Avnet
340 hedge funds and large institutions have $3.97B invested in Avnet in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 130 increasing their positions, 125 reducing their positions, and 37 closing their positions.
15% more capital invested
Capital invested by funds: $3.46B → $3.97B (+$502M)
4% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 125
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 343 → 340 (-3)
0.89% less ownership
Funds ownership: 96.79% → 95.9% (-0.89%)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
73% less call options, than puts
Call options by funds: $8.4M | Put options by funds: $31.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenhaven Associates
Purchase,
New York
|
+$81M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$21.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15.2M |
| 4 |
BlackRock
New York
|
+$15M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$49M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$41.4M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$27.5M |
| 4 |
AIM
Atlantic Investment Management
New York
|
-$20.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.8M |
AVT Hedge Fund Activity: Q1 2023 in Review
340 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q1 2023, worth a combined $3.97B — up 15% from $3.46B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of AVT and 36 opened new positions — a net loss of 1 holder — while 125 trimmed existing stakes and 130 added.
The largest buyer was Greenhaven Associates, adding an estimated $81M. The largest seller was Victory Capital Management, cutting an estimated $49M.
- 340 institutional investors held Avnet (AVT) as of Q1 2023, down from 343 in Q4 2022.
- Funds reported $3.97B of Avnet stock for Q1 2023, up 15% quarter-over-quarter.
- 36 funds opened new Avnet positions in Q1 2023 and 37 closed out, a net change of -1 holder.
- The largest Avnet buyer in Q1 2023 was Greenhaven Associates, an estimated $81M added.
- The largest Avnet seller in Q1 2023 was Victory Capital Management, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2023.