WAYFAIR INC W
CL A · Common Stock · CUSIP 94419L101 · ISIN US94419L1017
American e-commerce company
- SectorConsumer discretionary
- IndustryRetail-Catalog & Mail-Order Houses
- HeadquartersBoston, MA
- Founded2002
- Websitewayfair.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.33. Options: 43 managers hold calls ($1.5bn notional), 48 hold puts ($1.4bn).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 320 |
| Q4 2022 | 300 |
| Q1 2023 | 290 |
| Q2 2023 | 308 |
| Q3 2023 | 328 |
| Q4 2023 | 355 |
| Q1 2024 | 364 |
| Q2 2024 | 336 |
| Q3 2024 | 354 |
| Q4 2024 | 340 |
| Q1 2025 | 319 |
| Q2 2025 | 338 |
| Q3 2025 | 415 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 184 | 161 |
| Q1 2024 | 202 | 160 |
| Q2 2024 | 183 | 161 |
| Q3 2024 | 181 | 168 |
| Q4 2024 | 166 | 178 |
| Q1 2025 | 161 | 159 |
| Q2 2025 | 186 | 173 |
| Q3 2025 | 267 | 142 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $679.4m | $638.4m | 0.94 |
| Q1 2025 | $569.7m | $511.4m | 0.90 |
| Q2 2025 | $790.9m | $834.7m | 1.06 |
| Q3 2025 | $1.5bn | $1.4bn | 0.92 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.5m |
| D. E. Shaw & Co., Inc. | Added | +1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +1.2m |
| CITADEL ADVISORS LLC | Added | +1.2m |
| MORGAN STANLEY | Added | +1.2m |
| JANE STREET GROUP, LLC | Added | +999.0k |
| UBS Group AG | Added | +982.8k |
| JPMORGAN CHASE & CO | Added | +848.4k |
| AMERICAN CENTURY COMPANIES INC | New | +659.9k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +658.5k |
Biggest sellers
| Alyeska Investment Group, L.P. | Sold out | -5.8m |
| BAILLIE GIFFORD & CO | Reduced | -1.5m |
| Southpoint Capital Advisors LP | Reduced | -1.3m |
| HarbourVest Partners LLC | Sold out | -1.1m |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -792.7k |
| Squarepoint Ops LLC | Sold out | -751.0k |
| Maple Rock Capital Partners Inc. | Sold out | -743.5k |
| Jain Global LLC | Reduced | -693.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -618.0k |
| JANUS HENDERSON GROUP PLC | Reduced | -602.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $321.3m3.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $156.7m1.8m shares |
| CITADEL ADVISORS LLC | Reduced | $108.7m1.2m shares |
| CITIGROUP INC | Added | $105.0m1.2m shares |
| JPMORGAN CHASE & CO | Added | $74.3m831.2k shares |
| PEAK6 LLC | Reduced | $70.7m791.8k shares |
| IMC-Chicago, LLC | Added | $65.4m731.7k shares |
| BARCLAYS PLC | Added | $60.7m680.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $52.8m590.6k shares |
| Squarepoint Ops LLC | Added | $49.0m549.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $164.2m1.8m shares |
| PEAK6 LLC | Reduced | $161.5m1.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $112.5m1.3m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $101.7m1.1m shares |
| JPMORGAN CHASE & CO | Added | $98.4m1.1m shares |
| JANE STREET GROUP, LLC | Reduced | $82.0m918.2k shares |
| IMC-Chicago, LLC | Added | $72.6m813.2k shares |
| D. E. Shaw & Co., Inc. | Added | $56.5m632.8k shares |
| BARCLAYS PLC | Reduced | $51.0m570.5k shares |
| Squarepoint Ops LLC | Added | $45.8m513.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital World Investors 13G · institution -3.0 pts · filed 2026-08-12 | 9.7% |
| Conine Steven 13G · exempt (held before listing) -1.1 pts · filed 2026-05-11 | 8.2% |
| Shah Niraj 13G · exempt (held before listing) -1.1 pts · filed 2026-05-11 | 8.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: RENAISSANCE TECHNOLOGIES LLC (4.5%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Alyeska Investment Group, L.P. (0.0%, 2025-11-14)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 7 | $5.7m | $5.7m |
| Q1 2024 | 0 | — | 7 | $7.2m | $7.2m |
| Q2 2024 | 0 | — | 7 | $7.1m | $7.1m |
| Q3 2024 | 0 | — | 7 | $4.0m | $4.0m |
| Q4 2024 | 0 | — | 7 | $12.2m | $12.2m |
| Q1 2025 | 0 | — | 6 | $7.6m | $7.6m |
| Q2 2025 | 0 | — | 7 | $14.9m | $14.9m |
| Q3 2025 | 1 | $12.0k | 4 | $91.4m | $91.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-22 | Conine Steven Co-Founder, director | Sold plan | $7.4m85.0k shares |
| 2025-09-22 | Shah Niraj Chief Executive Officer, director | Sold plan | $7.4m85.0k shares |
| 2025-08-28 | Kumin Michael Andrew Director | Bought | $12.0k160 shares |
| 2025-08-20 | Shah Niraj Chief Executive Officer, director | Sold plan | $6.8m85.0k shares |
| 2025-08-20 | Conine Steven Co-Founder, director | Sold plan | $6.8m85.0k shares |
| 2025-08-13 | Conine Steven Co-Founder, director | Sold plan | $15.6m199.5k shares |
| 2025-08-13 | Shah Niraj Chief Executive Officer, director | Sold plan | $15.6m199.4k shares |
| 2025-08-07 | Conine Steven Co-Founder, director | Sold plan | $1.4m17.8k shares |
| 2025-08-07 | Shah Niraj Chief Executive Officer, director | Sold plan | $1.4m17.7k shares |
| 2025-08-06 | Shah Niraj Chief Executive Officer, director | Sold plan | $603.6k7.8k shares |
| 2025-08-06 | Conine Steven Co-Founder, director | Sold plan | $598.8k7.8k shares |
| 2025-08-04 | Tan Fiona Chief Technology Officer · By Revocable Trust | Sold plan | $511.7k7.0k shares |
| 2025-07-21 | Shah Niraj Chief Executive Officer, director | Sold plan | $3.4m60.0k shares |
| 2025-07-21 | Conine Steven Co-Founder, director | Sold plan | $3.4m60.0k shares |
| 2025-07-15 | Blotner Jon Pres., Commercial & Operations | Sold plan | $782.2k13.9k shares |
| 2025-07-02 | Shah Niraj Chief Executive Officer, director | Sold plan | $425.8k7.7k shares |
| 2025-07-02 | Conine Steven Co-Founder, director | Sold plan | $391.7k7.1k shares |
| 2025-07-01 | Conine Steven Co-Founder, director | Sold plan | $9.5m180.9k shares |
| 2025-07-01 | Shah Niraj Chief Executive Officer, director | Sold plan | $9.4m179.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.07% of their portfolio | 15.7m $1.4bn | Added +218.4k |
| Capital World Investors 0.16% of their portfolio | 13.4m $1.2bn | Added +521.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.6m $854.2m | Added +397.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.62% of their portfolio | 5.2m $466.9m | Added +658.5k |
| BlackRock, Inc. 0.01% of their portfolio | 4.8m $430.4m | Reduced -14.8k |
| BAILLIE GIFFORD & CO 0.27% of their portfolio | 4.1m $370.6m | Reduced -1.5m |
| JANUS HENDERSON GROUP PLC 0.14% of their portfolio | 3.4m $304.0m | Reduced -602.2k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 6.75% of their portfolio | 2.9m $261.2m | Reduced -76.2k |
| Prescott General Partners LLC 18.23% of their portfolio | 2.9m $261.1m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 2.8m $251.6m | Added +2.5m |
| GREAT HILL PARTNERS, L.P. 100.00% of their portfolio | 2.8m $249.1m | Unchanged |
| Southpoint Capital Advisors LP 5.86% of their portfolio | 2.5m $223.3m | Reduced -1.3m |
| MORGAN STANLEY 0.01% of their portfolio | 2.2m $194.5m | Added +1.2m |
| TWO SIGMA ADVISERS, LP 0.36% of their portfolio | 2.0m $178.6m | Added +211.0k |
| TWO SIGMA INVESTMENTS, LP 0.26% of their portfolio | 1.9m $170.6m | Added +165.5k |
| UBS Group AG 0.03% of their portfolio | 1.9m $166.0m | Added +982.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $153.4m | Added +55.8k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $148.0m | Reduced -1.4k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 1.6m $147.2m | Added +89.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $141.6m | Added +848.4k |
| JANE STREET GROUP, LLC 0.15% of their portfolio | 1.5m $130.3m | Added +999.0k |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 1.3m $115.1m | Added +1.3m |
| Balyasny Asset Management L.P. 0.23% of their portfolio | 1.3m $111.9m | Added +397.3k |
| Holocene Advisors, LP 0.26% of their portfolio | 1.3m $111.7m | Reduced -43.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.36% of their portfolio | 1.2m $108.1m | New |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 1.2m $107.3m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $102.5m | Added +60.3k |
| Atreides Management, LP 1.98% of their portfolio | 854.4k $76.3m | Added +127.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 799.0k $71.4m | Added +151.2k |
| Wolf Hill Capital Management, LP 6.67% of their portfolio | 783.6k $70.0m | Added +388.2k |
| Hook Mill Capital Partners, LP 5.57% of their portfolio | 682.6k $61.0m | Reduced -98.9k |
| Bares Capital Management, Inc. 5.54% of their portfolio | 672.5k $60.1m | Reduced -63.5k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 659.9k $58.9m | New |
| GOODNOW INVESTMENT GROUP, LLC 5.55% of their portfolio | 649.6k $58.0m | Reduced -26.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 626.3k $56.0m | Added +427.4k |
| TUDOR INVESTMENT CORP ET AL 0.36% of their portfolio | 616.2k $55.0m | Added +344.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.22% of their portfolio | 612.8k $54.7m | Added +574.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 612.5k $54.7m | Reduced -153.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 607.5k $54.3m | Added +459.5k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 598.7k $53.5m | Reduced -13.5k |
| Allen Investment Management, LLC 0.56% of their portfolio | 566.2k $50.6m | Reduced -21.2k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 565.9k $50.6m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 547.8k $48.9m | Added +414.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 500.2k $44.7m | Added +316.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 495.2k $44.2m | Added +23.2k |
| BARCLAYS PLC 0.02% of their portfolio | 492.9k $44.0m | Reduced -277.0k |
| HENNESSY ADVISORS INC 1.50% of their portfolio | 485.7k $43.4m | New |
| PHOENIX ASSET MANAGEMENT PARTNERS Ltd 35.39% of their portfolio | 460.4k $41.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 451.5k $40.3m | Reduced -210.8k |
| Shellback Capital, LP 2.28% of their portfolio | 403.0k $36.0m | Reduced -72.0k |
| GROUPAMA ASSET MANAGMENT 0.01% of their portfolio | 400.0k $601.6k | Reduced -600.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 396.3k $35.4m | Reduced -618.0k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.60% of their portfolio | 381.1k $34.0m | Added +37.8k |
| Walleye Capital LLC 0.25% of their portfolio | 348.5k $31.1m | Added +273.5k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 320.2k $28.6m | New |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 300.0k $26.8m | New |
| Nuveen, LLC 0.01% of their portfolio | 289.0k $25.8m | Added +76.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 281.5k $25.1m | Added +23.0k |
| PEAK6 LLC 0.31% of their portfolio | 270.1k $24.1m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 256.8k $22.9m | Reduced -84.9k |
| Davidson Kempner Capital Management LP 0.31% of their portfolio | 250.0k $22.3m | Reduced -250.0k |
| Rothschild & Co Wealth Management UK Ltd 0.36% of their portfolio | 249.9k $22.3m | Added +4.3k |
| Jain Global LLC 0.28% of their portfolio | 245.5k $21.9m | Reduced -693.6k |
| CITIGROUP INC 0.01% of their portfolio | 241.5k $21.6m | Reduced -427.5k |
| Aquatic Capital Management LLC 0.39% of their portfolio | 235.2k $21.0m | First filing |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 208.9k $18.7m | Reduced -22.7k |
| Swiss National Bank 0.01% of their portfolio | 190.9k $17.1m | Added +5.3k |
| Invesco Ltd. 0.00% of their portfolio | 186.7k $16.7m | Added +51.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.41% of their portfolio | 182.3k $16.3m | Reduced -12.9k |
| Susquehanna Portfolio Strategies, LLC 0.26% of their portfolio | 182.2k $16.3m | Unchanged |
| Onex Canada Asset Management Inc. 1.96% of their portfolio | 173.7k $15.5m | Added +34.2k |
| CHECK CAPITAL MANAGEMENT INC/CA 0.95% of their portfolio | 167.8k $15.0m | Added +867 |
| California Public Employees Retirement System 0.01% of their portfolio | 166.8k $14.9m | Added +43.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 165.6k $14.8m | Added +93.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 164.9k $14.7m | Reduced -118.3k |
| Mayflower Financial Advisors, LLC 1.82% of their portfolio | 162.5k $14.5m | Added +29 |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 160.5k $14.3m | New |
| Gotham Asset Management, LLC 0.06% of their portfolio | 157.5k $14.1m | Added +104.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.10% of their portfolio | 141.8k $12.7m | Added +3.3k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 140.0k $12.5m | Reduced -403.5k |
| Driehaus Capital Management LLC 0.09% of their portfolio | 139.7k $12.5m | New |
| Legal & General Group Plc 0.00% of their portfolio | 139.4k $12.5m | Reduced -8.3k |
| Quantinno Capital Management LP 0.03% of their portfolio | 138.7k $12.4m | Added +79.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 133.9k $12.0m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 133.4k $11.9m | Reduced -118.1k |
| Trexquant Investment LP 0.12% of their portfolio | 132.3k $11.8m | Added +100.9k |
| Engineers Gate Manager LP 0.13% of their portfolio | 128.7k $11.5m | Added +119.1k |
| Penserra Capital Management LLC 0.12% of their portfolio | 115.0k $10.3m | Reduced -5.5k |
| FRED ALGER MANAGEMENT, LLC 0.04% of their portfolio | 113.1k $10.1m | Reduced -42.0k |
| ALGERT GLOBAL LLC 0.17% of their portfolio | 111.5k $10.0m | Added +84.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 102.2k $9.1m | Added +94.4k |
| Tabor Asset Management, LP 5.67% of their portfolio | 100.8k $9.0m | Reduced -1.6k |
| INGALLS & SNYDER LLC 0.29% of their portfolio | 99.2k $8.9m | Reduced -1.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 98.5k $8.8m | Reduced -201.8k |
| STRS OHIO 0.03% of their portfolio | 97.3k $8.7m | Added +31 |
| Verition Fund Management LLC 0.05% of their portfolio | 96.5k $8.6m | Reduced -390.8k |
| GROUP ONE TRADING LLC 0.26% of their portfolio | 96.3k $8.6m | Added +60.3k |
| Proficio Capital Partners LLC 0.57% of their portfolio | 93.4k $8.3m | Reduced -15.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 93.3k $8.3m | Added +1.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 91.5k $8.2m | Reduced -1.6k |