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427 hedge funds and large institutions have $9.88B invested in Flex in 2023 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 134 increasing their positions, 148 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more call options, than puts

Call options by funds: $96.8M | Put options by funds: $29.8M

33% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 61

8% more capital invested

Capital invested by funds: $9.16B → $9.88B (+$713M)

3% more funds holding

Funds holding: 416427 (+11)

9% less repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 148

3.06% less ownership

Funds ownership: 129.05%125.99% (-3.1%)

19% less funds holding in top 10

Funds holding in top 10: 3226 (-6)

Holders
427
Holders Change
+11
Holders Change %
+2.64%
% of All Funds
6.8%
Holding in Top 10
26
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-18.75%
% of All Funds
0.41%
New
81
Increased
134
Reduced
148
Closed
61
Calls
$96.8M
Puts
$29.8M
Net Calls
+$67M
Net Calls Change
-$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
26
Sessa Capital
New York
$80.5M +$23M +1,327,000 +40%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$75.1M +$56.5M +3,266,167 +306%
Pzena Investment Management
28
Pzena Investment Management
New York
$73.4M -$42.8M -2,473,720 -37%
EARNEST Partners
29
EARNEST Partners
Georgia
$64.9M +$2.77M +159,899 +4%
Allianz Asset Management
30
Allianz Asset Management
Germany
$60.6M +$10.6M +612,116 +21%
Fidelity International
31
Fidelity International
Bermuda
$55.9M -$1.98M -114,686 -3%
Millennium Management
32
Millennium Management
New York
$54.4M -$61.6M -3,561,060 -53%
Capital International Investors
33
Capital International Investors
California
$52.7M
Morgan Stanley
34
Morgan Stanley
New York
$52.3M -$6.01M -347,483 -10%
NCL
35
Nishkama Capital LLC
Puerto Rico
$49.7M -$3.28M -189,360 -6%
SRFM
36
Shannon River Fund Management
New York
$49.5M -$16.3M -943,708 -25%
IAM
37
Iridian Asset Management
Connecticut
$48.6M -$7.94M -458,935 -14%
Goldman Sachs
38
Goldman Sachs
New York
$48.2M -$7.33M -423,603 -13%
Renaissance Technologies
39
Renaissance Technologies
New York
$47.4M +$2.81M +162,229 +6%
DekaBank Deutsche Girozentrale
40
DekaBank Deutsche Girozentrale
Germany
$46.4M -$23.5K -1,357 -0%
SI
41
Scout Investments
Missouri
$45.8M +$45.7M +2,643,852 New
GCM
42
Glenview Capital Management
New York
$44.2M -$48.9M -2,825,033 -53%
Wells Fargo
43
Wells Fargo
California
$42.1M -$3.84M -222,168 -8%
Balyasny Asset Management
44
Balyasny Asset Management
Illinois
$41.4M +$16M +927,130 +63%
UBS AM
45
UBS AM
Illinois
$41M +$2.03M +117,414 +5%
SEI Investments
46
SEI Investments
Pennsylvania
$39.6M +$328K +18,979 +0.8%
CCMG
47
Clark Capital Management Group
Pennsylvania
$37M +$954K +55,168 +3%
Legal & General Group
48
Legal & General Group
United Kingdom
$36.3M -$223K -12,912 -0.6%
ECA
49
Encompass Capital Advisors
New York
$36.2M +$1.77M +102,075 +5%
TSW
50
Thompson Siegel & Walmsley
Virginia
$35.8M -$4.06M -234,819 -10%

FLEX Hedge Fund Activity: Q1 2023 in Review

427 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2023, worth a combined $9.88B — up 7.8% from $9.16B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new FLEX positions and 61 closed out — a net gain of 20 holders — while 134 added to existing stakes and 148 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $248M. The largest seller was Victory Capital Management, cutting an estimated $115M.

  • 427 institutional investors held Flex (FLEX) as of Q1 2023, up from 416 in Q4 2022.
  • Funds reported $9.88B of Flex stock for Q1 2023, up 7.8% quarter-over-quarter.
  • 81 funds opened new Flex positions in Q1 2023 and 61 closed out, a net change of +20 holders.
  • The largest Flex buyer in Q1 2023 was Fidelity Investments, an estimated $248M added.
  • The largest Flex seller in Q1 2023 was Victory Capital Management, an estimated $115M sold.

Based on aggregated 13F filings for Q1 2023.