Wabash National
WNC
225 hedge funds and large institutions have $1.36B invested in Wabash National in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 42 closing their positions.
2% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 42
1% less funds holding
Funds holding: 227 → 225 (-2)
12.01% less ownership
Funds ownership: 126.03% → 114.02% (-12%)
13% less capital invested
Capital invested by funds: $1.56B → $1.36B (-$207M)
31% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 88
42% less call options, than puts
Call options by funds: $1.85M | Put options by funds: $3.22M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.99M |
| 2 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$7M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$5.03M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$4.11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$38.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.6M |
| 4 |
Goldman Sachs
New York
|
-$8.8M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.66M |
WNC Hedge Fund Activity: Q1 2018 in Review
225 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Wabash National (WNC) for Q1 2018, worth a combined $1.36B — down 13% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new WNC positions and 42 closed out — a net gain of 1 holder — while 61 added to existing stakes and 88 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.99M. The largest seller was Scopus Asset Management, cutting an estimated $38.2M.
- 225 institutional investors held Wabash National (WNC) as of Q1 2018, down from 227 in Q4 2017.
- Funds reported $1.36B of Wabash National stock for Q1 2018, down 13% quarter-over-quarter.
- 43 funds opened new Wabash National positions in Q1 2018 and 42 closed out, a net change of +1 holder.
- The largest Wabash National buyer in Q1 2018 was Morgan Stanley, an estimated $8.99M added.
- The largest Wabash National seller in Q1 2018 was Scopus Asset Management, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2018.