Flex
FLEX
322 hedge funds and large institutions have $4.91B invested in Flex in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 105 increasing their positions, 92 reducing their positions, and 51 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more call options, than puts
Call options by funds: $15.7M | Put options by funds: $11.8M
32% more capital invested
Capital invested by funds: $3.72B → $4.91B (+$1.19B)
14% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 92
1.42% more ownership
Funds ownership: 123.44% → 124.87% (+1.4%)
6% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 51
0% more funds holding
Funds holding: 322 → 322 (0)
Top Buyers
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$106M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.6M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$54.3M |
| 4 |
GCM
Glenview Capital Management
New York
|
+$46.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$42.2M |
Top Sellers
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$77.4M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$68.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$52.5M |
| 4 |
JP Morgan Chase
New York
|
-$48.2M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$47.8M |
FLEX Hedge Fund Activity: Q1 2019 in Review
322 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2019, worth a combined $4.91B — up 32% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FLEX positions and 51 closed out — a net gain of 3 holders — while 105 added to existing stakes and 92 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $106M. The largest seller was Alyeska Investment Group, cutting an estimated $77.4M.
- 322 institutional investors held Flex (FLEX) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $4.91B of Flex stock for Q1 2019, up 32% quarter-over-quarter.
- 54 funds opened new Flex positions in Q1 2019 and 51 closed out, a net change of +3 holders.
- The largest Flex buyer in Q1 2019 was Iridian Asset Management, an estimated $106M added.
- The largest Flex seller in Q1 2019 was Alyeska Investment Group, an estimated $77.4M sold.
Based on aggregated 13F filings for Q1 2019.