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450 hedge funds and large institutions have $11.1B invested in Flex in 2023 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 142 increasing their positions, 173 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $83.4M | Put options by funds: $48M

26% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 42

2% more funds holding

Funds holding: 441450 (+9)

5.86% less ownership

Funds ownership: 128.22%122.36% (-5.9%)

6% less capital invested

Capital invested by funds: $11.8B → $11.1B (-$711M)

12% less funds holding in top 10

Funds holding in top 10: 2522 (-3)

18% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 173

Holders
450
Holders Change
+9
Holders Change %
+2.04%
% of All Funds
7.14%
Holding in Top 10
22
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-12%
% of All Funds
0.35%
New
53
Increased
142
Reduced
173
Closed
42
Calls
$83.4M
Puts
$48M
Net Calls
+$35.5M
Net Calls Change
+$1.3B
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
76
Northern Trust
Illinois
$18.4M -$712K -35,142 -4%
CCM
77
Cinctive Capital Management
New York
$17.8M -$12.4M -610,290 -41%
FCM
78
Frontier Capital Management
Massachusetts
$17.7M -$176K -8,670 -1%
BNP Paribas Financial Markets
79
BNP Paribas Financial Markets
France
$17.5M +$15.6M +768,759 +837%
Man Group
80
Man Group
United Kingdom
$17.1M -$13.1M -645,290 Closed
SI
81
Scout Investments
Missouri
$17.1M -$893K -44,063 -5%
State of New Jersey Common Pension Fund D
82
State of New Jersey Common Pension Fund D
New Jersey
$16.7M -$326K -16,096 -2%
Robeco Institutional Asset Management
83
Robeco Institutional Asset Management
Netherlands
$16.6M -$13.9K -686 -0.1%
Stifel Financial
84
Stifel Financial
Missouri
$16M +$2.3M +113,313 +17%
UBS Group
85
UBS Group
Switzerland
$16M -$2.51M -123,711 -14%
Tudor Investment Corp
86
Tudor Investment Corp
Connecticut
$15.6M +$6.98M +344,624 +81%
STB
87
S&T Bank
Pennsylvania
$15.6M +$958K +47,276 +7%
RJA
88
Raymond James & Associates
Florida
$14.9M -$1.14M -56,357 -7%
TCA
89
Troluce Capital Advisors
Puerto Rico
$14.9M +$14.8M +730,768 New
ECM
90
ExodusPoint Capital Management
New York
$14M -$3.17M -156,224 -18%
Geode Capital Management
91
Geode Capital Management
Massachusetts
$13.7M +$1.15M +56,532 +9%
Charles Schwab
92
Charles Schwab
California
$13.6M -$976K -48,160 -7%
Barclays
93
Barclays
United Kingdom
$13.6M +$1.45M +71,361 +12%
BCP
94
Bayberry Capital Partners
New York
$13.5M +$13.4M +663,500 New
Susquehanna International Group
95
Susquehanna International Group
Pennsylvania
$13M +$4.24M +209,229 +49%
DRP
96
Decade Renewable Partners
Texas
$12.7M -$3.5M -172,510 -22%
Bank of New York Mellon
97
Bank of New York Mellon
New York
$12.5M +$382K +18,850 +3%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
98
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$12.4M +$5.04M +248,813 +69%
Thrivent Financial for Lutherans
99
Thrivent Financial for Lutherans
Minnesota
$12.4M +$46.1K +2,273 +0.4%
KCM
100
Kingdon Capital Management
New York
$11.9M -$3.9M -192,415 -25%

FLEX Hedge Fund Activity: Q3 2023 in Review

450 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2023, worth a combined $11.1B — down 6% from $11.8B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new FLEX positions and 42 closed out — a net gain of 11 holders — while 142 added to existing stakes and 173 trimmed.

The largest buyer was Nuveen, adding an estimated $142M. The largest seller was AllianceBernstein, cutting an estimated $149M.

  • 450 institutional investors held Flex (FLEX) as of Q3 2023, up from 441 in Q2 2023.
  • Funds reported $11.1B of Flex stock for Q3 2023, down 6% quarter-over-quarter.
  • 53 funds opened new Flex positions in Q3 2023 and 42 closed out, a net change of +11 holders.
  • The largest Flex buyer in Q3 2023 was Nuveen, an estimated $142M added.
  • The largest Flex seller in Q3 2023 was AllianceBernstein, an estimated $149M sold.

Based on aggregated 13F filings for Q3 2023.