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441 hedge funds and large institutions have $11.8B invested in Flex in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 123 increasing their positions, 180 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 55

20% more capital invested

Capital invested by funds: $9.88B → $11.8B (+$1.96B)

3% more funds holding

Funds holding: 427441 (+14)

2.23% more ownership

Funds ownership: 125.99%128.22% (+2.2%)

4% less funds holding in top 10

Funds holding in top 10: 2625 (-1)

32% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 180

94% less call options, than puts

Call options by funds: $87.2M | Put options by funds: $1.35B

Holders
441
Holders Change
+14
Holders Change %
+3.28%
% of All Funds
6.92%
Holding in Top 10
25
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.85%
% of All Funds
0.39%
New
71
Increased
123
Reduced
180
Closed
55
Calls
$87.2M
Puts
$1.35B
Net Calls
-$1.26B
Net Calls Change
-$1.33B
Name Holding Trade Value Shares
Change
Change in
Stake
KHCM
76
Kettle Hill Capital Management
New York
$19.1M +$16.3M +915,314 New
SI
77
Scout Investments
Missouri
$19M -$31.2M -1,749,804 -66%
UBS Group
78
UBS Group
Switzerland
$18.9M +$1.57M +87,774 +11%
AIP
79
ARS Investment Partners
New York
$18.5M -$444K -24,875 -3%
FCM
80
Frontier Capital Management
Massachusetts
$18.3M -$161K -9,033 -1%
ECM
81
ExodusPoint Capital Management
New York
$17.6M +$7.38M +413,854 +96%
State of New Jersey Common Pension Fund D
82
State of New Jersey Common Pension Fund D
New Jersey
$17.5M
GCM
83
Glenview Capital Management
New York
$17.2M -$30.8M -1,725,751 -68%
ACM
84
Ararat Capital Management
Connecticut
$17.1M -$7.96M -446,418 -35%
Robeco Institutional Asset Management
85
Robeco Institutional Asset Management
Netherlands
$17.1M -$3.04M -170,520 -17%
PCM
86
Philosophy Capital Management
California
$16.9M +$890K +49,889 +7%
DRP
87
Decade Renewable Partners
Texas
$16.6M -$10.8M -607,872 -43%
RJA
88
Raymond James & Associates
Florida
$16.4M +$1.62M +90,731 +13%
National Bank of Canada
89
National Bank of Canada
Quebec, Canada
$16.2M +$12.9M +722,406 +1,237%
KCM
90
Kingdon Capital Management
New York
$16.2M -$1.89M -106,160 -12%
Deutsche Bank
91
Deutsche Bank
Germany
$15.8M -$1.94M -108,780 -13%
STB
92
S&T Bank
Pennsylvania
$15M -$1.15M -64,595 -8%
Charles Schwab
93
Charles Schwab
California
$15M -$1.32M -73,820 -9%
Stifel Financial
94
Stifel Financial
Missouri
$14M +$1.98M +110,788 +20%
Man Group
95
Man Group
United Kingdom
$13.4M +$11.5M +645,290 New
Geode Capital Management
96
Geode Capital Management
Massachusetts
$12.8M -$492K -27,579 -4%
Thrivent Financial for Lutherans
97
Thrivent Financial for Lutherans
Minnesota
$12.6M -$335K -18,786 -3%
SSA
98
Schonfeld Strategic Advisors
New York
$12.5M +$8.59M +482,010 +405%
Ameriprise
99
Ameriprise
Minnesota
$12.5M +$83.2K +4,664 +0.8%
Bank of New York Mellon
100
Bank of New York Mellon
New York
$12.4M -$291K -16,332 -3%

FLEX Hedge Fund Activity: Q2 2023 in Review

441 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2023, worth a combined $11.8B — up 20% from $9.88B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new FLEX positions and 55 closed out — a net gain of 16 holders — while 123 added to existing stakes and 180 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $277M. The largest seller was BlackRock, cutting an estimated $57.5M.

  • 441 institutional investors held Flex (FLEX) as of Q2 2023, up from 427 in Q1 2023.
  • Funds reported $11.8B of Flex stock for Q2 2023, up 20% quarter-over-quarter.
  • 71 funds opened new Flex positions in Q2 2023 and 55 closed out, a net change of +16 holders.
  • The largest Flex buyer in Q2 2023 was Fidelity Investments, an estimated $277M added.
  • The largest Flex seller in Q2 2023 was BlackRock, an estimated $57.5M sold.

Based on aggregated 13F filings for Q2 2023.