Avnet
352 hedge funds and large institutions have $5.69B invested in Avnet in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 137 increasing their positions, 119 reducing their positions, and 31 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
42% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 31
15% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 119
11% more call options, than puts
Call options by funds: $4.98M | Put options by funds: $4.47M
1% more funds holding
Funds holding: 348 → 352 (+4)
0.6% less ownership
Funds ownership: 96.81% → 96.21% (-0.6%)
4% less capital invested
Capital invested by funds: $5.89B → $5.69B (-$208M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$550M |
| 2 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$62M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$37.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$36.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$50M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$48.6M |
| 3 |
Millennium Management
New York
|
-$46.5M |
| 4 |
TPI
Tesco Pension Investment
London,
United Kingdom
|
-$46.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$45.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
376
PEAK6 Group
Chicago,
Illinois
| – | -$220K | -4,627 | Closed |
|
|
CCM
377
Cadence Capital Management
Boston,
Massachusetts
| – | -$203K | -4,261 | Closed |
|
|
AAM
378
Advisors Asset Management
Monument,
Colorado
| – | -$148K | -3,100 | Closed |
|
|
FNBT
379
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$14K | -297 | Closed |
|
380
EARNEST Partners
Atlanta,
Georgia
| – | -$3K | -62 | Closed |
|
|
PRS
381
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$1K | -17 | Closed |
|
|
BTIS
382
BB&T Investment Services
Charlotte,
North Carolina
| – | +$463 | +10 | New |
|
AVT Hedge Fund Activity: Q1 2017 in Review
352 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q1 2017, worth a combined $5.69B — down 3.5% from $5.89B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new AVT positions and 31 closed out — a net gain of 13 holders — while 137 added to existing stakes and 119 trimmed.
The largest buyer was BlackRock, adding an estimated $550M. The largest seller was Credit Suisse, cutting an estimated $50M.
- 352 institutional investors held Avnet (AVT) as of Q1 2017, up from 348 in Q4 2016.
- Funds reported $5.69B of Avnet stock for Q1 2017, down 3.5% quarter-over-quarter.
- 44 funds opened new Avnet positions in Q1 2017 and 31 closed out, a net change of +13 holders.
- The largest Avnet buyer in Q1 2017 was BlackRock, an estimated $550M added.
- The largest Avnet seller in Q1 2017 was Credit Suisse, an estimated $50M sold.
Based on aggregated 13F filings for Q1 2017.