Wex Inc (WEX): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Wex Inc (WEX) following the 2026 Q1 hedge fund 13F filings?

As of today, WEX has moved -4.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of -9.0%. Since the quarter end (March 31, 2026), WEX gained -11.5% vs +39.1% 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.

Wex Inc (WEX)

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

Smart Money Signals — WEX

Based on 430 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

430 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.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding WEX is almost the same as a year ago (+13 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 56% buying

241 buying189 selling

Last quarter: 241 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 (-12 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 57 → 52 → 82 → 70. 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.

🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 21% medium ■ 22% new

248 out of 430 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 → 57 → 52 → 82 → 70 new funds/Q

New funds entering each quarter: 57 → 52 → 82 → 70. A growing number of institutions are discovering WEX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 13% 1-2yr ■ 24% new

Of 435 current holders: 272 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds

52 of 430 holders are among the 100 largest funds by AUM, controlling 41% 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.

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

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

426

424

0.47%

13F Shares

39M

0.23%

Total Value

$5.85B

$5.77B

1.41%

New Positions

-15

Increased Positions

171

128

+43

Closed Positions

+22

Reduced Positions

123

145

-22

Total Calls

Total Puts

200.0%

PUT/CALL Ratio

3.0

1.0

Bearish

Institutional Holders (2026 Q1)

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:

FILTER:All New Added To Reduced No Change | Overweight >5%

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	18.95%	1,707,253	$261.3M
2	Par Capital Management Inc	10.00%	2,254,984	$345.1M
3	Solel Partners LP	5.46%	167,000	$25.6M
4	Sunriver Management LLC	5.27%	203,694	$31.2M
5	SG Capital Management LLC	3.08%	303,280	$46.4M
6	Turtle Creek Asset Management Inc.	2.61%	669,335	$102.4M
7	Rhino Investment Partners, Inc	2.61%	61,205	$9.4M
8	Lone Peak Global Investors LLC	2.35%	92,257	$14.1M
9	Factorial Partners, LLC	2.11%	19,000	$2.9M
10	SG Capital Management LLC	2.03%	200,000	$30.6M
11	Lightrock Netherlands B.V.	1.96%	60,000	$9.2M
12	Lakewood Capital Management, LP	1.94%	200,968	$30.8M
13	New South Capital Management Inc	1.82%	248,763	$38.1M
14	Lyrical Asset Management LP	1.78%	760,936	$116.5M
15	Long Road Investment Counsel, LLC	1.68%	28,034	$4.3M
16	Gator Capital Management, LLC	1.54%	49,264	$7.5M
17	Rice Hall James & Associates, LLC	1.54%	180,314	$27.6M
18	Snyder Capital Management L P	1.10%	370,664	$56.7M
19	Foyston, Gordon & Payne Inc	1.07%	30,447	$4.7M
20	EJF Capital LP	1.00%	9,300	$1.4M
21	Incline Global Management LLC	0.94%	15,663	$2.4M
22	Longaeva Partners L.P.	0.91%	161,275	$24.7M
23	Hawk Ridge Capital Management LP	0.91%	163,471	$25.0M
24	River Road Asset Management, LLC	0.83%	476,077	$72.9M
25	AREX Capital Management, LP	0.76%	3,000	$459K

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: 241 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 — 41% AUM from top-100 funds: 52 of 430 holders are among the 100 largest funds by AUM, controlling 41% 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?

58% of holders stayed for 2+ years: 248 out of 430 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 Q1 hedge fund 13F filings?

As of today, WEX has moved -4.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of -9.0%. Since the quarter end (March 31, 2026), WEX has gained -11.5% vs +39.1% 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.

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Wex Inc (WEX)

Smart Money Signals — WEX

Buying streak — 3 quarters in a row

At the ownership peak (99% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 56% buying

Fewer new buyers each quarter (-12 vs last Q)

58% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 63% of holders stayed 2+ years

Elite ownership — 41% AUM from top-100 funds

Institutional Sentiment Summary — WEX

Hedge Fund Ownership: WEX

Market Analysis: WEX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: WEX

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

Hedge Fund Positioning: WEX

Statistics: WEX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Wex Inc (WEX)

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