Flex
FLEX
310 hedge funds and large institutions have $8.21B invested in Flex in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 102 increasing their positions, 131 reducing their positions, and 42 closing their positions.
110% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $10.8M
16% more capital invested
Capital invested by funds: $7.07B → $8.21B (+$1.14B)
0.23% more ownership
Funds ownership: 120.95% → 121.18% (+0.23%)
5% less funds holding
Funds holding: 326 → 310 (-16)
17% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 42
22% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 131
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$347M |
| 2 |
Millennium Management
New York
|
+$76.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$74.5M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$55M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$90.4M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$83M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$39.1M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$32.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$30.4M |
FLEX Hedge Fund Activity: Q1 2017 in Review
310 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2017, worth a combined $8.21B — up 16% from $7.07B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FLEX and 35 opened new positions — a net loss of 7 holders — while 131 trimmed existing stakes and 102 added.
The largest buyer was BlackRock, adding an estimated $347M. The largest seller was Glenview Capital Management, cutting an estimated $90.4M.
- 310 institutional investors held Flex (FLEX) as of Q1 2017, down from 326 in Q4 2016.
- Funds reported $8.21B of Flex stock for Q1 2017, up 16% quarter-over-quarter.
- 35 funds opened new Flex positions in Q1 2017 and 42 closed out, a net change of -7 holders.
- The largest Flex buyer in Q1 2017 was BlackRock, an estimated $347M added.
- The largest Flex seller in Q1 2017 was Glenview Capital Management, an estimated $90.4M sold.
Based on aggregated 13F filings for Q1 2017.