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 ($23.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $100.37. Options: 40 managers hold calls ($1.5bn notional), 42 hold puts ($1.2bn).
Trends to Q4 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 |
| Q4 2025 | 483 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 288 | 170 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $569.7m | $511.4m | 0.90 |
| Q2 2025 | $790.9m | $834.7m | 1.06 |
| Q3 2025 | $1.5bn | $1.4bn | 0.92 |
| Q4 2025 | $1.5bn | $1.2bn | 0.78 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +827.5k |
| D. E. Shaw & Co., Inc. | Added | +770.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +640.5k |
| STATE STREET CORP | Added | +632.9k |
| Qube Research & Technologies Ltd | New | +579.4k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +489.5k |
| Wolf Hill Capital Management, LP | Added | +489.4k |
| BlackRock, Inc. | Added | +482.1k |
| Artemis Investment Management LLP | New | +478.1k |
| Balyasny Asset Management L.P. | Added | +360.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -1.2m |
| JANE STREET GROUP, LLC | Reduced | -1.0m |
| Southpoint Capital Advisors LP | Reduced | -1.0m |
| TUDOR INVESTMENT CORP ET AL | Reduced | -400.4k |
| GROUPAMA ASSET MANAGMENT | Sold out | -400.0k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | Reduced | -377.1k |
| CITADEL ADVISORS LLC | Reduced | -372.5k |
| Holocene Advisors, LP | Reduced | -327.7k |
| BANK OF NOVA SCOTIA | Sold out | -300.0k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $430.3m4.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $180.0m1.8m shares |
| CITIGROUP INC | Unchanged | $118.0m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $105.3m1.0m shares |
| PEAK6 LLC | Added | $95.9m955.4k shares |
| JPMORGAN CHASE & CO | Reduced | $76.8m764.8k shares |
| IMC-Chicago, LLC | Reduced | $64.3m640.4k shares |
| Caption Management, LLC | Added | $64.3m640.0k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $59.3m590.6k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $34.4m342.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $147.8m1.5m shares |
| PEAK6 LLC | Reduced | $130.6m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $101.0m1.0m shares |
| JPMORGAN CHASE & CO | Reduced | $92.9m925.1k shares |
| JANE STREET GROUP, LLC | Reduced | $81.4m811.0k shares |
| IMC-Chicago, LLC | Reduced | $67.6m673.7k shares |
| BARCLAYS PLC | Added | $63.3m630.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $57.3m570.3k shares |
| Walleye Trading LLC | Reduced | $47.6m473.9k shares |
| Balyasny Asset Management L.P. | Reduced | $39.3m391.0k 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), BAILLIE GIFFORD & CO (4.0%, 2025-11-12)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 0 | — | 5 | $104.8m | $104.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-26 | Conine Steven Co-Founder, director | Sold plan | $3.1m30.0k shares |
| 2025-12-26 | Shah Niraj Chief Executive Officer, director | Sold plan | $3.1m30.0k shares |
| 2025-12-23 | Conine Steven Co-Founder, director | Sold plan | $12.0m120.0k shares |
| 2025-12-23 | Shah Niraj Chief Executive Officer, director | Sold plan | $12.0m120.0k shares |
| 2025-11-24 | Conine Steven Co-Founder, director | Sold plan | $15.9m150.0k shares |
| 2025-11-24 | Shah Niraj Chief Executive Officer, director | Sold plan | $15.9m150.0k shares |
| 2025-11-10 | Tan Fiona Chief Technology Officer · By Revocable Trust | Sold plan | $601.7k5.4k shares |
| 2025-11-10 | Blotner Jon Pres., Commercial & Operations | Sold plan | $439.2k4.1k shares |
| 2025-11-05 | Tan Fiona Chief Technology Officer · By Revocable Trust | Sold plan | $638.1k6.3k shares |
| 2025-11-04 | Gulliver Kate CFO and Chief Admin Officer | Sold plan | $982.3k9.6k shares |
| 2025-10-28 | Shah Niraj Chief Executive Officer, director | Sold plan | $3.2m30.0k shares |
| 2025-10-28 | Conine Steven Co-Founder, director | Sold plan | $3.2m30.0k shares |
| 2025-10-23 | Conine Steven Co-Founder, director | Sold plan | $9.9m120.0k shares |
| 2025-10-23 | Shah Niraj Chief Executive Officer, director | Sold plan | $9.9m120.0k shares |
| 2025-10-20 | Shah Niraj Chief Executive Officer, director | Sold plan | $7.0m85.0k shares |
| 2025-10-20 | Conine Steven Co-Founder, director | Sold plan | $7.0m85.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.08% of their portfolio | 16.0m $1.6bn | Added +281.6k |
| Capital World Investors 0.18% of their portfolio | 13.5m $1.4bn | Added +82.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.6m $967.4m | Added +72.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.84% of their portfolio | 5.4m $542.9m | Added +180.6k |
| BlackRock, Inc. 0.01% of their portfolio | 5.3m $532.1m | Added +482.1k |
| BAILLIE GIFFORD & CO 0.33% of their portfolio | 4.0m $401.9m | Reduced -147.1k |
| JANUS HENDERSON GROUP PLC 0.16% of their portfolio | 3.6m $358.5m | Added +166.9k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 8.51% of their portfolio | 2.9m $293.6m | Unchanged |
| Prescott General Partners LLC 20.95% of their portfolio | 2.9m $293.4m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio | 2.8m $283.7m | Added +8.6k |
| GREAT HILL PARTNERS, L.P. 100.00% of their portfolio | 2.8m $280.0m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $229.9m | Added +632.9k |
| D. E. Shaw & Co., Inc. 0.16% of their portfolio | 2.1m $206.7m | Added +770.0k |
| TWO SIGMA ADVISERS, LP 0.40% of their portfolio | 2.1m $206.5m | Added +57.9k |
| TWO SIGMA INVESTMENTS, LP 0.30% of their portfolio | 2.0m $204.4m | Added +126.0k |
| UBS Group AG 0.04% of their portfolio | 2.0m $198.9m | Added +122.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.9m $191.1m | Added +185.9k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 1.9m $190.9m | Added +253.5k |
| Balyasny Asset Management L.P. 0.30% of their portfolio | 1.6m $161.9m | Added +360.0k |
| Southpoint Capital Advisors LP 3.50% of their portfolio | 1.5m $150.6m | Reduced -1.0m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.48% of their portfolio | 1.4m $136.6m | Added +149.9k |
| Wolf Hill Capital Management, LP 14.89% of their portfolio | 1.3m $127.8m | Added +489.4k |
| NORGES BANK 0.01% of their portfolio | 1.2m $118.0m | Not comparable |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.1m $114.5m | Added +640.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $114.0m | Reduced -12.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 1.0m $102.0m | Added +216.6k |
| MORGAN STANLEY 0.01% of their portfolio | 937.4k $94.1m | Reduced -1.2m |
| Holocene Advisors, LP 0.20% of their portfolio | 923.0k $92.7m | Reduced -327.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 911.6k $91.5m | Added +827.5k |
| Atreides Management, LP 1.86% of their portfolio | 870.9k $87.4m | Added +16.5k |
| Hook Mill Capital Partners, LP 8.16% of their portfolio | 863.0k $86.7m | Added +180.4k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 842.6k $84.6m | Added +230.1k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 828.3k $83.2m | Reduced -372.5k |
| Allen Investment Management, LLC 0.83% of their portfolio | 749.2k $75.2m | Added +183.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 708.2k $71.1m | Added +100.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.27% of their portfolio | 693.9k $69.7m | Added +81.1k |
| BARCLAYS PLC 0.03% of their portfolio | 691.0k $69.4m | Added +198.1k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 689.5k $69.2m | Added +29.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 663.4k $66.6m | Added +267.1k |
| FEDERATED HERMES, INC. 0.11% of their portfolio | 651.2k $65.4m | Added +85.3k |
| GOODNOW INVESTMENT GROUP, LLC 5.93% of their portfolio | 633.0k $63.6m | Reduced -16.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 594.8k $59.7m | Added +47.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 581.9k $58.4m | Added +130.4k |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 579.4k $58.2m | New |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 559.7k $56.2m | Reduced -39.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 492.9k $49.5m | Reduced -2.4k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.37% of their portfolio | 489.5k $49.2m | New |
| Artemis Investment Management LLP 0.58% of their portfolio | 478.1k $48.0m | New |
| PHOENIX ASSET MANAGEMENT PARTNERS Ltd 31.81% of their portfolio | 460.4k $46.2m | Unchanged |
| HENNESSY ADVISORS INC 1.64% of their portfolio | 460.0k $46.2m | Reduced -25.7k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 442.4k $44.4m | Reduced -1.0m |
| Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio | 383.9k $38.6m | Added +175.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 335.2k $33.7m | Reduced -291.1k |
| Quantinno Capital Management LP 0.06% of their portfolio | 311.0k $31.2m | Added +172.3k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 308.9k $31.0m | Reduced -11.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 305.2k $30.6m | Added +23.8k |
| Nuveen, LLC 0.01% of their portfolio | 304.0k $30.5m | Added +15.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 267.2k $26.8m | Reduced -1.3m |
| Rothschild & Co Wealth Management UK Ltd 0.42% of their portfolio | 263.1k $26.4m | Added +13.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 259.4k $26.1m | Added +218.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 256.8k $25.8m | Added +17 |
| SG Americas Securities, LLC 0.03% of their portfolio | 247.6k $24.9m | Added +238.1k |
| SMITH THOMAS W 22.01% of their portfolio | 237.1k $23.8m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 228.7k $23.0m | Added +130.2k |
| Benchstone Capital Management LP 2.58% of their portfolio | 228.2k $22.9m | New |
| Walleye Capital LLC 0.13% of their portfolio | 220.6k $22.2m | Reduced -127.9k |
| TUDOR INVESTMENT CORP ET AL 0.12% of their portfolio | 215.8k $21.7m | Reduced -400.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.54% of their portfolio | 209.6k $21.0m | Added +27.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.40% of their portfolio | 197.5k $19.8m | New |
| Swiss National Bank 0.01% of their portfolio | 196.6k $19.7m | Added +5.7k |
| Amundi 0.01% of their portfolio | 189.1k $19.0m | Added +102.5k |
| Interval Partners, LP 0.43% of their portfolio | 184.2k $18.5m | Added +173.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 183.8k $18.5m | Added +18.2k |
| Susquehanna Portfolio Strategies, LLC 0.28% of their portfolio | 182.2k $18.3m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 178.2k $17.9m | Added +11.3k |
| Engineers Gate Manager LP 0.21% of their portfolio | 174.8k $17.5m | Added +46.0k |
| Invesco Ltd. 0.00% of their portfolio | 170.2k $17.1m | Reduced -16.6k |
| Tabor Asset Management, LP 6.84% of their portfolio | 168.7k $16.9m | Added +67.8k |
| CHECK CAPITAL MANAGEMENT INC/CA 1.00% of their portfolio | 167.2k $16.8m | Reduced -658 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 164.4k $16.5m | Reduced -497 |
| Mayflower Financial Advisors, LLC 1.98% of their portfolio | 162.7k $16.3m | Added +143 |
| Gotham Asset Management, LLC 0.06% of their portfolio | 161.4k $16.2m | Added +3.9k |
| Onex Canada Asset Management Inc. 2.20% of their portfolio | 157.8k $15.8m | Reduced -15.9k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 153.5k $15.4m | New |
| Davidson Kempner Capital Management LP 0.22% of their portfolio | 150.0k $15.1m | Reduced -100.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 148.6k $14.9m | Reduced -12.0k |
| Driehaus Capital Management LLC 0.10% of their portfolio | 143.6k $14.4m | Added +3.9k |
| STRS OHIO 0.05% of their portfolio | 139.4k $14.0m | Added +42.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 134.9k $13.5m | Added +98.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.10% of their portfolio | 128.8k $12.9m | Reduced -13.0k |
| Shellback Capital, LP 1.23% of their portfolio | 128.4k $12.9m | Reduced -274.6k |
| CITIGROUP INC 0.01% of their portfolio | 123.7k $12.4m | Reduced -117.8k |
| Verition Fund Management LLC 0.06% of their portfolio | 119.2k $12.0m | Added +22.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 116.2k $11.7m | Reduced -17.2k |
| Concentric Capital Strategies, LP 0.57% of their portfolio | 110.3k $11.1m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 109.4k $11.0m | Added +7.2k |
| Legal & General Group Plc 0.00% of their portfolio | 103.0k $10.3m | Reduced -36.4k |
| INGALLS & SNYDER LLC 0.37% of their portfolio | 98.8k $9.9m | Reduced -382 |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 96.3k $9.7m | Added +50.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 95.1k $9.5m | Added +3.6k |