Workiva
74 hedge funds and large institutions have $138M invested in Workiva in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 14 reducing their positions, and 11 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 14
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
4% more funds holding
Funds holding: 71 → 74 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.89% less ownership
Funds ownership: 36.31% → 33.42% (-2.9%)
17% less call options, than puts
Call options by funds: $149K | Put options by funds: $180K
30% less capital invested
Capital invested by funds: $197M → $138M (-$58.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEO
William E. Oberndorf
|
+$26.2M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$3.68M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$1.74M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.6M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$24.2M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$12.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1M |
| 4 |
Morgan Stanley
New York
|
-$4.9M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.42M |
WK Hedge Fund Activity: Q4 2016 in Review
74 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q4 2016, worth a combined $138M — down 30% from $197M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new WK positions and 11 closed out — a net gain of 4 holders — while 34 added to existing stakes and 14 trimmed.
The largest buyer was William E. Oberndorf, opening a new position worth an estimated $26.2M. The largest seller was Cadian Capital Management, cutting an estimated $24.2M.
- 74 institutional investors held Workiva (WK) as of Q4 2016, up from 71 in Q3 2016.
- Funds reported $138M of Workiva stock for Q4 2016, down 30% quarter-over-quarter.
- 15 funds opened new Workiva positions in Q4 2016 and 11 closed out, a net change of +4 holders.
- The largest Workiva buyer in Q4 2016 was William E. Oberndorf, an estimated $26.2M added.
- The largest Workiva seller in Q4 2016 was Cadian Capital Management, an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2016.