Cushman & Wakefield

CWK • NYSE

Cushman & Wakefield is a real estate - services company in the real estate sector on NYSE, led by Michelle Marie MacKay, with a market cap of $4.0B. As of Q3 2025, 95% of shares are held by 278 institutional investors, with VANGUARD GROUP INC as the largest holder at 15.68%.

CEOMichelle Marie MacKay

Market Cap$4.0B

Real Estate - Services

Real Estate

Employees52.0K

Websitecushmanwakefield.com

Country

United States of America

Overview

Overview of institutional ownership in CWK as of Q3 2025 with a market cap of $3.7B

All Institutions

Institutions: 278
Value Held: $3.5B
Shares Held: 219.0M
Avg Position: $12.5M
Median Position: $747.1K

Hedge Funds

Hedge Funds: 25
Value Held: $134.8M
Shares Held: 8.5M
Avg Position: $5.4M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

90.93%

$3.4B

Hedge Funds

3.66%

$134.8M

Retail & Other

5.41%

$199.5M

Based on market cap of $3.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CWK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$578.0M 0.01% of portfolio	15.68% 36.3M shares	Q3 2018 Held for 7y 3m	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$360.3M 0.01% of portfolio	9.78% 22.6M shares	Q3 2018 Held for 7y 3m	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$202.8M 0.04% of portfolio	5.50% 12.7M shares	Q1 2019 Held for 6y 9m	$466.34B
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	Christopher David Wallis CEO	$149.6M 1.36% of portfolio	4.06% 9.4M shares	Q4 2023 Held for 2 years	$11.0B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$142.3M 0.00% of portfolio	3.86% 8.9M shares	Q3 2018 Held for 7y 3m	$2.88T
FMR LLC Institution	-	$125.8M 0.01% of portfolio	3.41% 7.9M shares	Q3 2018 Held for 7y 3m	$1.92T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$94.8M 0.01% of portfolio	2.57% 6.0M shares	Q3 2018 Held for 7y 3m	$1.57T
M MACQUARIE GROUP LTD Institution	-	$92.4M 0.11% of portfolio	2.51% 5.8M shares	Q4 2023 Held for 2 years	$82.9B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$87.5M 0.01% of portfolio	2.37% 5.5M shares	Q3 2018 Held for 7y 3m	$1.56T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$84.2M 0.01% of portfolio	2.28% 5.3M shares	Q4 2020 Held for 5 years	$912.31B

Net Capital Flow

Institutional buying and selling activity for CWK in Q3 2025

Traded: +$26.9M
Buyers: 148
Sellers: 134
Total Bought: +$416.2M
Total Sold: −$389.4M
Avg Position: $11.1M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$81.2M +5.1M shares	$84.2M 5.3M shares
B BROWN ADVISORY INC RIA/Wealth	+$76.5M +4.8M shares	$76.5M 4.8M shares
Channing Capital Management, LLC Long Only Manager	+$55.7M +3.5M shares	$55.7M 3.5M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$21.6M +1.4M shares	$27.3M 1.7M shares
A AXIOM INTERNATIONAL INVESTORS LLC /DE Long Only Manager	+$16.4M +1.0M shares	$16.4M 1.0M shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	+$14.8M +926.7K shares	$17.8M 1.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$9.7M +611.4K shares	$9.7M 611.4K shares
B BASSWOOD CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	+$9.3M +586.8K shares	$16.3M 1.0M shares
D D. E. Shaw & Co., Inc. Institution	+$8.3M +524.4K shares	$23.8M 1.5M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$7.7M +482.6K shares	$38.8M 2.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$78.3M −4.9M shares	$87.5M 5.5M shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	−$43.9M −2.8M shares	$149.6M 9.4M shares
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$27.6M −1.7M shares	$44.1M 2.8M shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$26.4M −1.7M shares	$52.3M 3.3M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$25.3M −1.6M shares	$20.6M 1.3M shares
HENDERSON GROUP PLC Institution	−$14.0M −879.5K shares	$32.1M 2.0M shares
FMR LLC Institution	−$12.7M −799.4K shares	$125.8M 7.9M shares
HARRIS ASSOCIATES L P Long Only Manager	−$9.7M −610.4K shares	$36.8M 2.3M shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	−$8.9M −556.6K shares	$13.2M 829.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	−$8.1M −727.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CWK in Q3 2025

New Positions: 28
New Value: $95.8M
Exited Positions: 35
Exited Value: $29.5M

New Positions

Institution	Position Value
B BROWN ADVISORY INC RIA/Wealth	$76.5M 4.8M shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	$7.6M 479.3K shares
PALISADE CAPITAL MANAGEMENT LLC/NJ Long Only Manager	$3.8M 240.5K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	$1.6M 98.7K shares
Horizon Investments, LLC/SC Long Only Manager	$1.4M 88.1K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	$852.1K 53.5K shares
Comprehensive Portfolio Management, LLC RIA/Wealth	$747.0K 46.9K shares
LEVEL FOUR ADVISORY SERVICES, LLC RIA/Wealth	$617.3K 38.8K shares
Cetera Investment Advisers RIA/Wealth	$515.8K 32.4K shares
Vinva Investment Management Ltd Hedge Fund•Quant	$411.6K 16.9K shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$8.1M 727.4K shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	$3.8M 343.0K shares
Hosking Partners LLP Hedge Fund•Value	$2.7M 246.4K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$2.7M 240.1K shares
Q Qube Research & Technologies Ltd Institution	$2.3M 206.7K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$2.2M 199.9K shares
S Sapience Investments, LLC Long Only Manager	$1.8M 158.6K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$1.2M 106.2K shares
Engineers Gate Manager LP Hedge Fund•Quant	$859.6K 77.7K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$594.0K 53.7K shares

Options Activity

Institutions with the largest Call and Put options positions in CWK as of Q3 2025

Call Positions: 1
Call Value: $221.3K
Put Positions: 3
Put Value: $878.8K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$221.3K 139.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$593.8K 373.0 contracts
J JANE STREET GROUP, LLC Institution	$285.0K 179.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

Institutions with CWK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Highland Peak Capital, LLC Hedge Fund•Multi-Strategy	Seth Se Eung Kirner Managing Partner	4.61% $12.3M	0.33% 773.4K shares	Q2 2025 Held for 6 months	$267.0M
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	2.77% $11.0M	0.30% 689.1K shares	Q2 2025 Held for 6 months	$396.4M
Channing Capital Management, LLC Long Only Manager	Rodney Bernard Herenton CEO	1.47% $55.7M	1.51% 3.5M shares	Q4 2024 Held for 1 year	$3.8B
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	Christopher David Wallis CEO	1.36% $149.6M	4.06% 9.4M shares	Q4 2023 Held for 2 years	$11.0B
B BASSWOOD CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Bennett David Lindenbaum Managing Partner	0.75% $16.3M	0.44% 1.0M shares	Q2 2024 Held for 1y 6m	$2.2B
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	William Allen Teichner Managing Partner	0.71% $78.6M	2.13% 4.9M shares	Q2 2025 Held for 6 months	$11.1B
Granite Investment Partners, LLC Long Only Manager	Douglas John Morse Managing Partner	0.68% $11.9M	0.32% 750.6K shares	Q2 2024 Held for 1y 6m	$1.8B
Oliver Luxxe Assets LLC RIA/Wealth	Brad David Jacobson Managing Partner	0.37% $2.4M	0.06% 148.1K shares	Q3 2024 Held for 1y 3m	$631.7M
O Olstein Capital Management, L.P. Long Only Manager	Robert Alan Olstein CEO	0.33% $1.8M	0.05% 111.0K shares	Q1 2022 Held for 3y 9m	$529.6M
Lighthouse Investment Partners, LLC Fund of Funds	Sean Gerard Mcgould CEO	0.28% $7.6M	0.21% 474.8K shares	Q3 2025 Held for 3 months	$2.7B

Hedge Fund Spotlight

Discover hedge funds investing in CWK

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.10B
Positions: 5,533
Last Reported: Q3 2025

Sector Allocation

Position in Cushman & Wakefield

Market Value: $9.7M
Shares Held: 611.4K
Portfolio Weight: 0.01%
Owned Since: 2018-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%