
-$60.5M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$42.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$37.8M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$37.6M |
WEX Hedge Fund Activity: Q1 2019 in Review
339 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q1 2019, worth a combined $8.24B — up 37% from $6B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of WEX and 57 opened new positions — a net loss of 3 holders — while 121 trimmed existing stakes and 104 added.
The largest buyer was Citadel Advisors, adding an estimated $73.9M. The largest seller was Goldman Sachs, cutting an estimated $67.4M.
- 339 institutional investors held WEX (WEX) as of Q1 2019, down from 344 in Q4 2018.
- Funds reported $8.24B of WEX stock for Q1 2019, up 37% quarter-over-quarter.
- 57 funds opened new WEX positions in Q1 2019 and 60 closed out, a net change of -3 holders.
- The largest WEX buyer in Q1 2019 was Citadel Advisors, an estimated $73.9M added.
- The largest WEX seller in Q1 2019 was Goldman Sachs, an estimated $67.4M sold.
Based on aggregated 13F filings for Q1 2019.