Which funds own WBS
Webster Finl Corp in the Q2 2026 filings. At least 6 of the 91 current managers on file reported a position, worth $831m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 6
- at least, of 91 current
- Combined value
- $831m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 6
- 4 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Millennium Management LLC Multi-strategy · $276bn book | $380m | 0.1% | 4,969,162 | +$75m+572,614 | Added |
| Tudor Investment Corp Macro · $71.9bn book | $179m | 0.2% | 2,347,884 | -$34m-731,933 | Trimmed |
| Soros Fund Management LLC Macro · $8.1bn book | $85m | 1.0% | 1,113,487 | +$36m+401,697 | Added |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $70m | 0.2% | 912,247 | -$14m-287,002 | Trimmed |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $64m | 0.3% | 841,761 | +$19m+181,474 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $53m | 1.0% | 687,006 | +$5.2m+6,331 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Balyasny Asset Management LLC · Multi-strategy$151m held before
- Woodline Partners LP · Long/short equity$16m held before
- Schonfeld Strategic Advisors LLC · Multi-strategy$15m held before
- Moore Capital Management LP · Macro$6.3m held before
Ownership through time
At least 10 of the 95 managers whose filings are on file listed WBS in Q2 2026, against 5 in Q2 2013. 5 managers fewer than in Q1 2026: 1 listed it again; 1 sold out, by its own filing; 5 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 5
- Q3 2013: 3
- Q4 2013: 2
- Q1 2014: 3
- Q2 2014: 2
- Q3 2014: 2
- Q4 2014: 1
- Q1 2015: 2
- Q2 2015: 3
- Q3 2015: 2
- Q4 2015: 2
- Q1 2016: 2
- Q2 2016: 5
- Q3 2016: 5
- Q4 2016: 6
- Q1 2017: 8
- Q2 2017: 11
- Q3 2017: 6
- Q4 2017: 8
- Q1 2018: 8
- Q2 2018: 10
- Q3 2018: 11
- Q4 2018: 10
- Q1 2019: 9
- Q2 2019: 13
- Q3 2019: 8
- Q4 2019: 8
- Q1 2020: 10
- Q2 2020: 5
- Q3 2020: 4
- Q4 2020: 5
- Q1 2021: 5
- Q2 2021: 4
- Q3 2021: 4
- Q4 2021: 6
- Q1 2022: 10
- Q2 2022: 7
- Q3 2022: 9
- Q4 2022: 12
- Q1 2023: 8
- Q2 2023: 8
- Q3 2023: 8
- Q4 2023: 11
- Q1 2024: 11
- Q2 2024: 13
- Q3 2024: 11
- Q4 2024: 16
- Q1 2025: 13
- Q2 2025: 14
- Q3 2025: 15
- Q4 2025: 12
- Q1 2026: 15
- Q2 2026: 10
- Q2 2013: $92m
- Q3 2013: $90m
- Q4 2013: $82m
- Q1 2014: $88m
- Q2 2014: $101m
- Q3 2014: $93m
- Q4 2014: $68m
- Q1 2015: $185m
- Q2 2015: $197m
- Q3 2015: $178m
- Q4 2015: $196m
- Q1 2016: $205m
- Q2 2016: $368m
- Q3 2016: $553m
- Q4 2016: $923m
- Q1 2017: $881m
- Q2 2017: $1.0bn
- Q3 2017: $1.1bn
- Q4 2017: $1.2bn
- Q1 2018: $1.3bn
- Q2 2018: $1.5bn
- Q3 2018: $1.2bn
- Q4 2018: $974m
- Q1 2019: $983m
- Q2 2019: $742m
- Q3 2019: $781m
- Q4 2019: $963m
- Q1 2020: $378m
- Q2 2020: $460m
- Q3 2020: $424m
- Q4 2020: $693m
- Q1 2021: $840m
- Q2 2021: $766m
- Q3 2021: $764m
- Q4 2021: $807m
- Q1 2022: $1.1bn
- Q2 2022: $692m
- Q3 2022: $875m
- Q4 2022: $1.0bn
- Q1 2023: $729m
- Q2 2023: $499m
- Q3 2023: $562m
- Q4 2023: $1.5bn
- Q1 2024: $1.4bn
- Q2 2024: $836m
- Q3 2024: $634m
- Q4 2024: $1.6bn
- Q1 2025: $1.3bn
- Q2 2025: $1.6bn
- Q3 2025: $1.5bn
- Q4 2025: $1.0bn
- Q1 2026: $1.5bn
- Q2 2026: $1.0bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Millennium Management LLC4,396,548 to 4,969,162 shares+$44m
- Soros Fund Management LLC711,790 to 1,113,487 shares+$31m
- AllianceBernstein LP1,292,585 to 1,598,563 shares+$21m
- Verition Fund Management LLC660,287 to 841,761 shares+$14m
- Man Group PLC375,992 to 504,024 shares+$9.8m
Largest decreases, by shares
- Tudor Investment Corp3,079,817 to 2,347,884 shares-$56m
- ExodusPoint Capital Management LP647,231 to 69,026 shares-$44m
- Hudson Bay Capital Management LP1,199,249 to 912,247 shares-$22m
Left it
- Balyasny Asset Management LLCwas $151m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Millennium Management LLC | Q2 2013 | $380m | $380m | |
| Tudor Investment Corp | Q3 2013 | $214m | $179m | |
| AllianceBernstein LP | Q2 2013 | $176m | $111m | |
| Soros Fund Management LLC | Q1 2022 | $85m | $85m | |
| Hudson Bay Capital Management LP | Q1 2018 | $83m | $70m | |
| Verition Fund Management LLC | Q2 2013 | $98m | $64m | |
| Caxton Associates LLP | Q1 2019 | $53m | $53m | |
| Man Group PLC | Q4 2020 | $39m | $39m | |
| Squarepoint Ops LLC | Q2 2017 | $35m | $35m | |
| ExodusPoint Capital Management LP | Q1 2019 | $45m | $5.3m | |
| T. Rowe Price Associates Inc | Q2 2016 | $628m | last listed Q4 2025 | |
| Fidelity (FMR LLC) | Q4 2023 | $598m | last listed Q3 2025 | |
| Invesco Ltd | Q1 2022 | $357m | last listed Q1 2026 | |
| Capital Research Global Investors | Q3 2016 | $316m | last listed Q1 2020 | |
| Capital World Investors | Q2 2016 | $233m | last listed Q4 2019 | |
| Citadel Advisors LLC | Q4 2019 | $198m | last listed Q2 2025 | |
| Balyasny Asset Management LLC | Q2 2013 | $151m | last listed Q1 2026 | |
| Wellington Management Group LLP | Q1 2015 | $150m | last listed Q1 2024 | |
| Janus Henderson Group Ltd | Q3 2017 | $118m | last listed Q2 2019 | |
| AQR Capital Management LLC | Q2 2025 | $85m | last listed Q2 2025 |
What WBS is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around WBS →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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