WEX
345 hedge funds and large institutions have $8.7B invested in WEX in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 113 increasing their positions, 119 reducing their positions, and 35 closing their positions.
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
1% more funds holding
Funds holding: 341 → 345 (+4)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.28% less ownership
Funds ownership: 99.78% → 99.5% (-0.28%)
3% less capital invested
Capital invested by funds: $8.98B → $8.7B (-$275M)
5% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 119
6% less call options, than puts
Call options by funds: $88.5M | Put options by funds: $93.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$54.2M |
| 2 |
JP Morgan Chase
New York
|
+$40.5M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$38.2M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$32.7M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$48.1M |
| 2 |
MCM
Moore Capital Management
New York
|
-$41.6M |
| 3 |
JCM
Junto Capital Management
New York
|
-$41.1M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$31M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$21.5M |
WEX Hedge Fund Activity: Q3 2019 in Review
345 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q3 2019, worth a combined $8.7B — down 3.1% from $8.98B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new WEX positions and 35 closed out — a net gain of 5 holders — while 113 added to existing stakes and 119 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $54.2M. The largest seller was Citadel Advisors, cutting an estimated $48.1M.
- 345 institutional investors held WEX (WEX) as of Q3 2019, up from 341 in Q2 2019.
- Funds reported $8.7B of WEX stock for Q3 2019, down 3.1% quarter-over-quarter.
- 40 funds opened new WEX positions in Q3 2019 and 35 closed out, a net change of +5 holders.
- The largest WEX buyer in Q3 2019 was Balyasny Asset Management, an estimated $54.2M added.
- The largest WEX seller in Q3 2019 was Citadel Advisors, an estimated $48.1M sold.
Based on aggregated 13F filings for Q3 2019.