Workiva
71 hedge funds and large institutions have $195M invested in Workiva in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
47% more capital invested
Capital invested by funds: $133M → $195M (+$62.5M)
20% more funds holding
Funds holding: 59 → 71 (+12)
2.8% more ownership
Funds ownership: 33.51% → 36.31% (+2.8%)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
Top Buyers
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$7.03M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.68M |
| 3 |
Millennium Management
New York
|
+$1.87M |
| 4 |
EGM
Espalier Global Management
New York
|
+$1.62M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
+$1.6M |
Top Sellers
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.33M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$870K |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$861K |
| 4 |
Morgan Stanley
New York
|
-$733K |
| 5 |
CCM
Cadian Capital Management
New York
|
-$512K |
WK Hedge Fund Activity: Q3 2016 in Review
71 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q3 2016, worth a combined $195M — up 47% from $133M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new WK positions and 5 closed out — a net gain of 12 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Next Century Growth Investors, adding an estimated $7.03M. The largest seller was Alyeska Investment Group, cutting an estimated $4.33M.
- 71 institutional investors held Workiva (WK) as of Q3 2016, up from 59 in Q2 2016.
- Funds reported $195M of Workiva stock for Q3 2016, up 47% quarter-over-quarter.
- 17 funds opened new Workiva positions in Q3 2016 and 5 closed out, a net change of +12 holders.
- The largest Workiva buyer in Q3 2016 was Next Century Growth Investors, an estimated $7.03M added.
- The largest Workiva seller in Q3 2016 was Alyeska Investment Group, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2016.