Wipro (WIT)

• Market cap: $19.4B
• 1 day: 1.09%
• 5 days: 0.81%
• 1 month: 7.20%
• 3 months: 15.53%
• 6 months: 31.45%
• Year to date: 4.20%
• 1 year: 28.72%
• 5 years: 101.08%
• 10 years: 51.22%

About: Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.

Employees: 244,707

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

100% more call options, than puts

Call options by funds: $6K | Put options by funds: $3K

33% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 67

5% more funds holding

Funds holding: 213 [Q2] → 224 (+11) [Q3]

0.48% less ownership

Funds ownership: 3.34% [Q2] → 2.86% (-0.48%) [Q3]

9% less capital invested

Capital invested by funds: $1.07B [Q2] → $968M (-$97.4M) [Q3]