Workiva
106 hedge funds and large institutions have $450M invested in Workiva in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 14 closing their positions.
385% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $246K
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
32% more capital invested
Capital invested by funds: $341M → $450M (+$109M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
10% more funds holding
Funds holding: 96 → 106 (+10)
7.8% more ownership
Funds ownership: 50.83% → 58.63% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$30M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.4M |
| 3 |
Morgan Stanley
New York
|
+$10.8M |
| 4 |
Renaissance Technologies
New York
|
+$7.77M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$6.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEO
William E. Oberndorf
|
-$13.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.9M |
| 3 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
-$4.36M |
| 4 |
Millennium Management
New York
|
-$3.7M |
| 5 |
Two Sigma Investments
New York
|
-$3.12M |
WK Hedge Fund Activity: Q1 2018 in Review
106 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q1 2018, worth a combined $450M — up 32% from $341M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new WK positions and 14 closed out — a net gain of 10 holders — while 32 added to existing stakes and 27 trimmed.
The largest buyer was Riverbridge Partners, opening a new position worth an estimated $30M. The largest seller was William E. Oberndorf, cutting an estimated $13.8M.
- 106 institutional investors held Workiva (WK) as of Q1 2018, up from 96 in Q4 2017.
- Funds reported $450M of Workiva stock for Q1 2018, up 32% quarter-over-quarter.
- 24 funds opened new Workiva positions in Q1 2018 and 14 closed out, a net change of +10 holders.
- The largest Workiva buyer in Q1 2018 was Riverbridge Partners, an estimated $30M added.
- The largest Workiva seller in Q1 2018 was William E. Oberndorf, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2018.