Flex
FLEX
307 hedge funds and large institutions have $5.04B invested in Flex in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 94 increasing their positions, 107 reducing their positions, and 54 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
8% more capital invested
Capital invested by funds: $4.68B → $5.04B (+$365M)
1.98% less ownership
Funds ownership: 126.19% → 124.21% (-2%)
5% less funds holding
Funds holding: 322 → 307 (-15)
12% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 107
26% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 54
46% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $24.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
+$111M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
+$45.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$26.6M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$107M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$69.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$33M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$29.1M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$24.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
351
MUFG Americas
New York
| – | -$4K | -571 | Closed |
|
|
EWM
352
Executive Wealth Management
Brighton,
Michigan
| – | -$3K | -398 | Closed |
|
353
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -232 | Closed |
|
|
AC
354
Avestar Capital
New York
| – | -$1K | -231 | Closed |
|
|
GWS
355
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.08K | -140 | -81% |
|
|
W
356
WealthStone
Columbus,
Ohio
| – | -$555 | -77 | Closed |
|
|
BC
357
Bartlett & Co
Cincinnati,
Ohio
| – | +$254 | +33 | New |
|
FLEX Hedge Fund Activity: Q3 2019 in Review
307 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2019, worth a combined $5.04B — up 7.8% from $4.68B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of FLEX and 40 opened new positions — a net loss of 14 holders — while 107 trimmed existing stakes and 94 added.
The largest buyer was Sachem Head Capital Management, opening a new position worth an estimated $111M. The largest seller was UBS Group, cutting an estimated $107M.
- 307 institutional investors held Flex (FLEX) as of Q3 2019, down from 322 in Q2 2019.
- Funds reported $5.04B of Flex stock for Q3 2019, up 7.8% quarter-over-quarter.
- 40 funds opened new Flex positions in Q3 2019 and 54 closed out, a net change of -14 holders.
- The largest Flex buyer in Q3 2019 was Sachem Head Capital Management, an estimated $111M added.
- The largest Flex seller in Q3 2019 was UBS Group, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2019.