Workiva
79 hedge funds and large institutions have $257M invested in Workiva in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 4 closing their positions.
10,325% more call options, than puts
Call options by funds: $417K | Put options by funds: $4K
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
35% more capital invested
Capital invested by funds: $190M → $257M (+$66.7M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
13% more funds holding
Funds holding: 70 → 79 (+9)
4.2% more ownership
Funds ownership: 39.95% → 44.15% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGI
Discovery Group I
Chicago,
Illinois
|
+$15.9M |
| 2 |
Renaissance Technologies
New York
|
+$4.4M |
| 3 |
SIM
Spark Investment Management
New York
|
+$2.92M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.61M |
| 5 |
JP Morgan Chase
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$9.39M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4.58M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.94M |
| 4 |
Morgan Stanley
New York
|
-$2.26M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$739K |
WK Hedge Fund Activity: Q2 2017 in Review
79 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q2 2017, worth a combined $257M — up 35% from $190M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new WK positions and 4 closed out — a net gain of 9 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Discovery Group I, adding an estimated $15.9M. The largest seller was Cadian Capital Management, exiting entirely with an estimated $9.39M sold.
- 79 institutional investors held Workiva (WK) as of Q2 2017, up from 70 in Q1 2017.
- Funds reported $257M of Workiva stock for Q2 2017, up 35% quarter-over-quarter.
- 13 funds opened new Workiva positions in Q2 2017 and 4 closed out, a net change of +9 holders.
- The largest Workiva buyer in Q2 2017 was Discovery Group I, an estimated $15.9M added.
- The largest Workiva seller in Q2 2017 was Cadian Capital Management, an estimated $9.39M sold.
Based on aggregated 13F filings for Q2 2017.