Winmark
WINA
98 hedge funds and large institutions have $311M invested in Winmark in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 15 closing their positions.
8.02% more ownership
Funds ownership: 58.76% → 66.79% (+8%)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
5% less funds holding
Funds holding: 103 → 98 (-5)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
32% less capital invested
Capital invested by funds: $457M → $311M (-$146M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$27.4M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$5.42M |
| 3 |
Morgan Stanley
New York
|
+$3.91M |
| 4 |
JP Morgan Chase
New York
|
+$3.85M |
| 5 |
Renaissance Technologies
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$3.51M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.41M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$3.12M |
| 4 |
DC
Defender Capital
Charlotte,
North Carolina
|
-$2.46M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Squarepoint
New York
| – | -$356K | -1,797 | Closed |
|
102
D.E. Shaw & Co
New York
| – | -$319K | -1,608 | Closed |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$287K | -1,448 | Closed |
|
|
MPAM
104
Murphy Pohlad Asset Management
Eden Prairie,
Minnesota
| – | -$275K | -1,388 | Closed |
|
105
VOYA Investment Management
Atlanta,
Georgia
| – | -$242K | -1,221 | Closed |
|
|
EMG
106
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$238K | -1,200 | Closed |
|
|
SCP
107
Seizert Capital Partners
Birmingham,
Michigan
| – | -$232K | -1,168 | Closed |
|
108
UBS AM
Chicago,
Illinois
| – | -$223K | -1,126 | Closed |
|
109
Envestnet Asset Management
Chicago,
Illinois
| – | -$215K | -1,084 | Closed |
|
110
Russell Investments Group
London,
United Kingdom
| – | -$129K | -652 | Closed |
|
111
Lazard Asset Management
New York
| – | -$22K | -111 | Closed |
|
|
OAM
112
Oppenheimer Asset Management
New York
| – | -$3K | -15 | Closed |
|
|
WAP
113
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$1K | -5 | Closed |
|
WINA Hedge Fund Activity: Q1 2020 in Review
98 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Winmark (WINA) for Q1 2020, worth a combined $311M — down 32% from $457M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of WINA and 12 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 32 added.
The largest buyer was Mawer Investment Management, adding an estimated $27.4M. The largest seller was Nine Ten Capital Management, cutting an estimated $3.51M.
- 98 institutional investors held Winmark (WINA) as of Q1 2020, down from 103 in Q4 2019.
- Funds reported $311M of Winmark stock for Q1 2020, down 32% quarter-over-quarter.
- 12 funds opened new Winmark positions in Q1 2020 and 15 closed out, a net change of -3 holders.
- The largest Winmark buyer in Q1 2020 was Mawer Investment Management, an estimated $27.4M added.
- The largest Winmark seller in Q1 2020 was Nine Ten Capital Management, an estimated $3.51M sold.
Based on aggregated 13F filings for Q1 2020.