Avnet
340 hedge funds and large institutions have $5.52B invested in Avnet in 2013 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 122 increasing their positions, 132 reducing their positions, and 22 closing their positions.
132% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 22
120% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $5.77M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more capital invested
Capital invested by funds: $4.34B → $5.52B (+$1.18B)
8% more funds holding
Funds holding: 315 → 340 (+25)
1.71% more ownership
Funds ownership: 94.72% → 96.43% (+1.7%)
8% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$60.4M |
| 2 |
O
OppenheimerFunds
New York
|
+$43.9M |
| 3 |
Pzena Investment Management
New York
|
+$31.6M |
| 4 |
Renaissance Technologies
New York
|
+$26.5M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$42.3M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$31M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$28.8M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
-$25.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.3M |
AVT Hedge Fund Activity: Q3 2013 in Review
340 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q3 2013, worth a combined $5.52B — up 27% from $4.34B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new AVT positions and 22 closed out — a net gain of 29 holders — while 122 added to existing stakes and 132 trimmed.
The largest buyer was AJO LP, adding an estimated $60.4M. The largest seller was First Pacific Advisors, cutting an estimated $42.3M.
- 340 institutional investors held Avnet (AVT) as of Q3 2013, up from 315 in Q2 2013.
- Funds reported $5.52B of Avnet stock for Q3 2013, up 27% quarter-over-quarter.
- 51 funds opened new Avnet positions in Q3 2013 and 22 closed out, a net change of +29 holders.
- The largest Avnet buyer in Q3 2013 was AJO LP, an estimated $60.4M added.
- The largest Avnet seller in Q3 2013 was First Pacific Advisors, an estimated $42.3M sold.
Based on aggregated 13F filings for Q3 2013.