Jan. 5 at 10:17 AM
$WRD this fin news today on recent institutional buyers is what draws additional eyeballs on WRD.
"Ariose Capital acquired a new position of 259,514 shares of WeRide in Q3 valued at approximately
$2.57 million, making WRD its 22nd largest holding and about 0.09% of the company.
Other institutional moves show growing interest—Brighton Jones bought a new stake worth about
$4.4 million and Osaic increased holdings by 1,211.8% to 25,580 shares—while several smaller managers also added positions."
Three institutional buys wit ha narrative behind the buys.
In 5 weeks we get the final Q4 13F report on WeRide. I think it will show 200+ holders. Q4 13F reports will start to trickle in. I also think we'll see sp,e smaller fundss having reduced or closed out in Q4, to show they did not own WRD. They'll come back in Q1.
Q4 13F should be the msot intersting since the Q2 report where we saw every major large instiutiuon on WS having a starter position on WRD.