Wabash National
WNC
159 hedge funds and large institutions have $834M invested in Wabash National in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 57 reducing their positions, and 22 closing their positions.
126% more call options, than puts
Call options by funds: $2.04M | Put options by funds: $900K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
6% more capital invested
Capital invested by funds: $786M → $834M (+$48.2M)
6% more funds holding
Funds holding: 150 → 159 (+9)
0.11% more ownership
Funds ownership: 99.23% → 99.34% (+0.11%)
12% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
+$13.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.5M |
| 3 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$4.66M |
| 4 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$4.53M |
| 5 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Friess Associates
Greenville,
Delaware
|
-$22.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.19M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$5.36M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.78M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$3.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Los Angeles Capital Management
Los Angeles,
California
| – | -$166K | -14,279 | Closed |
|
177
SG Americas Securities
New York
| – | -$144K | -12,324 | Closed |
|
178
Comerica Bank
Dallas,
Texas
| – | -$123K | -10,560 | Closed |
|
|
CCM
179
Compton Capital Management
Providence,
Rhode Island
| – | -$121K | -10,350 | Closed |
|
180
Prudential Financial
Newark,
New Jersey
| – | -$117K | -10,021 | Closed |
|
|
LI
181
LMCG Investments
Boston,
Massachusetts
| – | -$19K | -1,624 | Closed |
|
WNC Hedge Fund Activity: Q4 2013 in Review
159 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Wabash National (WNC) for Q4 2013, worth a combined $834M — up 6.1% from $786M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new WNC positions and 22 closed out — a net gain of 9 holders — while 50 added to existing stakes and 57 trimmed.
The largest buyer was Hawkeye Capital Management, opening a new position worth an estimated $13.8M. The largest seller was Friess Associates, exiting entirely with an estimated $22.7M sold.
- 159 institutional investors held Wabash National (WNC) as of Q4 2013, up from 150 in Q3 2013.
- Funds reported $834M of Wabash National stock for Q4 2013, up 6.1% quarter-over-quarter.
- 31 funds opened new Wabash National positions in Q4 2013 and 22 closed out, a net change of +9 holders.
- The largest Wabash National buyer in Q4 2013 was Hawkeye Capital Management, an estimated $13.8M added.
- The largest Wabash National seller in Q4 2013 was Friess Associates, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2013.