Wabash National
WNC
199 hedge funds and large institutions have $423M invested in Wabash National in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 76 increasing their positions, 53 reducing their positions, and 30 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 53
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
2.51% more ownership
Funds ownership: 105.93% → 108.44% (+2.5%)
2% more funds holding
Funds holding: 196 → 199 (+3)
26% less call options, than puts
Call options by funds: $795K | Put options by funds: $1.07M
50% less capital invested
Capital invested by funds: $842M → $423M (-$418M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$15.8M |
| 2 |
Morgan Stanley
New York
|
+$7.28M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$6.38M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$5.53M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$15M |
| 2 |
Renaissance Technologies
New York
|
-$8.9M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$7M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$5.97M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.59M |
WNC Hedge Fund Activity: Q1 2020 in Review
199 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Wabash National (WNC) for Q1 2020, worth a combined $423M — down 50% from $842M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new WNC positions and 30 closed out — a net gain of 5 holders — while 76 added to existing stakes and 53 trimmed.
The largest buyer was Towle & Co, opening a new position worth an estimated $15.8M. The largest seller was JP Morgan Chase, cutting an estimated $15M.
- 199 institutional investors held Wabash National (WNC) as of Q1 2020, up from 196 in Q4 2019.
- Funds reported $423M of Wabash National stock for Q1 2020, down 50% quarter-over-quarter.
- 35 funds opened new Wabash National positions in Q1 2020 and 30 closed out, a net change of +5 holders.
- The largest Wabash National buyer in Q1 2020 was Towle & Co, an estimated $15.8M added.
- The largest Wabash National seller in Q1 2020 was JP Morgan Chase, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2020.