World Kinect Corp
230 hedge funds and large institutions have $1.5B invested in World Kinect Corp in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 92 increasing their positions, 79 reducing their positions, and 59 closing their positions.
1,275% more call options, than puts
Call options by funds: $385K | Put options by funds: $28K
16% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 79
2.62% less ownership
Funds ownership: 94.09% → 91.47% (-2.6%)
17% less funds holding
Funds holding: 276 → 230 (-46)
44% less capital invested
Capital invested by funds: $2.67B → $1.5B (-$1.17B)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
71% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$19.1M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$9.97M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.91M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.42M |
| 5 |
Goldman Sachs
New York
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$21.8M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$21M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$14.1M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$11.1M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$10.4M |
WKC Hedge Fund Activity: Q1 2020 in Review
230 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in World Kinect Corp (WKC) for Q1 2020, worth a combined $1.5B — down 44% from $2.67B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of WKC and 17 opened new positions — a net loss of 42 holders — while 79 trimmed existing stakes and 92 added.
The largest buyer was Boston Partners, adding an estimated $19.1M. The largest seller was Prudential Financial, cutting an estimated $21.8M.
- 230 institutional investors held World Kinect Corp (WKC) as of Q1 2020, down from 276 in Q4 2019.
- Funds reported $1.5B of World Kinect Corp stock for Q1 2020, down 44% quarter-over-quarter.
- 17 funds opened new World Kinect Corp positions in Q1 2020 and 59 closed out, a net change of -42 holders.
- The largest World Kinect Corp buyer in Q1 2020 was Boston Partners, an estimated $19.1M added.
- The largest World Kinect Corp seller in Q1 2020 was Prudential Financial, an estimated $21.8M sold.
Based on aggregated 13F filings for Q1 2020.