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582 hedge funds and large institutions have $12.4B invested in Flex in 2025 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 198 increasing their positions, 215 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

116% more call options, than puts

Call options by funds: $31.7M | Put options by funds: $14.7M

37% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 59

2% more funds holding

Funds holding: 570582 (+12)

8% less repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 215

3.46% less ownership

Funds ownership: 101.51%98.04% (-3.5%)

18% less capital invested

Capital invested by funds: $15.1B → $12.4B (-$2.7B)

43% less funds holding in top 10

Funds holding in top 10: 148 (-6)

Holders
582
Holders Change
+12
Holders Change %
+2.11%
% of All Funds
7.8%
Holding in Top 10
8
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-42.86%
% of All Funds
0.11%
New
81
Increased
198
Reduced
215
Closed
59
Calls
$31.7M
Puts
$14.7M
Net Calls
+$17M
Net Calls Change
-$40.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
101
PGGM Investments
Netherlands
$7.96M -$71.3K -1,821 -0.8%
BNP Paribas Financial Markets
102
BNP Paribas Financial Markets
France
$7.88M +$3.85M +98,334 +70%
HSBC Holdings
103
HSBC Holdings
United Kingdom
$7.87M +$6.04M +154,157 +180%
Russell Investments Group
104
Russell Investments Group
United Kingdom
$7.82M +$6.12M +156,193 +195%
Axa
105
Axa
France
$7.8M +$7.53M +192,243 +442%
Manulife (Manufacturers Life Insurance)
106
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.76M -$379K -9,667 -4%
RA
107
Royce & Associates
New York
$7.74M -$1.91M -48,790 -17%
State of Wisconsin Investment Board
108
State of Wisconsin Investment Board
Wisconsin
$7.61M +$459K +11,714 +5%
Federated Hermes
109
Federated Hermes
Pennsylvania
$7.5M -$49.1K -1,253 -0.5%
Brown Advisory
110
Brown Advisory
Maryland
$7.47M +$1.17M +29,911 +15%
BPIM
111
Brant Point Investment Management
New York
$7.38M +$118K +3,000 +1%
Janney Montgomery Scott
112
Janney Montgomery Scott
Pennsylvania
$7.37M +$163K +4,151 +2%
Capital Fund Management (CFM)
113
Capital Fund Management (CFM)
France
$7.25M +$603K +15,400 +8%
Royal London Asset Management
114
Royal London Asset Management
United Kingdom
$7.25M -$24.3K -620 -0.3%
T. Rowe Price Associates
115
T. Rowe Price Associates
Maryland
$7.18M +$1.54M +39,367 +22%
MIP
116
Marietta Investment Partners
Wisconsin
$7.16M -$205K -5,244 -2%
RBI
117
Raiffeisen Bank International
Austria
$6.82M -$5.85M -149,376 -42%
MIM
118
MetLife Investment Management
New Jersey
$6.81M -$233K -5,936 -3%
BAAM
119
Baker Avenue Asset Management
California
$6.77M -$588K -15,008 -7%
GWM
120
Graybill Wealth Management
Illinois
$6.71M +$7.95M +202,963 New
MWM
121
Moran Wealth Management
Florida
$6.68M +$4.23M +107,847 +115%
LG
122
Leuthold Group
Minnesota
$6.65M -$550K -14,037 -7%
MOACM
123
Mutual of America Capital Management
New York
$6.52M -$300K -7,666 -4%
OAM
124
Oppenheimer Asset Management
New York
$6.49M +$189K +4,820 +3%
Millennium Management
125
Millennium Management
New York
$6.45M +$7.63M +194,859 New

FLEX Hedge Fund Activity: Q1 2025 in Review

582 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2025, worth a combined $12.4B — down 18% from $15.1B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new FLEX positions and 59 closed out — a net gain of 22 holders — while 198 added to existing stakes and 215 trimmed.

The largest buyer was Invesco, adding an estimated $116M. The largest seller was Fidelity Investments, cutting an estimated $248M.

  • 582 institutional investors held Flex (FLEX) as of Q1 2025, up from 570 in Q4 2024.
  • Funds reported $12.4B of Flex stock for Q1 2025, down 18% quarter-over-quarter.
  • 81 funds opened new Flex positions in Q1 2025 and 59 closed out, a net change of +22 holders.
  • The largest Flex buyer in Q1 2025 was Invesco, an estimated $116M added.
  • The largest Flex seller in Q1 2025 was Fidelity Investments, an estimated $248M sold.

Based on aggregated 13F filings for Q1 2025.