Western Union
561 hedge funds and large institutions have $9.17B invested in Western Union in 2014 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 195 increasing their positions, 245 reducing their positions, and 76 closing their positions.
1.9% more ownership
Funds ownership: 100.09% → 101.99% (+1.9%)
3% less capital invested
Capital invested by funds: $9.46B → $9.17B (-$287M)
6% less funds holding
Funds holding: 598 → 561 (-37)
20% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 245
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
39% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 76
100% less call options, than puts
Call options by funds: $45.9M | Put options by funds: $21.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$119M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$73.4M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$67M |
| 4 |
Bank of New York Mellon
New York
|
+$62.6M |
| 5 |
JP Morgan Chase
New York
|
+$54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$94.9M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$48.1M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$38.8M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$30.5M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$28.2M |
WU Hedge Fund Activity: Q1 2014 in Review
561 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Western Union (WU) for Q1 2014, worth a combined $9.17B — down 3% from $9.46B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of WU and 46 opened new positions — a net loss of 30 holders — while 245 trimmed existing stakes and 195 added.
The largest buyer was AllianceBernstein, adding an estimated $119M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $94.9M.
- 561 institutional investors held Western Union (WU) as of Q1 2014, down from 598 in Q4 2013.
- Funds reported $9.17B of Western Union stock for Q1 2014, down 3% quarter-over-quarter.
- 46 funds opened new Western Union positions in Q1 2014 and 76 closed out, a net change of -30 holders.
- The largest Western Union buyer in Q1 2014 was AllianceBernstein, an estimated $119M added.
- The largest Western Union seller in Q1 2014 was Manulife (Manufacturers Life Insurance), an estimated $94.9M sold.
Based on aggregated 13F filings for Q1 2014.