Wabash National
WNC
216 hedge funds and large institutions have $910M invested in Wabash National in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 73 increasing their positions, 82 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
35% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $890K
7% more funds holding
Funds holding: 201 → 216 (+15)
5% more capital invested
Capital invested by funds: $862M → $910M (+$47.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.32% less ownership
Funds ownership: 109.71% → 107.39% (-2.3%)
11% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.46M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.27M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.41M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$7.14M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$23.8M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$20.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.68M |
| 4 |
ACM
Accipiter Capital Management
Palm Beach Gardens,
Florida
|
-$8.05M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
226
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$286K | -24,193 | Closed |
|
227
Axa
Paris,
France
| – | -$272K | -23,000 | Closed |
|
|
USAA
228
United Services Automobile Association
San Antonio,
Texas
| – | -$220K | -18,600 | Closed |
|
229
Squarepoint
New York
| – | -$150K | -12,700 | Closed |
|
|
HNB
230
Huntington National Bank
Columbus,
Ohio
| – | -$81K | -6,867 | Closed |
|
231
Bessemer Group
Woodbridge,
New Jersey
| – | -$35K | -3,000 | Closed |
|
|
FMA
232
FNY Managed Accounts
New York
| – | -$30.8K | -2,600 | Closed |
|
|
CG
233
Cutler Group
San Francisco,
California
| – | -$27.1K | -2,319 | Closed |
|
|
CSS
234
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$7K | -574 | Closed |
|
|
QCG
235
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6K | -522 | Closed |
|
|
AFP
236
Ausdal Financial Partners
Davenport,
Iowa
| – | -$4K | -335 | Closed |
|
|
KCPG
237
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$1K | -100 | Closed |
|
|
MAM
238
Meeder Asset Management
Dublin,
Ohio
| – | +$117 | +10 | New |
|
|
WA
239
WFG Advisors
Dallas,
Texas
| – | +$339 | +29 | New |
|
WNC Hedge Fund Activity: Q1 2016 in Review
216 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Wabash National (WNC) for Q1 2016, worth a combined $910M — up 5.5% from $862M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new WNC positions and 23 closed out — a net gain of 16 holders — while 73 added to existing stakes and 82 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.46M. The largest seller was Franklin Resources, exiting entirely with an estimated $23.8M sold.
- 216 institutional investors held Wabash National (WNC) as of Q1 2016, up from 201 in Q4 2015.
- Funds reported $910M of Wabash National stock for Q1 2016, up 5.5% quarter-over-quarter.
- 39 funds opened new Wabash National positions in Q1 2016 and 23 closed out, a net change of +16 holders.
- The largest Wabash National buyer in Q1 2016 was Millennium Management, an estimated $9.46M added.
- The largest Wabash National seller in Q1 2016 was Franklin Resources, an estimated $23.8M sold.
Based on aggregated 13F filings for Q1 2016.