Flex
FLEX
323 hedge funds and large institutions have $8.43B invested in Flex in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 116 increasing their positions, 119 reducing their positions, and 43 closing their positions.
152% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $10M
1% more capital invested
Capital invested by funds: $8.33B → $8.43B (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1% less ownership
Funds ownership: 127.89% → 126.9% (-1%)
3% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 119
4% less funds holding
Funds holding: 336 → 323 (-13)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$76.4M |
| 2 |
JP Morgan Chase
New York
|
+$54.2M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$40.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$32.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$32.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$71.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$71.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$54.7M |
| 4 |
Renaissance Technologies
New York
|
-$36.9M |
| 5 |
BlackRock
New York
|
-$28.4M |
FLEX Hedge Fund Activity: Q3 2017 in Review
323 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2017, worth a combined $8.43B — up 1.2% from $8.33B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of FLEX and 35 opened new positions — a net loss of 8 holders — while 119 trimmed existing stakes and 116 added.
The largest buyer was Wellington Management Group, adding an estimated $76.4M. The largest seller was Millennium Management, exiting entirely with an estimated $71.8M sold.
- 323 institutional investors held Flex (FLEX) as of Q3 2017, down from 336 in Q2 2017.
- Funds reported $8.43B of Flex stock for Q3 2017, up 1.2% quarter-over-quarter.
- 35 funds opened new Flex positions in Q3 2017 and 43 closed out, a net change of -8 holders.
- The largest Flex buyer in Q3 2017 was Wellington Management Group, an estimated $76.4M added.
- The largest Flex seller in Q3 2017 was Millennium Management, an estimated $71.8M sold.
Based on aggregated 13F filings for Q3 2017.