Wabash National
WNC
190 hedge funds and large institutions have $654M invested in Wabash National in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 78 reducing their positions, and 30 closing their positions.
55% more capital invested
Capital invested by funds: $423M → $654M (+$231M)
48% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.42M
7.67% more ownership
Funds ownership: 108.44% → 116.1% (+7.7%)
5% less funds holding
Funds holding: 199 → 190 (-9)
23% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 30
26% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$20.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$9.43M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$5.53M |
| 4 |
RI
RWWM Inc
Rocklin,
California
|
+$5.09M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$10.9M |
| 2 |
Morgan Stanley
New York
|
-$6.35M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.26M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$2.54M |
| 5 |
CEI
Clark Estates Inc
New York
|
-$1.93M |
WNC Hedge Fund Activity: Q2 2020 in Review
190 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Wabash National (WNC) for Q2 2020, worth a combined $654M — up 55% from $423M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of WNC and 23 opened new positions — a net loss of 7 holders — while 78 trimmed existing stakes and 58 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $20.2M. The largest seller was Prudential Financial, cutting an estimated $10.9M.
- 190 institutional investors held Wabash National (WNC) as of Q2 2020, down from 199 in Q1 2020.
- Funds reported $654M of Wabash National stock for Q2 2020, up 55% quarter-over-quarter.
- 23 funds opened new Wabash National positions in Q2 2020 and 30 closed out, a net change of -7 holders.
- The largest Wabash National buyer in Q2 2020 was Franklin Resources, an estimated $20.2M added.
- The largest Wabash National seller in Q2 2020 was Prudential Financial, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2020.