WAUSAU PAPER CORP.
WPP was delisted on the 20th of January, 2016.
129 hedge funds and large institutions have $443M invested in WAUSAU PAPER CORP. in 2015 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 27 closing their positions.
53% more capital invested
Capital invested by funds: $290M → $443M (+$154M)
30% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 27
6% more funds holding
Funds holding: 122 → 129 (+7)
11% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 36
100% less call options, than puts
Call options by funds: $6K | Put options by funds: $1.57M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$20M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.9M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$16.1M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$14.9M |
| 5 |
WIC
Water Island Capital
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LionEye Capital Management
New York
|
-$24.7M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$21.2M |
| 3 |
ACM
Altai Capital Management
West Hollywood,
California
|
-$16M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$14M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KMC
151
Kirr Marbach & Co
Columbus,
Indiana
| – | -$78K | -12,200 | Closed |
|
|
MCM
152
Mazama Capital Management
Portland,
Oregon
| – | -$32K | -5,054 | Closed |
|
153
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -235 | Closed |
|
|
CAW
154
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -121 | Closed |
|
|
TRCT
155
Tower Research Capital (TRC)
New York
| – | +$275 | +28 | New |
|
WPP Hedge Fund Activity: Q4 2015 in Review
129 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in WAUSAU PAPER CORP. (WPP) for Q4 2015, worth a combined $443M — up 53% from $290M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new WPP positions and 27 closed out — a net gain of 8 holders — while 32 added to existing stakes and 36 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $20M. The largest seller was LionEye Capital Management, exiting entirely with an estimated $24.7M sold.
- 129 institutional investors held WAUSAU PAPER CORP. (WPP) as of Q4 2015, up from 122 in Q3 2015.
- Funds reported $443M of WAUSAU PAPER CORP. stock for Q4 2015, up 53% quarter-over-quarter.
- 35 funds opened new WAUSAU PAPER CORP. positions in Q4 2015 and 27 closed out, a net change of +8 holders.
- The largest WAUSAU PAPER CORP. buyer in Q4 2015 was Magnetar Financial, an estimated $20M added.
- The largest WAUSAU PAPER CORP. seller in Q4 2015 was LionEye Capital Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q4 2015.