Flex
FLEX
278 hedge funds and large institutions have $5.43B invested in Flex in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 96 increasing their positions, 102 reducing their positions, and 19 closing their positions.
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
22% more call options, than puts
Call options by funds: $9.3M | Put options by funds: $7.62M
2% more funds holding
Funds holding: 272 → 278 (+6)
6% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 102
10% less capital invested
Capital invested by funds: $6.02B → $5.43B (-$590M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$32.7M |
| 2 |
CAM
Contour Asset Management
New York
|
+$23.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$20.7M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$20.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$91.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$57.7M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$39.1M |
| 4 |
Jennison Associates
New York
|
-$33.1M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$25.9M |
FLEX Hedge Fund Activity: Q3 2014 in Review
278 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2014, worth a combined $5.43B — down 9.8% from $6.02B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FLEX positions and 19 closed out — a net gain of 7 holders — while 96 added to existing stakes and 102 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $32.7M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $91.8M sold.
- 278 institutional investors held Flex (FLEX) as of Q3 2014, up from 272 in Q2 2014.
- Funds reported $5.43B of Flex stock for Q3 2014, down 9.8% quarter-over-quarter.
- 26 funds opened new Flex positions in Q3 2014 and 19 closed out, a net change of +7 holders.
- The largest Flex buyer in Q3 2014 was BlackRock Institutional Trust, an estimated $32.7M added.
- The largest Flex seller in Q3 2014 was Capital Research Global Investors, an estimated $91.8M sold.
Based on aggregated 13F filings for Q3 2014.