Willis Towers Watson
630 hedge funds and large institutions have $23B invested in Willis Towers Watson in 2023 Q4 according to their latest regulatory filings, with 122 funds opening new positions, 197 increasing their positions, 227 reducing their positions, and 43 closing their positions.
184% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 43
118% more call options, than puts
Call options by funds: $126M | Put options by funds: $57.7M
14% more capital invested
Capital invested by funds: $20.1B → $23B (+$2.86B)
13% more funds holding
Funds holding: 559 → 630 (+71)
0.57% more ownership
Funds ownership: 91.69% → 92.26% (+0.57%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
13% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 227
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$334M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$103M |
| 3 |
Millennium Management
New York
|
+$89.9M |
| 4 |
Bank of New York Mellon
New York
|
+$73.3M |
| 5 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$70.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
-$392M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$232M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$86.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$72M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$66.1M |
WTW Hedge Fund Activity: Q4 2023 in Review
630 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q4 2023, worth a combined $23B — up 14% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new WTW positions and 43 closed out — a net gain of 79 holders — while 197 added to existing stakes and 227 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $334M. The largest seller was Cantillon Capital Management, exiting entirely with an estimated $392M sold.
- 630 institutional investors held Willis Towers Watson (WTW) as of Q4 2023, up from 559 in Q3 2023.
- Funds reported $23B of Willis Towers Watson stock for Q4 2023, up 14% quarter-over-quarter.
- 122 funds opened new Willis Towers Watson positions in Q4 2023 and 43 closed out, a net change of +79 holders.
- The largest Willis Towers Watson buyer in Q4 2023 was Victory Capital Management, an estimated $334M added.
- The largest Willis Towers Watson seller in Q4 2023 was Cantillon Capital Management, an estimated $392M sold.
Based on aggregated 13F filings for Q4 2023.