Avnet
335 hedge funds and large institutions have $4.67B invested in Avnet in 2017 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 109 increasing their positions, 136 reducing their positions, and 57 closing their positions.
1% more call options, than puts
Call options by funds: $3.49M | Put options by funds: $3.44M
0.39% less ownership
Funds ownership: 96.21% → 95.81% (-0.39%)
5% less funds holding
Funds holding: 352 → 335 (-17)
18% less capital invested
Capital invested by funds: $5.69B → $4.67B (-$1.01B)
20% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 136
25% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 57
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$84.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$54M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$45M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$120M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$76.5M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$45.5M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$33.2M |
| 5 |
MCM
Marcato Capital Management
San Francisco,
California
|
-$32.1M |
AVT Hedge Fund Activity: Q2 2017 in Review
335 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q2 2017, worth a combined $4.67B — down 18% from $5.69B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of AVT and 43 opened new positions — a net loss of 14 holders — while 136 trimmed existing stakes and 109 added.
The largest buyer was Pzena Investment Management, adding an estimated $84.5M. The largest seller was Blue Harbour Group, cutting an estimated $120M.
- 335 institutional investors held Avnet (AVT) as of Q2 2017, down from 352 in Q1 2017.
- Funds reported $4.67B of Avnet stock for Q2 2017, down 18% quarter-over-quarter.
- 43 funds opened new Avnet positions in Q2 2017 and 57 closed out, a net change of -14 holders.
- The largest Avnet buyer in Q2 2017 was Pzena Investment Management, an estimated $84.5M added.
- The largest Avnet seller in Q2 2017 was Blue Harbour Group, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2017.