WW INTL INC WTW
COM · Common Stock · CUSIP 98262P101
Global insurance company
* 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 ($117.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.16. Options: 23 managers hold calls ($86.2m notional), 17 hold puts ($46.3m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 193 |
| Q4 2022 | 180 |
| Q1 2023 | 159 |
| Q2 2023 | 183 |
| Q3 2023 | 203 |
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 2022 | 82 | 85 |
| Q1 2023 | 61 | 110 |
| Q2 2023 | 102 | 78 |
| Q3 2023 | 107 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $5.9m | $1.7m | 0.28 |
| Q1 2023 | $21.5m | $5.5m | 0.25 |
| Q2 2023 | $46.5m | $21.0m | 0.45 |
| Q3 2023 | $86.2m | $46.3m | 0.54 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +2.4m |
| Valiant Capital Management, L.P. | New | +2.4m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.5m |
| Driehaus Capital Management LLC | Added | +1.2m |
| MORGAN STANLEY | Added | +1.1m |
| D. E. Shaw & Co., Inc. | Added | +834.7k |
| MASTERS CAPITAL MANAGEMENT LLC | New | +800.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +622.1k |
| SHENKMAN CAPITAL MANAGEMENT INC | New | +557.1k |
| BlackRock Inc. | Added | +448.4k |
Biggest sellers
| Contrarius Investment Management Ltd | Reduced | -2.2m |
| Balyasny Asset Management L.P. | Reduced | -1.6m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -833.0k |
| Squarepoint Ops LLC | Sold out | -419.1k |
| Informed Momentum Co LLC | Reduced | -352.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -346.1k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -304.2k |
| Ninety One UK Ltd | Sold out | -267.4k |
| MARSHALL WACE, LLP | Reduced | -259.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.3m1.7m shares |
| Caption Management, LLC | Added | $19.1m1.7m shares |
| JANE STREET GROUP, LLC | Added | $8.4m755.3k shares |
| GROUP ONE TRADING LLC | Added | $6.4m575.7k shares |
| CITADEL ADVISORS LLC | Added | $5.6m510.0k shares |
| NOMURA HOLDINGS INC | New | $5.6m504.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.7m427.1k shares |
| GTS SECURITIES LLC | New | $3.4m306.3k shares |
| Quarry LP | New | $3.1m280.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m266.7k shares |
Biggest puts
| Caption Management, LLC | Added | $12.2m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $6.6m600.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.0m454.8k shares |
| CITADEL ADVISORS LLC | Added | $3.6m327.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $3.4m310.0k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $2.9m260.7k shares |
| Brevan Howard Capital Management LP | Unchanged | $2.8m250.0k shares |
| GROUP ONE TRADING LLC | Added | $2.4m215.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.4m215.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.8m158.2k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q3 2023
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 2021 | 0 | — | 2 | $8.1m | — |
| Q1 2022 | 0 | — | 3 | $2.7m | — |
| Q2 2022 | 0 | — | 2 | $1.4m | — |
| Q3 2022 | 0 | — | 3 | $11.1m | — |
| Q4 2022 | 0 | — | 4 | $5.6m | — |
| Q1 2023 | 0 | — | 2 | $2.6m | — |
| Q2 2023 | 0 | — | 2 | $2.8m | — |
| Q3 2023 | 0 | — | 1 | $463.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-07-03 | Gebauer Julie Jarecke Head of Health, Wealth &Career | Sold | $463.4k2.0k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 5.6m $62.0m | Added +1.5m |
| Contrarius Investment Management Ltd 3.31% of their portfolio | 5.3m $58.9m | Reduced -2.2m |
| BlackRock Inc. 0.00% of their portfolio | 4.3m $47.3m | Added +448.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.2m $46.8m | Added +413.0k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 3.0m $33.5m | Reduced -1.6m |
| Driehaus Capital Management LLC 0.39% of their portfolio | 2.7m $30.3m | Added +1.2m |
| Granahan Investment Management, LLC 1.00% of their portfolio | 2.5m $28.1m | Added +151.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.4m $27.1m | Added +2.4m |
| Valiant Capital Management, L.P. 3.11% of their portfolio | 2.4m $26.0m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $19.8m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $16.4m | Added +239.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.4m $15.7m | Added +55.0k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 1.4m $15.4m | Reduced -67.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $14.8m | Added +119.9k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 1.3m $14.0m | Reduced -346.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.3m $13.9m | Added +834.7k |
| Woodline Partners LP 0.14% of their portfolio | 1.1m $12.0m | Added +406.2k |
| Zweig-DiMenna Associates LLC 1.44% of their portfolio | 1.1m $12.0m | Added +14.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $11.8m | Added +66.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 1.0m $11.3m | Reduced -1.4m |
| Metavasi Capital LP 7.17% of their portfolio | 968.0k $10.7m | Added +188.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 934.1k $10.3m | Added +622.1k |
| Invesco Ltd. 0.00% of their portfolio | 872.9k $9.7m | Added +395.8k |
| MASTERS CAPITAL MANAGEMENT LLC 1.74% of their portfolio | 800.0k $8.9m | New |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 728.5k $8.1m | Reduced -6.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 665.0k $7.4m | Added +307.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 575.1k $6.4m | Added +55.1k |
| SHENKMAN CAPITAL MANAGEMENT INC 0.46% of their portfolio | 557.1k $6.2m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 456.3k $5.1m | Reduced -211.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 379.7k $4.2m | Reduced -17.3k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 358.0k $4.0m | Reduced -259.9k |
| Portolan Capital Management, LLC 0.34% of their portfolio | 331.4k $3.7m | Reduced -26.7k |
| Uniplan Investment Counsel, Inc. 0.27% of their portfolio | 330.0k $3.6m | Added +186.8k |
| Timelo Investment Management Inc. 9.54% of their portfolio | 305.0k $3.4m | Added +85.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 298.5k $3.3m | Reduced -171.4k |
| Brevan Howard Capital Management LP 0.95% of their portfolio | 290.2k $3.2m | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 275.2k $3.0m | Reduced -20.7k |
| ADVISORY RESEARCH INC 0.42% of their portfolio | 270.4k $3.0m | New |
| Integral Health Asset Management, LLC 0.39% of their portfolio | 250.0k $2.8m | New |
| GROUP ONE TRADING LLC 0.10% of their portfolio | 217.7k $2.4m | Reduced -61.2k |
| Informed Momentum Co LLC 0.44% of their portfolio | 207.2k $2.3m | Reduced -352.8k |
| Monashee Investment Management LLC 0.89% of their portfolio | 191.4k $2.1m | New |
| BAROMETER CAPITAL MANAGEMENT INC. 0.66% of their portfolio | 188.7k $2.1m | Added +74.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 181.5k $2.0m | Reduced -9.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 175.4k $1.9m | Reduced -44.2k |
| Swiss National Bank 0.00% of their portfolio | 172.9k $1.9m | Added +50.0k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.15% of their portfolio | 157.7k $1.7m | Added +67.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 131.7k $1.5m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 127.5k $1.4m | Added +7.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 121.1k $1.3m | New |
| M Holdings Securities, Inc. 0.17% of their portfolio | 119.0k $1.3m | New |
| Black Swift Group, LLC 0.42% of their portfolio | 115.0k $1.3m | New |
| GTS SECURITIES LLC 0.02% of their portfolio | 102.2k $1.1m | Added +57.5k |
| Freestone Capital Holdings, LLC 0.06% of their portfolio | 100.3k $1.1m | New |
| AXA S.A. 0.00% of their portfolio | 99.2k $1.1m | New |
| MOODY NATIONAL BANK TRUST DIVISION 0.07% of their portfolio | 97.7k $1.1m | Added +33.0k |
| WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio | 95.6k $1.1m | Reduced -110.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 90.9k $1.0m | New |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 90.1k $997.0k | Reduced -139.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 87.4k $967.9k | Added +44.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 85.8k $949.7k | Added +345 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 81.5k $902.5k | Added +13.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 79.6k $881.7k | Reduced -12.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 79.2k $877.1k | Added +13.9k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 78.8k $873.0k | Reduced -7.0k |
| Legal & General Group Plc 0.00% of their portfolio | 78.7k $871.4k | Added +36.2k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 78.5k $868.8k | Added +4.0k |
| NKCFO LLC 0.48% of their portfolio | 78.0k $863.0k | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 67.7k $749.8k | Reduced -25.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 67.4k $746.4k | New |
| Harvest Investment Services, LLC 0.48% of their portfolio | 67.4k $746.1k | New |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 64.3k $712.1k | Reduced -85.7k |
| Quinn Opportunity Partners LLC 0.09% of their portfolio | 62.7k $694.0k | Reduced -99.0k |
| FORMULA GROWTH LTD 0.24% of their portfolio | 62.4k $691.1k | Reduced -235.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 61.5k $680.0k | Added +36.0k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 60.7k $671.9k | Reduced -9.9k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 59.4k $657.4k | New |
| Ashton Thomas Private Wealth, LLC 0.05% of their portfolio | 59.4k $657.3k | New |
| Bayesian Capital Management, LP 0.07% of their portfolio | 58.1k $643.2k | Reduced -1.0k |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 55.6k $615.3k | Added +10.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 52.2k $577.9k | New |
| LITTLEJOHN & CO LLC 0.48% of their portfolio | 50.0k $553.5k | New |
| Lighthouse Investment Partners, LLC 0.03% of their portfolio | 50.0k $553.5k | New |
| LONE PEAK GLOBAL INVESTORS LLC 0.16% of their portfolio | 49.4k $546.8k | Reduced -30.4k |
| RWA WEALTH PARTNERS, LLC 0.01% of their portfolio | 46.0k $509.2k | New |
| Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio | 45.9k $508.0k | Reduced -304.2k |
| Coastal Bridge Advisors, LLC 0.12% of their portfolio | 41.5k $459.4k | Unchanged |
| BOULDER HILL CAPITAL MANAGEMENT LP 0.28% of their portfolio | 41.2k $456.1k | Reduced -19.8k |
| Poehling Capital Management, INC. 0.16% of their portfolio | 40.9k $453.0k | Added +379 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 37.6k $417.0k | Reduced -2.1k |
| Ancora Advisors LLC 0.01% of their portfolio | 36.8k $406.8k | Reduced -20.9k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 34.7k $383.8k | New |
| Regal Investment Advisors LLC 0.03% of their portfolio | 34.2k $378.6k | Reduced -2.3k |
| Clare Market Investments LLC 0.15% of their portfolio | 34.1k $377.2k | Added +5.8k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 34.1k $377.2k | Reduced -19.9k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 34.0k $376.7k | Reduced -39.0k |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 32.3k $357.6k | Reduced -1.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 32.2k $356.0k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 31.7k $350.3k | Added +105 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31.2k $345.4k | Reduced -6.8k |