Flex
FLEX
372 hedge funds and large institutions have $8.22B invested in Flex in 2018 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 124 increasing their positions, 125 reducing their positions, and 41 closing their positions.
164% more call options, than puts
Call options by funds: $32.5M | Put options by funds: $12.3M
46% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 41
4% more funds holding
Funds holding: 356 → 372 (+16)
1% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 125
2.73% less ownership
Funds ownership: 129.53% → 126.8% (-2.7%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
11% less capital invested
Capital invested by funds: $9.28B → $8.22B (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$222M |
| 2 |
CAM
Contour Asset Management
New York
|
+$101M |
| 3 |
BlackRock
New York
|
+$87.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$65.7M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$54.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$273M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$157M |
| 3 |
GCM
Glenview Capital Management
New York
|
-$123M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$67M |
| 5 |
First Eagle Investment Management
New York
|
-$62.7M |
FLEX Hedge Fund Activity: Q1 2018 in Review
372 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2018, worth a combined $8.22B — down 11% from $9.28B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new FLEX positions and 41 closed out — a net gain of 19 holders — while 124 added to existing stakes and 125 trimmed.
The largest buyer was Harris Associates, opening a new position worth an estimated $222M. The largest seller was Boston Partners, cutting an estimated $273M.
- 372 institutional investors held Flex (FLEX) as of Q1 2018, up from 356 in Q4 2017.
- Funds reported $8.22B of Flex stock for Q1 2018, down 11% quarter-over-quarter.
- 60 funds opened new Flex positions in Q1 2018 and 41 closed out, a net change of +19 holders.
- The largest Flex buyer in Q1 2018 was Harris Associates, an estimated $222M added.
- The largest Flex seller in Q1 2018 was Boston Partners, an estimated $273M sold.
Based on aggregated 13F filings for Q1 2018.