Avnet
331 hedge funds and large institutions have $4.17B invested in Avnet in 2019 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 100 increasing their positions, 138 reducing their positions, and 40 closing their positions.
48% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 40
4% more funds holding
Funds holding: 318 → 331 (+13)
0.72% more ownership
Funds ownership: 95.73% → 96.44% (+0.72%)
6% less capital invested
Capital invested by funds: $4.44B → $4.17B (-$275M)
28% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 138
88% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $8.79M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$78.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$56.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$40.4M |
| 4 |
BlackRock
New York
|
+$25.8M |
| 5 |
Two Sigma Investments
New York
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$117M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$60.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$42.6M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$36.7M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$30M |
AVT Hedge Fund Activity: Q4 2019 in Review
331 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q4 2019, worth a combined $4.17B — down 6.2% from $4.44B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new AVT positions and 40 closed out — a net gain of 19 holders — while 100 added to existing stakes and 138 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $78.7M. The largest seller was Fidelity Investments, cutting an estimated $117M.
- 331 institutional investors held Avnet (AVT) as of Q4 2019, up from 318 in Q3 2019.
- Funds reported $4.17B of Avnet stock for Q4 2019, down 6.2% quarter-over-quarter.
- 59 funds opened new Avnet positions in Q4 2019 and 40 closed out, a net change of +19 holders.
- The largest Avnet buyer in Q4 2019 was Pzena Investment Management, an estimated $78.7M added.
- The largest Avnet seller in Q4 2019 was Fidelity Investments, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2019.