Flex
FLEX
267 hedge funds and large institutions have $5.04B invested in Flex in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 83 increasing their positions, 96 reducing their positions, and 20 closing their positions.
322% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $3.63M
130% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 20
13% more capital invested
Capital invested by funds: $4.45B → $5.04B (+$590M)
9% more funds holding
Funds holding: 244 → 267 (+23)
14% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 96
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$69.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.9M |
| 3 |
Goldman Sachs
New York
|
+$30.3M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$26.9M |
| 5 |
Two Sigma Investments
New York
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$160M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$80.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$44.6M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$35.5M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$32.8M |
FLEX Hedge Fund Activity: Q3 2013 in Review
267 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2013, worth a combined $5.04B — up 13% from $4.45B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FLEX positions and 20 closed out — a net gain of 26 holders — while 83 added to existing stakes and 96 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $69.4M. The largest seller was Brandes Investment Partners, cutting an estimated $160M.
- 267 institutional investors held Flex (FLEX) as of Q3 2013, up from 244 in Q2 2013.
- Funds reported $5.04B of Flex stock for Q3 2013, up 13% quarter-over-quarter.
- 46 funds opened new Flex positions in Q3 2013 and 20 closed out, a net change of +26 holders.
- The largest Flex buyer in Q3 2013 was AJO LP, an estimated $69.4M added.
- The largest Flex seller in Q3 2013 was Brandes Investment Partners, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2013.