Willis Towers Watson
558 hedge funds and large institutions have $20.1B invested in Willis Towers Watson in 2023 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 175 increasing their positions, 234 reducing their positions, and 79 closing their positions.
138% more call options, than puts
Call options by funds: $110M | Put options by funds: $46.3M
58% more funds holding in top 10
Funds holding in top 10: 12 → 19 (+7)
0.36% more ownership
Funds ownership: 91.32% → 91.69% (+0.36%)
4% less funds holding
Funds holding: 579 → 558 (-21)
12% less capital invested
Capital invested by funds: $22.8B → $20.1B (-$2.72B)
22% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 79
25% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 234
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$144M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$139M |
| 3 |
First Eagle Investment Management
New York
|
+$95.1M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$86.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$346M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$250M |
| 3 |
SV
Starboard Value
New York
|
-$120M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$108M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$91.7M |
WTW Hedge Fund Activity: Q3 2023 in Review
558 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q3 2023, worth a combined $20.1B — down 12% from $22.8B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of WTW and 62 opened new positions — a net loss of 17 holders — while 234 trimmed existing stakes and 175 added.
The largest buyer was Harris Associates, adding an estimated $144M. The largest seller was Franklin Resources, cutting an estimated $346M.
- 558 institutional investors held Willis Towers Watson (WTW) as of Q3 2023, down from 579 in Q2 2023.
- Funds reported $20.1B of Willis Towers Watson stock for Q3 2023, down 12% quarter-over-quarter.
- 62 funds opened new Willis Towers Watson positions in Q3 2023 and 79 closed out, a net change of -17 holders.
- The largest Willis Towers Watson buyer in Q3 2023 was Harris Associates, an estimated $144M added.
- The largest Willis Towers Watson seller in Q3 2023 was Franklin Resources, an estimated $346M sold.
Based on aggregated 13F filings for Q3 2023.