Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Wex Inc (WEX)

426 + Investors. Track Smart Money conviction in WEX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — WEX

Based on 432 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added WEX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
432 hedge funds hold WEX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+15 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

243 buying189 selling
Last quarter: 243 funds bought or added vs 189 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 58 → 52 → 82 → 71. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 21% medium ■ 22% new
248 out of 432 hedge funds have held WEX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

69 → 58 → 52 → 82 → 71 new funds/Q
New funds entering each quarter: 58 → 52 → 82 → 71. A growing number of institutions are discovering WEX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 24% newcomers

■ 62% veterans ■ 13% 1-2yr ■ 24% new
Entry-cohort mix of 437 holders: 273 (62%) are 2+ year veterans, 57 entered 1–2 years ago, and 107 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
55 of 429 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in WEX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — WEX

In 2026 Q1, 243 hedge funds were net buyers of WEX (71 opened a new position, 172 added to an existing one), while 189 reduced or exited (125 trimmed, 64 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 50% of total institutional value in WEX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 432.

Hedge Fund Ownership: WEX

How many hedge funds hold WEX — quarterly history vs. share price
Quarterly hedge fund ownership of WEX vs. share price

Market Analysis: WEX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WEX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Wex Inc (WEX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WEX has moved relative to its sector benchmark (XLK) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 45d ago
WEX
+35.9%
XLK
-0.3%

WEX outperformed XLK by +36.2% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 0d ago
WEX
+0.0%
XLK
+0.0%

Since the filing became public, WEX outperformed XLK by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 4 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: WEX
2026 Q2 Stats Unlock in 5 days 426 + Investors

Track Smart Money conviction in WEX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 426 424 0.47%
13F Shares 39M 39M 0.23%
Total Value $5.85B $5.77B 1.41%
New Positions 67 82 -15
Increased Positions 171 128 +43
Closed Positions 65 43 +22
Reduced Positions 123 145 -22
Total Calls 2 2 -
Total Puts 6 2 200.0%
PUT/CALL Ratio 3.0 1.0 Bearish

Statistics: WEX

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

426 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WEX. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 WEX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Impactive Capital LP 17.19% 1,707,253 $240.9M
2 Par Capital Management Inc 7.89% 2,254,984 $318.2M
3 Incline Global Management LLC 6.92% 174,922 $24.7M
4 Sunriver Management LLC 4.49% 202,518 $28.6M
5 Turtle Creek Asset Management Inc. 4.01% 728,088 $102.7M
6 Kestrel Investment Management Corp 2.83% 36,900 $5.2M
7 New South Capital Management Inc 2.75% 444,624 $62.7M
8 Jacobs Asset Management, LLC 2.66% 30,000 $4.2M
9 Lone Peak Global Investors LLC 2.47% 127,062 $17.9M
10 Rhino Investment Partners, Inc 2.46% 57,705 $8.1M
11 Lightrock Netherlands B.V. 2.42% 86,800 $12.2M
12 Lakewood Capital Management, LP 1.46% 200,968 $28.4M
13 Long Road Investment Counsel, LLC 1.45% 27,904 $3.9M
14 Lyrical Asset Management LP 1.38% 770,524 $108.7M
15 Gator Capital Management, LLC 1.27% 42,899 $6.1M
16 Rice Hall James & Associates, LLC 1.23% 178,606 $25.2M
17 Snyder Capital Management L P 1.14% 466,244 $65.8M
18 EJF Capital LP 1.02% 10,800 $1.5M
19 Foyston, Gordon & Payne Inc 0.94% 31,162 $4.4M
20 Clark Estates Inc/Ny 0.71% 21,800 $3.1M
21 River Road Asset Management, LLC 0.67% 424,915 $60.0M
22 nVerses Capital, LLC 0.64% 2,939 $415K
23 Watershed Asset Management, L.L.C. 0.51% 4,043 $570K
24 Loring Wolcott & Coolidge Fiduciary Advisors LLP/Ma 0.50% 367,338 $51.8M
25 Ariel Investments, LLC 0.47% 331,383 $46.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Wex Inc (WEX)

What does the Smart Money Trend signal show for WEX?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added WEX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WEX?

Slight buying edge — 56% buying: Last quarter: 243 funds bought or added vs 189 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for WEX holders?

Elite ownership — 50% AUM from top-100 funds: 55 of 429 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in WEX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held WEX?

57% of holders stayed for 2+ years: 248 out of 432 hedge funds have held WEX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Wex Inc (WEX) following the 2026 Q2 hedge fund 13F filings?

As of today, WEX has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), WEX has gained +35.9% vs -0.3% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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