World Kinect Corp
223 hedge funds and large institutions have $1.21B invested in World Kinect Corp in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 93 increasing their positions, 79 reducing their positions, and 31 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 79
2.48% more ownership
Funds ownership: 92.32% → 94.81% (+2.5%)
5% less funds holding
Funds holding: 234 → 223 (-11)
17% less capital invested
Capital invested by funds: $1.46B → $1.21B (-$253M)
29% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 31
82% less call options, than puts
Call options by funds: $626K | Put options by funds: $3.46M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.96M |
| 2 |
Millennium Management
New York
|
+$5.46M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$4.99M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.72M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$11.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.4M |
| 3 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
-$3.89M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.01M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.86M |
WKC Hedge Fund Activity: Q2 2023 in Review
223 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in World Kinect Corp (WKC) for Q2 2023, worth a combined $1.21B — down 17% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of WKC and 22 opened new positions — a net loss of 9 holders — while 79 trimmed existing stakes and 93 added.
The largest buyer was Invesco, adding an estimated $6.96M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $11.2M sold.
- 223 institutional investors held World Kinect Corp (WKC) as of Q2 2023, down from 234 in Q1 2023.
- Funds reported $1.21B of World Kinect Corp stock for Q2 2023, down 17% quarter-over-quarter.
- 22 funds opened new World Kinect Corp positions in Q2 2023 and 31 closed out, a net change of -9 holders.
- The largest World Kinect Corp buyer in Q2 2023 was Invesco, an estimated $6.96M added.
- The largest World Kinect Corp seller in Q2 2023 was Ceredex Value Advisors, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2023.