Hedge Fund Elwood Capital Exits Entire $4.35 Million Wix Stake

Elwood Capital Partners liquidated 52,033 Wix shares in Q1 2026, marking a full exit from its position amid a 63% stock decline over the past year. Elwood Capital Partners sold its entire 52,033-share stake in Wix.com during the first quarter of 2026, valued at approximate

Elwood Capital Partners liquidated 52,033 Wix shares in Q1 2026, marking a full exit from its position amid a 63% stock decline over the past year.

Elwood Capital Partners sold its entire 52,033-share stake in Wix.com during the first quarter of 2026, valued at approximately $4.35 million based on average quarterly pricing. The transaction reflects a complete exit from the position, which previously accounted for 3.2% of the fund’s reportable assets.

The sale follows a 63% decline in Wix shares over the past year, underperforming the S&P 500’s 28% gain. The fund’s quarter-end position in Wix dropped to zero, with a net change of $5.41 million attributed to trading and price movements. Elwood’s top holdings now include Amazon, TSMC, and Microsoft.

Wix.com, trading at $56.06 as of May 14, 2026, provides cloud-based website creation tools and generates revenue through subscriptions and transaction fees.

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