WPP
212 hedge funds and large institutions have $968M invested in WPP in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 76 increasing their positions, 59 reducing their positions, and 29 closing their positions.
38% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 29
29% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 59
2% more funds holding
Funds holding: 207 → 212 (+5)
5% less capital invested
Capital invested by funds: $1.01B → $968M (-$46.9M)
20% less call options, than puts
Call options by funds: $1.65M | Put options by funds: $2.07M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$46.3M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$34.5M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$17.4M |
| 4 |
Renaissance Technologies
New York
|
+$14.7M |
| 5 |
Two Sigma Investments
New York
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$33.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.2M |
| 3 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
-$15.2M |
| 4 |
Millennium Management
New York
|
-$5.48M |
| 5 |
Goldman Sachs
New York
|
-$2.98M |
WPP Hedge Fund Activity: Q3 2017 in Review
212 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in WPP (WPP) for Q3 2017, worth a combined $968M — down 4.6% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new WPP positions and 29 closed out — a net gain of 11 holders — while 76 added to existing stakes and 59 trimmed.
The largest buyer was Brandes Investment Partners, opening a new position worth an estimated $46.3M. The largest seller was Invesco, cutting an estimated $33.3M.
- 212 institutional investors held WPP (WPP) as of Q3 2017, up from 207 in Q2 2017.
- Funds reported $968M of WPP stock for Q3 2017, down 4.6% quarter-over-quarter.
- 40 funds opened new WPP positions in Q3 2017 and 29 closed out, a net change of +11 holders.
- The largest WPP buyer in Q3 2017 was Brandes Investment Partners, an estimated $46.3M added.
- The largest WPP seller in Q3 2017 was Invesco, an estimated $33.3M sold.
Based on aggregated 13F filings for Q3 2017.