Flex
FLEX
474 hedge funds and large institutions have $11.3B invested in Flex in 2024 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 46 increasing their positions, 352 reducing their positions, and 76 closing their positions.
414% more call options, than puts
Call options by funds: $134M | Put options by funds: $26M
0% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 76
0% less funds holding
Funds holding: 476 → 474 (-2)
6% less capital invested
Capital invested by funds: $12.1B → $11.3B (-$779M)
29.12% less ownership
Funds ownership: 122.94% → 93.82% (-29%)
50% less funds holding in top 10
Funds holding in top 10: 24 → 12 (-12)
87% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 352
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$191M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$126M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$67.5M |
| 4 |
DFO
Duquesne Family Office
New York
|
+$61.8M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$55.1M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$404M |
| 2 |
Primecap Management
Pasadena,
California
|
-$371M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$256M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$253M |
| 5 |
D.E. Shaw & Co
New York
|
-$129M |
FLEX Hedge Fund Activity: Q1 2024 in Review
474 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2024, worth a combined $11.3B — down 6.4% from $12.1B a quarter earlier.
Fund positioning in FLEX was balanced in Q1 2024: 76 funds opened new positions, 76 closed out, 46 added to existing stakes and 352 trimmed.
The largest buyer was Boston Partners, adding an estimated $191M. The largest seller was Fidelity Investments, cutting an estimated $404M.
- 474 institutional investors held Flex (FLEX) as of Q1 2024, down from 476 in Q4 2023.
- Funds reported $11.3B of Flex stock for Q1 2024, down 6.4% quarter-over-quarter.
- 76 funds opened new Flex positions in Q1 2024 and 76 closed out, a net change of 0 holders.
- The largest Flex buyer in Q1 2024 was Boston Partners, an estimated $191M added.
- The largest Flex seller in Q1 2024 was Fidelity Investments, an estimated $404M sold.
Based on aggregated 13F filings for Q1 2024.