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407 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.

New
Increased
Maintained
Reduced
Closed

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: 48 (+4)

13% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 46

1% more funds holding

Funds holding: 403407 (+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 (-$187M)

25% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 160

Holders
407
Holders Change
+4
Holders Change %
+0.99%
% of All Funds
6.39%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.13%
New
52
Increased
120
Reduced
160
Closed
46
Calls
$54.7M
Puts
$1.53M
Net Calls
+$53.2M
Net Calls Change
+$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
1
Janus Henderson Group
United Kingdom
$740M +$39.6M +223,850 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$737M -$43.5M -245,711 -6%
BlackRock
3
BlackRock
New York
$699M -$29.2M -165,056 -4%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$553M -$13.3M -75,027 -2%
IC
5
Impactive Capital
New York
$383M
Morgan Stanley
6
Morgan Stanley
New York
$346M -$35.3M -199,244 -9%
PCM
7
PAR Capital Management
Massachusetts
$338M -$390K -2,200 -0.1%
JP Morgan Chase
8
JP Morgan Chase
New York
$232M -$11.5M -65,157 -5%
State Street
9
State Street
Massachusetts
$216M -$2.13M -12,011 -1%
LWCFA
10
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$148M +$15.9M +89,963 +12%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$145M +$47.5M +268,027 +51%
RRAM
12
River Road Asset Management
Kentucky
$138M +$23.7M +133,922 +21%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$128M +$4.46M +25,184 +4%
Neuberger Berman Group
14
Neuberger Berman Group
New York
$126M -$11.7M -66,182 -9%
Brown Advisory
15
Brown Advisory
Maryland
$114M -$1.26M -7,142 -1%
Bank of America
16
Bank of America
North Carolina
$113M -$25.7M -144,857 -19%
Bessemer Group
17
Bessemer Group
New Jersey
$111M +$168K +950 +0.2%
Jennison Associates
18
Jennison Associates
New York
$98.7M -$7.89M -44,531 -8%
Primecap Management
19
Primecap Management
California
$91M -$43.8M -247,600 -33%
Norges Bank
20
Norges Bank
Norway
$84.9M +$1.55M +8,760 +2%
Goldman Sachs
21
Goldman Sachs
New York
$77.5M +$24.9M +140,870 +49%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$73M -$4.28M -24,170 -6%
SIMG
23
Stephens Investment Management Group
Texas
$66.9M +$1.51M +8,542 +2%
Northern Trust
24
Northern Trust
Illinois
$60.5M -$1.81M -10,203 -3%
Federated Hermes
25
Federated Hermes
Pennsylvania
$59.1M -$9.74M -55,013 -14%

WEX Hedge Fund Activity: Q2 2023 in Review

407 of the 6,369 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.

  • 407 institutional investors held WEX (WEX) as of Q2 2023, up from 403 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.