Flex
FLEX
342 hedge funds and large institutions have $6.9B invested in Flex in 2018 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 118 increasing their positions, 115 reducing their positions, and 75 closing their positions.
66% more call options, than puts
Call options by funds: $63.9M | Put options by funds: $38.5M
3% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 115
2.75% less ownership
Funds ownership: 126.8% → 124.06% (-2.7%)
8% less funds holding
Funds holding: 372 → 342 (-30)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
16% less capital invested
Capital invested by funds: $8.22B → $6.9B (-$1.32B)
37% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$158M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$74.6M |
| 3 |
Primecap Management
Pasadena,
California
|
+$60.3M |
| 4 |
Two Sigma Investments
New York
|
+$39.3M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$146M |
| 2 |
BlackRock
New York
|
-$112M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$102M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$93.5M |
| 5 |
JP Morgan Chase
New York
|
-$46.6M |
FLEX Hedge Fund Activity: Q2 2018 in Review
342 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2018, worth a combined $6.9B — down 16% from $8.22B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of FLEX and 47 opened new positions — a net loss of 28 holders — while 115 trimmed existing stakes and 118 added.
The largest buyer was Janus Henderson Group, adding an estimated $158M. The largest seller was Boston Partners, cutting an estimated $146M.
- 342 institutional investors held Flex (FLEX) as of Q2 2018, down from 372 in Q1 2018.
- Funds reported $6.9B of Flex stock for Q2 2018, down 16% quarter-over-quarter.
- 47 funds opened new Flex positions in Q2 2018 and 75 closed out, a net change of -28 holders.
- The largest Flex buyer in Q2 2018 was Janus Henderson Group, an estimated $158M added.
- The largest Flex seller in Q2 2018 was Boston Partners, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2018.