World Kinect Corp
234 hedge funds and large institutions have $1.46B invested in World Kinect Corp in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 101 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
8.5% more ownership
Funds ownership: 83.83% → 92.32% (+8.5%)
4% more funds holding
Funds holding: 226 → 234 (+8)
3% more capital invested
Capital invested by funds: $1.42B → $1.46B (+$44.4M)
25% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 101
25% less call options, than puts
Call options by funds: $738K | Put options by funds: $986K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$6.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.83M |
| 5 |
JP Morgan Chase
New York
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$15.8M |
| 2 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$11.3M |
| 3 |
BlackRock
New York
|
-$7.24M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$5.31M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.6M |
WKC Hedge Fund Activity: Q1 2023 in Review
234 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in World Kinect Corp (WKC) for Q1 2023, worth a combined $1.46B — up 3.1% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new WKC positions and 20 closed out — a net gain of 10 holders — while 76 added to existing stakes and 101 trimmed.
The largest buyer was Invesco, adding an estimated $11.9M. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $15.8M sold.
- 234 institutional investors held World Kinect Corp (WKC) as of Q1 2023, up from 226 in Q4 2022.
- Funds reported $1.46B of World Kinect Corp stock for Q1 2023, up 3.1% quarter-over-quarter.
- 30 funds opened new World Kinect Corp positions in Q1 2023 and 20 closed out, a net change of +10 holders.
- The largest World Kinect Corp buyer in Q1 2023 was Invesco, an estimated $11.9M added.
- The largest World Kinect Corp seller in Q1 2023 was Invenomic Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2023.