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476 hedge funds and large institutions have $12.1B invested in Flex in 2023 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 152 increasing their positions, 173 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $95.4M | Put options by funds: $49.8M

63% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 52

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

9% more capital invested

Capital invested by funds: $11.1B → $12.1B (+$960M)

6% more funds holding

Funds holding: 450476 (+26)

0.58% more ownership

Funds ownership: 122.36%122.94% (+0.58%)

12% less repeat investments, than reductions

Existing positions increased: 152 | Existing positions reduced: 173

Holders
476
Holders Change
+26
Holders Change %
+5.78%
% of All Funds
6.94%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.35%
New
85
Increased
152
Reduced
173
Closed
52
Calls
$95.4M
Puts
$49.8M
Net Calls
+$45.6M
Net Calls Change
+$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Qube Research & Technologies (QRT)
26
Qube Research & Technologies (QRT)
United Kingdom
$98.2M +$37.4M +1,867,501 +78%
EARNEST Partners
27
EARNEST Partners
Georgia
$97.8M -$360K -17,986 -0.3%
JP Morgan Chase
28
JP Morgan Chase
New York
$90.9M +$46.2M +2,309,792 +140%
Legal & General Group
29
Legal & General Group
United Kingdom
$81.1M +$9.81M +490,077 +16%
Citadel Advisors
30
Citadel Advisors
Florida
$78.3M -$8.91M -445,050 -12%
California Public Employees Retirement System
31
California Public Employees Retirement System
California
$73.8M +$25.1M +1,253,919 +64%
Fidelity International
32
Fidelity International
Bermuda
$70.7M -$3.17M -158,630 -5%
PWAM
33
Park West Asset Management
California
$66.6M -$66.7M -3,331,742 -53%
SSA
34
Schonfeld Strategic Advisors
New York
$62.7M +$17.3M +862,174 +46%
SC
35
Sessa Capital
New York
$60.9M -$26.6M -1,327,000 -33%
SI
36
Standard Investments
New York
$59.4M -$34M -1,698,560 -40%
BIP
37
Brandes Investment Partners
California
$59M +$10.9M +543,320 +27%
Allianz Asset Management
38
Allianz Asset Management
Germany
$57.9M -$7.75M -387,106 -11%
DekaBank Deutsche Girozentrale
39
DekaBank Deutsche Girozentrale
Germany
$57.4M -$3.93M -196,607 -7%
CCMG
40
Clark Capital Management Group
Pennsylvania
$56.4M +$1.76M +87,833 +4%
Millennium Management
41
Millennium Management
New York
$55.8M +$5.66M +283,000 +13%
UBS AM
42
UBS AM
Illinois
$53.1M -$75.2K -3,759 -0.2%
Two Sigma Investments
43
Two Sigma Investments
New York
$47.9M +$35.7M +1,783,391 +589%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$47.7M +$12.2M +607,550 +41%
Wells Fargo
45
Wells Fargo
California
$47M -$1.67M -83,385 -4%
Holocene Advisors
46
Holocene Advisors
New York
$40.8M +$13.2M +661,802 +59%
Goldman Sachs
47
Goldman Sachs
New York
$39.5M -$25.5M -1,272,127 -43%
Balyasny Asset Management
48
Balyasny Asset Management
Illinois
$39M -$450K -22,495 -1%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$38.2M -$2.07M -103,515 -6%
SEI Investments
50
SEI Investments
Pennsylvania
$37.8M -$1.26M -62,754 -4%

FLEX Hedge Fund Activity: Q4 2023 in Review

476 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q4 2023, worth a combined $12.1B — up 8.6% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new FLEX positions and 52 closed out — a net gain of 33 holders — while 152 added to existing stakes and 173 trimmed.

The largest buyer was Sachem Head Capital Management, adding an estimated $170M. The largest seller was BlackRock, cutting an estimated $146M.

  • 476 institutional investors held Flex (FLEX) as of Q4 2023, up from 450 in Q3 2023.
  • Funds reported $12.1B of Flex stock for Q4 2023, up 8.6% quarter-over-quarter.
  • 85 funds opened new Flex positions in Q4 2023 and 52 closed out, a net change of +33 holders.
  • The largest Flex buyer in Q4 2023 was Sachem Head Capital Management, an estimated $170M added.
  • The largest Flex seller in Q4 2023 was BlackRock, an estimated $146M sold.

Based on aggregated 13F filings for Q4 2023.