Wingstop
WING
121 hedge funds and large institutions have $1.02B invested in Wingstop in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 55 increasing their positions, 17 reducing their positions, and 10 closing their positions.
330% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 10
224% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 17
222% more call options, than puts
Call options by funds: $2.73M | Put options by funds: $849K
120.15% more ownership
Funds ownership: 0% → 120.15% (+120%)
44% more capital invested
Capital invested by funds: $710M → $1.02B (+$312M)
34% more funds holding
Funds holding: 90 → 121 (+31)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$41.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$35.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$24.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.79M |
| 3 |
Morgan Stanley
New York
|
-$4.1M |
| 4 |
Millennium Management
New York
|
-$2.58M |
| 5 |
Renaissance Technologies
New York
|
-$2.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
126
Invictus RG
Hamilton,
Bermuda
| – | -$218K | -7,448 | Closed |
|
|
JG
127
Jefferies Group
New York
| – | -$65K | -2,209 | Closed |
|
|
PCM
128
Penserra Capital Management
Orinda,
California
| – | -$34K | -1,187 | Closed |
|
|
IA
129
IFP Advisors
Tampa,
Florida
| – | -$17.6K | -600 | -100% |
|
130
Creative Planning
Overland Park,
Kansas
| – | +$206 | +7 | New |
|
|
PFBT
131
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$441 | +15 | New |
|
WING Hedge Fund Activity: Q4 2016 in Review
121 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Wingstop (WING) for Q4 2016, worth a combined $1.02B — up 44% from $710M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new WING positions and 10 closed out — a net gain of 33 holders — while 55 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $41.9M. The largest seller was Victory Capital Management, cutting an estimated $24.1M.
- 121 institutional investors held Wingstop (WING) as of Q4 2016, up from 90 in Q3 2016.
- Funds reported $1.02B of Wingstop stock for Q4 2016, up 44% quarter-over-quarter.
- 43 funds opened new Wingstop positions in Q4 2016 and 10 closed out, a net change of +33 holders.
- The largest Wingstop buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $41.9M added.
- The largest Wingstop seller in Q4 2016 was Victory Capital Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2016.