Flex
FLEX
338 hedge funds and large institutions have $5.95B invested in Flex in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 120 increasing their positions, 112 reducing their positions, and 24 closing their positions.
125% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 24
88% more call options, than puts
Call options by funds: $9.62M | Put options by funds: $5.11M
9% more funds holding
Funds holding: 310 → 338 (+28)
7% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 112
1% less capital invested
Capital invested by funds: $6B → $5.95B (-$49.1M)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$72M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
+$70.3M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$42.2M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$40M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$99.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$55.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$47M |
| 4 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
-$43.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$39.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
351
American International Group
New York
| – | -$183K | -20,212 | Closed |
|
|
QSS
352
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$155K | -17,215 | Closed |
|
|
CCIA
353
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$132K | -14,472 | Closed |
|
|
BIM
354
BRC Investment Management
Greenwood Village,
Colorado
| – | -$123K | -13,573 | Closed |
|
|
TWM
355
Torch Wealth Management
Cincinnati,
Ohio
| – | -$121K | -13,270 | Closed |
|
356
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$37K | -4,050 | Closed |
|
|
WIC
357
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$7K | -796 | Closed |
|
|
FANJ
358
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$6K | -664 | Closed |
|
|
SSB
359
Sandy Spring Bank
Olney,
Maryland
| – | -$4K | -445 | Closed |
|
360
AssetMark Inc
Concord,
California
| – | -$3K | -291 | Closed |
|
|
S
361
SignatureFD
Atlanta,
Georgia
| – | -$578 | -62 | -66% |
|
FLEX Hedge Fund Activity: Q2 2016 in Review
338 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2016, worth a combined $5.95B — down 0.82% from $6B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FLEX positions and 24 closed out — a net gain of 30 holders — while 120 added to existing stakes and 112 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $72M. The largest seller was Capital Research Global Investors, cutting an estimated $99.5M.
- 338 institutional investors held Flex (FLEX) as of Q2 2016, up from 310 in Q1 2016.
- Funds reported $5.95B of Flex stock for Q2 2016, down 0.82% quarter-over-quarter.
- 54 funds opened new Flex positions in Q2 2016 and 24 closed out, a net change of +30 holders.
- The largest Flex buyer in Q2 2016 was Iridian Asset Management, an estimated $72M added.
- The largest Flex seller in Q2 2016 was Capital Research Global Investors, an estimated $99.5M sold.
Based on aggregated 13F filings for Q2 2016.