Encore Wire Corp
WIRE
WIRE was delisted on the 1st of July, 2024.
346 hedge funds and large institutions have $3.21B invested in Encore Wire Corp in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 97 increasing their positions, 159 reducing their positions, and 31 closing their positions.
40% more capital invested
Capital invested by funds: $2.3B → $3.21B (+$911M)
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% more funds holding
Funds holding: 337 → 346 (+9)
5% more call options, than puts
Call options by funds: $27.4M | Put options by funds: $26.2M
39% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$97.6M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$13.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$10.8M |
| 5 |
JFG
Jefferies Financial Group
New York
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$26.7M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$25.2M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$16.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14.2M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$13M |
WIRE Hedge Fund Activity: Q1 2023 in Review
346 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Encore Wire Corp (WIRE) for Q1 2023, worth a combined $3.21B — up 40% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new WIRE positions and 31 closed out — a net gain of 12 holders — while 97 added to existing stakes and 159 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $97.6M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $26.7M sold.
- 346 institutional investors held Encore Wire Corp (WIRE) as of Q1 2023, up from 337 in Q4 2022.
- Funds reported $3.21B of Encore Wire Corp stock for Q1 2023, up 40% quarter-over-quarter.
- 43 funds opened new Encore Wire Corp positions in Q1 2023 and 31 closed out, a net change of +12 holders.
- The largest Encore Wire Corp buyer in Q1 2023 was Envestnet Asset Management, an estimated $97.6M added.
- The largest Encore Wire Corp seller in Q1 2023 was Wasatch Advisors, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2023.