Wabash National

WNC • NYSE

Wabash National is a agricultural - machinery company in the industrials sector on NYSE, led by Dustin T. Smith, with a market cap of $374.4M. As of Q3 2025, 91% of shares are held by 176 institutional investors, with BlackRock, Inc. as the largest holder at 8.27%.

Chief Executive OfficerDustin T. Smith

Market Cap$374.4M

Agricultural - Machinery

Industrials

Employees6.7K

Websiteir.onewabash.com

Country

United States of America

Overview

Overview of institutional ownership in WNC as of Q3 2025 with a market cap of $404.1M

All Institutions

Institutions: 176
Value Held: $366.4M
Shares Held: 37.1M
Avg Position: $2.1M
Median Position: $291.2K

Hedge Funds

Hedge Funds: 32
Value Held: $41.7M
Shares Held: 4.2M
Avg Position: $1.3M
Median Position: $495.0K

Ownership Breakdown

Institutional (non-HF)

80.35%

$324.7M

Hedge Funds

10.32%

$41.7M

Retail & Other

9.33%

$37.7M

Based on market cap of $404.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in WNC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$33.4M 0.00% of portfolio	8.27% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$29.7M 0.00% of portfolio	7.35% 3.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
D D. E. Shaw & Co., Inc. Institution	-	$23.0M 0.02% of portfolio	5.68% 2.3M shares	Q3 2022 Held for 3y 2m	$115.81B
FMR LLC Institution	-	$19.5M 0.00% of portfolio	4.82% 2.0M shares	Q3 2018 Held for 7y 2m	$1.92T
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$18.0M 0.03% of portfolio	4.45% 1.8M shares	Q2 2024 Held for 1y 5m	$61.8B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$16.2M 0.00% of portfolio	4.00% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$13.0M 0.00% of portfolio	3.21% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
R ROYCE & ASSOCIATES LLC Institution	-	$11.9M 0.12% of portfolio	2.96% 1.2M shares	Q4 2014 Held for 10y 11m	$10.0B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$11.1M 0.00% of portfolio	2.74% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	Kenneth Neil Levy President	$10.5M 0.04% of portfolio	2.59% 1.1M shares	Q4 2024 Held for 11 months	$25.2B

Net Capital Flow

Institutional buying and selling activity for WNC in Q3 2025

Net Flow: −$41.8M
Buyers: 66
Sellers: 103
Total Bought: +$60.4M
Total Sold: −$102.1M
Avg Position: $1.8M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$19.2M +1.9M shares	$19.5M 2.0M shares
J JANE STREET GROUP, LLC Institution	+$6.3M +636.5K shares	$7.0M 706.2K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$4.8M +482.9K shares	$6.3M 640.9K shares
D D. E. Shaw & Co., Inc. Institution	+$3.3M +336.1K shares	$23.0M 2.3M shares
MORGAN STANLEY RIA/Wealth	+$3.0M +301.3K shares	$10.2M 1.0M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$2.2M +227.8K shares	$2.5M 253.2K shares
GOLDMAN SACHS GROUP INC Institution	+$1.8M +184.6K shares	$4.2M 423.7K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.5M +156.8K shares	$1.5M 156.8K shares
A Allianz Asset Management AG Institution	+$1.5M +151.5K shares	$4.6M 461.5K shares
Empowered Funds, LLC ETF Provider	+$1.5M +148.6K shares	$3.6M 363.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
FIRST TRUST ADVISORS LP ETF Provider	−$32.6M −3.1M shares	Sold Off 0 shares
L LSV ASSET MANAGEMENT Long Only Manager	−$9.1M −926.1K shares	$247.3K 25.1K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	−$5.6M −562.8K shares	$6.3M 636.7K shares
Clearbridge Investments, LLC Long Only Manager	−$4.7M −438.1K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$3.7M −379.0K shares	$33.4M 3.4M shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	−$3.7M −376.7K shares	$2.7M 274.0K shares
Aristotle Capital Boston, LLC Long Only Manager	−$3.2M −305.0K shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$3.2M −324.1K shares	$11.1M 1.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$2.9M −294.7K shares	$528.7K 53.6K shares
VELA Investment Management, LLC Long Only Manager	−$2.1M −210.9K shares	$654.4K 66.3K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $3.8M
Exited Positions: 39
Exited Value: $52.3M

New Positions

Institution	Position Value
E EVR Research LP Hedge Fund•Long/Short	$2.0M 200.0K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$1.4M 144.0K shares
Atom Investors LP Hedge Fund•Market Neutral	$203.8K 20.6K shares
Apollon Wealth Management, LLC RIA/Wealth	$124.1K 12.6K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$73.4K 8.0K shares
B BROWN BROTHERS HARRIMAN & CO RIA/Wealth	$13.5K 1.4K shares
O Optiver Holding B.V. Institution	$4.4K 448.0 shares
Hartland & Co., LLC RIA/Wealth	$2.3K 236.0 shares

Exited Positions

Institution	Previous Position
FIRST TRUST ADVISORS LP ETF Provider	$32.6M 3.1M shares
Clearbridge Investments, LLC Long Only Manager	$4.7M 438.1K shares
Aristotle Capital Boston, LLC Long Only Manager	$3.2M 305.0K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$2.0M 191.3K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$2.0M 189.2K shares
U Universal- Beteiligungs- und Servicegesellschaft mbH Institution	$1.8M 165.1K shares
S Swiss National Bank Institution	$858.9K 80.8K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$639.9K 60.2K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$590.6K 55.6K shares
S STIFEL FINANCIAL CORP Long Only Manager	$574.3K 54.0K shares

Options Activity

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

Call Positions: 3
Call Value: $1.4M
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.1M 1.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$135.2K 137.0 contracts
J JANE STREET GROUP, LLC Institution	$130.3K 132.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Meros Investment Management, LP Long Only Manager	Kenneth Scott Canon CEO	2.72% $6.4M	1.58% 645.4K shares	Q1 2022 Held for 3y 8m	$234.2M
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	1.97% $7.8M	1.94% 792.8K shares	Q1 2025 Held for 8 months	$396.4M
E EVR Research LP Hedge Fund•Long/Short	Benjamin Wolf Joffe President	1.18% $2.0M	0.49% 200.0K shares	Q3 2025 Held for 2 months	$167.2M
S S&T BANK/PA Institution	-	0.48% $1.6M	0.39% 161.2K shares	Q4 2021 Held for 3y 11m	$330.2M
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.44% $754.2K	0.19% 76.4K shares	Q4 2020 Held for 4y 11m	$170.9M
Cambria Investment Management, L.P. ETF Provider	Mebane Thadley Faber CEO	0.37% $6.4M	1.58% 648.3K shares	Q2 2023 Held for 2y 5m	$1.7B
P PEREGRINE CAPITAL MANAGEMENT LLC Long Only Manager	Stephen Gerard Simon CCO	0.19% $6.3M	1.57% 642.4K shares	Q3 2016 Held for 9y 2m	$3.3B
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	0.19% $870.3K	0.22% 88.2K shares	Q4 2013 Held for 11y 11m	$460.6M
VELA Investment Management, LLC Long Only Manager	Roderick Hadley Dillon CEO	0.19% $654.4K	0.16% 66.3K shares	Q4 2023 Held for 1y 11m	$347.1M
CenterBook Partners LP Hedge Fund•Market Neutral	David Israel Stemerman CEO	0.18% $3.7M	0.92% 376.0K shares	Q1 2025 Held for 8 months	$2.0B

Hedge Fund Spotlight

Discover hedge funds investing in WNC

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerDavid Allen Lippe

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in Wabash National

Market Value: $2.2M
Shares Held: 222.5K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%