Warby Parker
WRBY
162 hedge funds and large institutions have $946M invested in Warby Parker in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 48 reducing their positions, and 29 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 170 → 162 (-8)
5.22% less ownership
Funds ownership: 98.35% → 93.13% (-5.2%)
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
26% less capital invested
Capital invested by funds: $1.27B → $946M (-$327M)
86% less call options, than puts
Call options by funds: $827K | Put options by funds: $5.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.8M |
| 2 |
DFO
Duquesne Family Office
New York
|
+$8.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.93M |
| 4 |
Two Sigma Investments
New York
|
+$5.54M |
| 5 |
Renaissance Technologies
New York
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.9M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$30.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Principal Financial Group
Des Moines,
Iowa
| – | -$136K | -10,105 | Closed |
|
177
Walleye Trading
New York
| – | -$120K | -8,905 | Closed |
|
|
WOSD
178
WFA of San Diego
San Diego,
California
| – | -$5.4K | -400 | Closed |
|
179
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4.22K | -313 | Closed |
|
180
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4.15K | -303 | -87% |
|
|
TWA
181
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2.97K | -220 | Closed |
|
|
BAM
182
Belpointe Asset Management
Reno,
Nevada
| – | -$2.74K | -203 | Closed |
|
183
Rockefeller Capital Management
New York
| – | -$2K | -200 | Closed |
|
|
NA
184
NewEdge Advisors
New Orleans,
Louisiana
| – | -$2.16K | -160 | Closed |
|
|
BIA
185
Bell Investment Advisors
Oakland,
California
| – | -$890 | -66 | Closed |
|
|
LC
186
Lindbrook Capital
Calabasas,
California
| – | -$621 | -46 | Closed |
|
|
DFCM
187
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$189 | -14 | Closed |
|
|
MCC
188
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$108 | -8 | Closed |
|
WRBY Hedge Fund Activity: Q1 2023 in Review
162 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Warby Parker (WRBY) for Q1 2023, worth a combined $946M — down 26% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of WRBY and 24 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 57 added.
The largest buyer was Millennium Management, adding an estimated $12.8M. The largest seller was Fidelity Investments, cutting an estimated $43.9M.
- 162 institutional investors held Warby Parker (WRBY) as of Q1 2023, down from 170 in Q4 2022.
- Funds reported $946M of Warby Parker stock for Q1 2023, down 26% quarter-over-quarter.
- 24 funds opened new Warby Parker positions in Q1 2023 and 29 closed out, a net change of -5 holders.
- The largest Warby Parker buyer in Q1 2023 was Millennium Management, an estimated $12.8M added.
- The largest Warby Parker seller in Q1 2023 was Fidelity Investments, an estimated $43.9M sold.
Based on aggregated 13F filings for Q1 2023.