Workiva
70 hedge funds and large institutions have $190M invested in Workiva in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 10 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
38% more capital invested
Capital invested by funds: $138M → $190M (+$52.1M)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
6.53% more ownership
Funds ownership: 33.42% → 39.95% (+6.5%)
5% less funds holding
Funds holding: 74 → 70 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.3M |
| 2 |
HWM
Highwater Wealth Management
Glendale,
Colorado
|
+$10.5M |
| 3 |
WEO
William E. Oberndorf
|
+$9.31M |
| 4 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
+$9.08M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$8.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.6M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$3.67M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.04M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.86M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
76
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$139K | -10,200 | Closed |
|
77
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$128K | -9,348 | Closed |
|
|
PCM
78
Penserra Capital Management
Orinda,
California
| – | -$64K | -4,720 | Closed |
|
79
Russell Investments Group
London,
United Kingdom
| – | -$3K | -205 | Closed |
|
|
PMFA
80
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -137 | Closed |
|
WK Hedge Fund Activity: Q1 2017 in Review
70 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q1 2017, worth a combined $190M — up 38% from $138M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new WK positions and 10 closed out — a net gain of 3 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, adding an estimated $18.3M. The largest seller was Morgan Stanley, cutting an estimated $13.6M.
- 70 institutional investors held Workiva (WK) as of Q1 2017, down from 74 in Q4 2016.
- Funds reported $190M of Workiva stock for Q1 2017, up 38% quarter-over-quarter.
- 13 funds opened new Workiva positions in Q1 2017 and 10 closed out, a net change of +3 holders.
- The largest Workiva buyer in Q1 2017 was BlackRock, an estimated $18.3M added.
- The largest Workiva seller in Q1 2017 was Morgan Stanley, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2017.