Avnet
329 hedge funds and large institutions have $4.58B invested in Avnet in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 85 increasing their positions, 162 reducing their positions, and 65 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more capital invested
Capital invested by funds: $3.85B → $4.58B (+$731M)
1.24% more ownership
Funds ownership: 95.46% → 96.71% (+1.2%)
8% less funds holding
Funds holding: 359 → 329 (-30)
25% less call options, than puts
Call options by funds: $2.58M | Put options by funds: $3.45M
46% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 65
48% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 162
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$100M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$31.4M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$25.4M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$45.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$16.5M |
| 3 |
Pzena Investment Management
New York
|
-$14.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$14.7M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$13.6M |
AVT Hedge Fund Activity: Q1 2019 in Review
329 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Avnet (AVT) for Q1 2019, worth a combined $4.58B — up 19% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of AVT and 35 opened new positions — a net loss of 30 holders — while 162 trimmed existing stakes and 85 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $100M. The largest seller was Millennium Management, cutting an estimated $45.1M.
- 329 institutional investors held Avnet (AVT) as of Q1 2019, down from 359 in Q4 2018.
- Funds reported $4.58B of Avnet stock for Q1 2019, up 19% quarter-over-quarter.
- 35 funds opened new Avnet positions in Q1 2019 and 65 closed out, a net change of -30 holders.
- The largest Avnet buyer in Q1 2019 was Lord, Abbett & Co, an estimated $100M added.
- The largest Avnet seller in Q1 2019 was Millennium Management, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2019.