Western Union
593 hedge funds and large institutions have $11.9B invested in Western Union in 2013 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 210 increasing their positions, 233 reducing their positions, and 46 closing their positions.
119% more call options, than puts
Call options by funds: $92.8M | Put options by funds: $42.3M
32% more capital invested
Capital invested by funds: $9.02B → $11.9B (+$2.88B)
26% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 46
2% more funds holding
Funds holding: 584 → 593 (+9)
1.19% more ownership
Funds ownership: 94.67% → 95.86% (+1.2%)
10% less repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 233
9% less funds holding in top 10
Funds holding in top 10: 33 → 30 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$152M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$140M |
| 3 |
AIG
American International Group
New York
|
+$55.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$44.5M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$212M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$109M |
| 3 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
-$61.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$54.7M |
| 5 |
MP
Makaira Partners
La Jolla,
California
|
-$49.6M |
WU Hedge Fund Activity: Q3 2013 in Review
593 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Western Union (WU) for Q3 2013, worth a combined $11.9B — up 32% from $9.02B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new WU positions and 46 closed out — a net gain of 12 holders — while 210 added to existing stakes and 233 trimmed.
The largest buyer was Herndon Capital Management, adding an estimated $152M. The largest seller was Massachusetts Financial Services, cutting an estimated $212M.
- 593 institutional investors held Western Union (WU) as of Q3 2013, up from 584 in Q2 2013.
- Funds reported $11.9B of Western Union stock for Q3 2013, up 32% quarter-over-quarter.
- 58 funds opened new Western Union positions in Q3 2013 and 46 closed out, a net change of +12 holders.
- The largest Western Union buyer in Q3 2013 was Herndon Capital Management, an estimated $152M added.
- The largest Western Union seller in Q3 2013 was Massachusetts Financial Services, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2013.