Benchmark Electronics
181 hedge funds and large institutions have $1.05B invested in Benchmark Electronics in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 73 increasing their positions, 57 reducing their positions, and 37 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 57
1.37% more ownership
Funds ownership: 95.27% → 96.64% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 200 → 181 (-19)
20% less capital invested
Capital invested by funds: $1.32B → $1.05B (-$265M)
49% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 37
68% less call options, than puts
Call options by funds: $605K | Put options by funds: $1.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
+$23.8M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$22.9M |
| 3 |
Morgan Stanley
New York
|
+$13.2M |
| 4 |
RA
Royce & Associates
New York
|
+$6.13M |
| 5 |
Renaissance Technologies
New York
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$28M |
| 2 |
Jennison Associates
New York
|
-$19.7M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.68M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$7.49M |
| 5 |
Goldman Sachs
New York
|
-$7.29M |
BHE Hedge Fund Activity: Q3 2018 in Review
181 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Benchmark Electronics (BHE) for Q3 2018, worth a combined $1.05B — down 20% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BHE and 19 opened new positions — a net loss of 18 holders — while 57 trimmed existing stakes and 73 added.
The largest buyer was Engaged Capital, adding an estimated $23.8M. The largest seller was Victory Capital Management, exiting entirely with an estimated $28M sold.
- 181 institutional investors held Benchmark Electronics (BHE) as of Q3 2018, down from 200 in Q2 2018.
- Funds reported $1.05B of Benchmark Electronics stock for Q3 2018, down 20% quarter-over-quarter.
- 19 funds opened new Benchmark Electronics positions in Q3 2018 and 37 closed out, a net change of -18 holders.
- The largest Benchmark Electronics buyer in Q3 2018 was Engaged Capital, an estimated $23.8M added.
- The largest Benchmark Electronics seller in Q3 2018 was Victory Capital Management, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2018.