Flex
FLEX
285 hedge funds and large institutions have $4.96B invested in Flex in 2020 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 67 increasing their positions, 113 reducing their positions, and 64 closing their positions.
17% more capital invested
Capital invested by funds: $4.23B → $4.96B (+$729M)
3% less funds holding
Funds holding: 294 → 285 (-9)
3.49% less ownership
Funds ownership: 133.06% → 129.57% (-3.5%)
13% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 64
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
36% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $16.3M
41% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$151M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$144M |
| 3 |
Pzena Investment Management
New York
|
+$44.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$30.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$223M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$98.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$53.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$40.9M |
| 5 |
FAM
Fred Alger Management
New York
|
-$34.9M |
FLEX Hedge Fund Activity: Q2 2020 in Review
285 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2020, worth a combined $4.96B — up 17% from $4.23B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of FLEX and 56 opened new positions — a net loss of 8 holders — while 113 trimmed existing stakes and 67 added.
The largest buyer was Capital International Investors, adding an estimated $151M. The largest seller was Victory Capital Management, cutting an estimated $223M.
- 285 institutional investors held Flex (FLEX) as of Q2 2020, down from 294 in Q1 2020.
- Funds reported $4.96B of Flex stock for Q2 2020, up 17% quarter-over-quarter.
- 56 funds opened new Flex positions in Q2 2020 and 64 closed out, a net change of -8 holders.
- The largest Flex buyer in Q2 2020 was Capital International Investors, an estimated $151M added.
- The largest Flex seller in Q2 2020 was Victory Capital Management, an estimated $223M sold.
Based on aggregated 13F filings for Q2 2020.