WEX
408 hedge funds and large institutions have $7.69B invested in WEX in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 120 increasing their positions, 160 reducing their positions, and 46 closing their positions.
3,478% more call options, than puts
Call options by funds: $54.7M | Put options by funds: $1.53M
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
13% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 46
1% more funds holding
Funds holding: 404 → 408 (+4)
0.76% less ownership
Funds ownership: 99.32% → 98.56% (-0.76%)
2% less capital invested
Capital invested by funds: $7.88B → $7.69B (-$188M)
25% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.5M |
| 2 |
Janus Henderson Group
London,
|
+$39.6M |
| 3 |
Goldman Sachs
New York
|
+$24.9M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$23.7M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$43.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$43.5M |
| 3 |
Morgan Stanley
New York
|
-$35.3M |
| 4 |
BlackRock
New York
|
-$29.2M |
| 5 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$29M |
WEX Hedge Fund Activity: Q2 2023 in Review
408 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2023, worth a combined $7.69B — down 2.4% from $7.88B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new WEX positions and 46 closed out — a net gain of 6 holders — while 120 added to existing stakes and 160 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $47.5M. The largest seller was Primecap Management, cutting an estimated $43.8M.
- 408 institutional investors held WEX (WEX) as of Q2 2023, up from 404 in Q1 2023.
- Funds reported $7.69B of WEX stock for Q2 2023, down 2.4% quarter-over-quarter.
- 52 funds opened new WEX positions in Q2 2023 and 46 closed out, a net change of +6 holders.
- The largest WEX buyer in Q2 2023 was Fidelity Investments, an estimated $47.5M added.
- The largest WEX seller in Q2 2023 was Primecap Management, an estimated $43.8M sold.
Based on aggregated 13F filings for Q2 2023.