Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Workday Inc (WDAY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -20
Streak
2Q ▼
Buyers last Q
50%

Smart Money Signals — WDAY

Based on 922 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their WDAY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 82% of 3.0Y peak

82% of all-time peak
922 funds currently hold this stock — 82% of the 3.0-year high of 1,123 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
198 fewer hedge funds hold WDAY compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

509 buying500 selling
Last quarter: 509 funds bought or added vs 500 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 (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 145 → 158 → 155 → 141. 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.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 19% new
587 out of 922 hedge funds have held WDAY 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.
💎

Buying through price weakness — shares +23%, value +1%

Value
+0%
Shares
+23%
Last quarter: funds added +23% more shares while total portfolio value only changed +1%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~141 new funds/quarter

128 → 145 → 158 → 155 → 141 new funds/Q
New funds entering each quarter: 145 → 158 → 155 → 141. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 21% newcomers

■ 67% veterans ■ 12% 1-2yr ■ 21% new
Entry-cohort mix of 971 holders: 650 (67%) are 2+ year veterans, 121 entered 1–2 years ago, and 200 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
65 of 907 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in WDAY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — WDAY

In 2026 Q2, 509 hedge funds were net buyers of WDAY (141 opened a new position, 368 added to an existing one), while 500 reduced or exited (339 trimmed, 161 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 48% of total institutional value in WDAY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -20 funds (more exits than new entries). Total institutional holders: 922.

Hedge Fund Ownership: WDAY

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

Market Analysis: WDAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WDAY

-- --

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

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

Signal Freshness measures how much WDAY 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 · 78d ago
WDAY
+55.8%
XLK
-3.6%

WDAY outperformed XLK by +59.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 33d ago
WDAY
-4.0%
XLK
-3.3%

Since the filing became public, WDAY outperformed XLK by -0.7% .

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.

31 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: WDAY
900 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 900 942 -4.46%
13F Shares 218M 207M 5.54%
Total Value $26.25B $26.34B -0.34%
New Positions 139 155 -16
Increased Positions 353 355 -2
Closed Positions 166 300 -134
Reduced Positions 323 328 -5
Total Calls 32 29 10.34%
Total Puts 31 27 14.81%
PUT/CALL Ratio 0.97 0.93 Neutral

Statistics: WDAY

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Valuation Measures Data as of: --

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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

900 + investors

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

QUARTER:
Top 25 WDAY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lead Edge Capital Management, LLC 13.88% 623,867 $76.4M
2 Fernbridge Capital Management LP 9.04% 1,008,623 $123.5M
3 Meritage Group LP 7.71% 1,633,399 $200.0M
4 Keenan Capital, LLC 5.11% 211,241 $25.9M
5 Hotchkis & Wiley Capital Management LLC 4.52% 12,679,129 $1.55B
6 Eagle Capital Management LLC 4.23% 11,323,681 $1.39B
7 Invenomic Capital Management LP 3.48% 476,106 $58.3M
8 TenCore Partners, LP 2.98% 31,290 $3.8M
9 Generation Investment Management LLP 2.75% 2,311,084 $282.9M
10 Mark Asset Management LP 2.46% 298,200 $36.5M
11 Farley Capital L.P. 2.15% 22,400 $2.7M
12 Governors Lane LP 1.91% 186,926 $22.9M
13 Allen Operations LLC 1.90% 111,992 $13.7M
14 Monimus Capital Management, LP 1.85% 65,339 $8.0M
15 First Eagle Investment Management, LLC 1.80% 8,824,517 $1.08B
16 Mcrae Capital Management Inc 1.73% 71,895 $8.8M
17 Ceera Investments, LLC 1.71% 33,009 $4.0M
18 Harber Asset Management LLC 1.64% 22,283 $2.7M
19 NZS Capital, LLC 1.58% 497,876 $60.9M
20 Ardmore Road Asset Management LP 1.51% 209,450 $25.6M
21 Alamar Capital Management, LLC 1.41% 22,844 $2.8M
22 Bristol John W & Co Inc /Ny/ 1.31% 721,421 $88.3M
23 Van Den Berg Management I, Inc 1.26% 48,837 $6.0M
24 Mondrian Investment Partners LTD 1.23% 652,660 $79.9M
25 Connective Portfolio Management, LLC 1.22% 6,000 $735K
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 — Workday Inc (WDAY)

What does the Smart Money Trend signal show for WDAY?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their WDAY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for WDAY?

Slight buying edge — 50% buying: Last quarter: 509 funds bought or added vs 500 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 WDAY holders?

Elite ownership — 48% AUM from top-100 funds: 65 of 907 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in WDAY. 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 WDAY?

64% of holders stayed for 2+ years: 587 out of 922 hedge funds have held WDAY 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 Workday Inc (WDAY) following the 2026 Q2 hedge fund 13F filings?

As of today, WDAY has moved -4.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.3% for the XLK sector ETF — an outperformance of -0.7%. Since the quarter end (June 30, 2026), WDAY has gained +55.8% vs -3.6% 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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