Wingstop
WING
428 hedge funds and large institutions have $11.1B invested in Wingstop in 2024 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 133 increasing their positions, 164 reducing their positions, and 40 closing their positions.
123% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 40
38% more capital invested
Capital invested by funds: $8.01B → $11.1B (+$3.06B)
12% more funds holding
Funds holding: 381 → 428 (+47)
3.06% less ownership
Funds ownership: 106.09% → 103.04% (-3.1%)
19% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 164
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
48% less call options, than puts
Call options by funds: $373M | Put options by funds: $719M
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$93.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$55.8M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$50.9M |
| 4 |
Renaissance Technologies
New York
|
+$49.2M |
| 5 |
Two Sigma Advisers
New York
|
+$44.8M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$140M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$140M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$127M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$77.2M |
| 5 |
Morgan Stanley
New York
|
-$56.5M |
WING Hedge Fund Activity: Q1 2024 in Review
428 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Wingstop (WING) for Q1 2024, worth a combined $11.1B — up 38% from $8.01B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new WING positions and 40 closed out — a net gain of 49 holders — while 133 added to existing stakes and 164 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $93.6M. The largest seller was Wellington Management Group, cutting an estimated $140M.
- 428 institutional investors held Wingstop (WING) as of Q1 2024, up from 381 in Q4 2023.
- Funds reported $11.1B of Wingstop stock for Q1 2024, up 38% quarter-over-quarter.
- 89 funds opened new Wingstop positions in Q1 2024 and 40 closed out, a net change of +49 holders.
- The largest Wingstop buyer in Q1 2024 was Arrowstreet Capital, an estimated $93.6M added.
- The largest Wingstop seller in Q1 2024 was Wellington Management Group, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2024.