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WDAY · Technology · Software - Application · Market cap $56.01B

4 funds in our archive have pitched Workday — most recently Eagle Capital Management in March 2026.

Company profile

Workday, Inc. delivers comprehensive, cloud-hosted enterprise software solutions to clients worldwide. These platforms empower organizations to strategize, operate, examine performance, integrate with existing systems, and oversee their overall business functions. A core offering includes a robust suite of financial management tools. These are designed to assist Chief Financial Officers (CFOs) in meticulously maintaining general ledger accounting data, streamlining financial workflows, gaining instant insights into financial and operational metrics, optimizing consolidation, accelerating month-end closes, bolstering internal controls and audit readiness, and ensuring uniformity throughout their financial activities. Workday also provides cloud-based spend management solutions. These facilitate smoother supplier engagement and contract administration, optimize the handling of indirect expenditures, and enable the effective execution of sourcing initiatives, including requests for proposals (RFPs). Its Human Capital Management (HCM) platform stands out, offering a comprehensive set of applications for overseeing the entire employee journey—from initial recruitment through to retirement. This empowers HR departments to efficiently handle hiring, onboarding, payroll, talent development, reskilling programs, and to cultivate exceptional employee experiences. Furthermore, the company offers dedicated applications for business planning, alongside powerful analytics and reporting capabilities. These advanced tools feature augmented analytics that translate complex data into easily digestible narratives for business users, leverage machine learning for enhanced operational efficiency and automation, and provide benchmarking features to compare performance against industry peers. Workday's diverse clientele spans numerous sectors, including professional and business services, financial institutions, healthcare providers, educational bodies, government agencies, technology firms, media organizations, retailers, and the hospitality industry. Originally incorporated in 2005 as North Tahoe Power Tools, Inc., the company adopted the name Workday, Inc. in July of the same year. Its corporate headquarters are located in Pleasanton, California.

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Summarize with Warren AI
8
Reported positions
1
Bought
2
Sold
12
Letters

Position history

Between Q2 2025 and Q2 2026, 8 fund letters reported a position in Workday1 opened or added to the position, 2 trimmed or exited.

Fund letters reporting a position in Workday, by quarter
QuarterLettersBoughtSoldTheses
Q2 20265000
Q1 20263122
Q3 20250001
Q2 20250001

Fund activity · 8 positions · 3 moves

  • HoldsHotchkis & Wiley Large Cap Disciplined Value
    June 2026
    Workday Inc. (WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers.
    Read the letterWorkday
  • HoldsHotchkis & Wiley Value Opportunities
    June 2026
    Workday Inc. (WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers.
    Read the letterWorkday
  • HoldsHotchkis & Wiley Global Value Strategy
    June 2026
    We continue to believe the disruption thesis significantly underestimates enterprise switching costs and the non-code moat that makes Workday durable.
    Read the letterWorkday
  • HoldsHotchkis & Wiley Large Cap Fundamental Value
    June 2026
    Workday Inc. (WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers.
    Read the letterWorkday
  • HoldsLakehouse Capital Global Growth Fund
    May 2026
    USA Loyalty, IP Workday USA Loyalty Amazon USA Networks, Loyalty, IP
    Read the letterWorkday
  • ExitedFlexible Equity Fund
    March 2026
    During the quarter, we added three new positions—NVIDIA Corporation (NVDA), SAP SE Sponsored ADR (SAP), and Watsco, Inc. (WSO)—while exiting T- Mobile (TMUS), Workday, Inc. (WDAY), and Uber Technologies (UBER)
    Read the letterWorkday
  • AddedBrown Advisory Global Leaders Sustainable Fund
    March 2026
    We added to all the aforementioned companies and exited one investment: US tax and back-office software company Intuit.
    Read the letterWorkday
  • ExitedBrown Advisory Mid‑Cap Growth
    March 2026
    During the first quarter, we scrutinized AI risk of every position in the portfolio once again. Based on that analysis, we eliminated positions in Workday, Inc (WDAY), Gartner, Inc (IT), and Verisk Analytics, Inc (VRSK).
    Read the letterWorkday

Fund coverage · 4 theses

  • Eagle Capital Management
    March 2026

    Workday is a leading ERP and human capital management platform with margin upside and a potential product revival.

    Read the full thesis
  • Hotchkis & Wiley Large Cap Fundamental Value
    March 2026

    Workday, Inc. is a leading back-office cloud software provider with strong retention, attractive margins, large underpenetrated markets, and an appealing valuation.

    Read the full thesis
  • Brown Advisory Global Leaders
    September 2025

    Workday is a cloud-based human capital management software company with a high customer retention rate, strong growth potential through international expansion and AI-driven enhancements, making it an attractive investment opportunity.

    Read the full thesis
  • RGA Investment Advisors
    June 2025

    Workday Inc is a mission-critical software provider for HR and finance functions, exhibiting double-digit revenue growth and potential for increased earnings under new CEO Carl Eschenbach, despite recent market challenges.

    Read the full thesis

Read every full thesis on Workday

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