Avnet
347 hedge funds and large institutions have $6.09B invested in Avnet in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 129 increasing their positions, 143 reducing their positions, and 32 closing their positions.
395% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $4.43M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more capital invested
Capital invested by funds: $5.83B → $6.09B (+$258M)
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
10% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 143
1.44% less ownership
Funds ownership: 95.94% → 94.5% (-1.4%)
2% less funds holding
Funds holding: 353 → 347 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$72.1M |
| 2 |
Bank of New York Mellon
New York
|
+$35M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$31.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$27.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$102M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$35.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$23.3M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$19.6M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$17.7M |
AVT Hedge Fund Activity: Q1 2014 in Review
347 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q1 2014, worth a combined $6.09B — up 4.4% from $5.83B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of AVT and 30 opened new positions — a net loss of 2 holders — while 143 trimmed existing stakes and 129 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $72.1M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $102M sold.
- 347 institutional investors held Avnet (AVT) as of Q1 2014, down from 353 in Q4 2013.
- Funds reported $6.09B of Avnet stock for Q1 2014, up 4.4% quarter-over-quarter.
- 30 funds opened new Avnet positions in Q1 2014 and 32 closed out, a net change of -2 holders.
- The largest Avnet buyer in Q1 2014 was Hotchkis & Wiley Capital Management, an estimated $72.1M added.
- The largest Avnet seller in Q1 2014 was OppenheimerFunds, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2014.