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440 hedge funds and large institutions have $7.28B invested in WEX in 2024 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 135 increasing their positions, 153 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,190% more call options, than puts

Call options by funds: $92.1M | Put options by funds: $2.8M

41% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 59

4% more funds holding

Funds holding: 422440 (+18)

2.23% less ownership

Funds ownership: 100.2%97.97% (-2.2%)

12% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 153

27% less capital invested

Capital invested by funds: $9.92B → $7.28B (-$2.64B)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
440
Holders Change
+18
Holders Change %
+4.27%
% of All Funds
6.35%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.07%
New
83
Increased
135
Reduced
153
Closed
59
Calls
$92.1M
Puts
$2.8M
Net Calls
+$89.3M
Net Calls Change
+$10.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
1
Janus Henderson Group
United Kingdom
$733M +$10.1M +49,732 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$709M -$21.8M -107,026 -3%
BlackRock
3
BlackRock
New York
$659M -$27.9M -136,544 -4%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$480M -$15.2M -74,515 -3%
Morgan Stanley
5
Morgan Stanley
New York
$390M +$49.7M +243,537 +12%
IC
6
Impactive Capital
New York
$351M -$26M -127,243 -6%
PCM
7
PAR Capital Management
Massachusetts
$326M -$2.04M -10,000 -0.5%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$253M +$67M +328,533 +30%
State Street
9
State Street
Massachusetts
$219M -$6.46M -31,688 -2%
JP Morgan Chase
10
JP Morgan Chase
New York
$186M +$40.6M +199,008 +23%
LWCFA
11
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$174M +$9.83M +48,182 +6%
LAM
12
Lyrical Asset Management
New York
$153M -$4.4M -21,592 -2%
Bessemer Group
13
Bessemer Group
New Jersey
$138M +$8.38M +41,107 +6%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$124M -$116K -567 -0.1%
RRAM
15
River Road Asset Management
Kentucky
$122M +$5.75M +28,201 +4%
Brown Advisory
16
Brown Advisory
Maryland
$96.4M -$13.3M -65,230 -11%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$87.8M +$25.8M +126,663 +34%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$82.5M -$30.9M -151,600 -25%
Bank of America
19
Bank of America
North Carolina
$82M -$30.1M -147,807 -24%
Norges Bank
20
Norges Bank
Norway
$81.6M +$2.89M +14,145 +3%
Primecap Management
21
Primecap Management
California
$73.4M -$5.45M -26,717 -6%
Federated Hermes
22
Federated Hermes
Pennsylvania
$71.3M +$2.41M +11,821 +3%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$67.1M +$3.67M +17,989 +5%
Charles Schwab
24
Charles Schwab
California
$59.8M +$583K +2,859 +0.9%
Northern Trust
25
Northern Trust
Illinois
$58.1M +$7.95M +38,969 +13%

WEX Hedge Fund Activity: Q2 2024 in Review

440 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in WEX (WEX) for Q2 2024, worth a combined $7.28B — down 27% from $9.92B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new WEX positions and 59 closed out — a net gain of 24 holders — while 135 added to existing stakes and 153 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $67M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $72.6M sold.

  • 440 institutional investors held WEX (WEX) as of Q2 2024, up from 422 in Q1 2024.
  • Funds reported $7.28B of WEX stock for Q2 2024, down 27% quarter-over-quarter.
  • 83 funds opened new WEX positions in Q2 2024 and 59 closed out, a net change of +24 holders.
  • The largest WEX buyer in Q2 2024 was Fidelity Investments, an estimated $67M added.
  • The largest WEX seller in Q2 2024 was Stephens Investment Management Group, an estimated $72.6M sold.

Based on aggregated 13F filings for Q2 2024.