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310 hedge funds and large institutions have $6B invested in Flex in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 110 increasing their positions, 113 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more call options, than puts

Call options by funds: $8.15M | Put options by funds: $3.38M

35% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 34

17% more funds holding in top 10

Funds holding in top 10: 1214 (+2)

3% more funds holding

Funds holding: 300310 (+10)

5% more capital invested

Capital invested by funds: $5.72B → $6B (+$280M)

3% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 113

Holders
310
Holders Change
+10
Holders Change %
+3.33%
% of All Funds
8.26%
Holding in Top 10
14
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+16.67%
% of All Funds
0.37%
New
46
Increased
110
Reduced
113
Closed
34
Calls
$8.15M
Puts
$3.38M
Net Calls
+$4.78M
Net Calls Change
-$2.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$822M +$49.9M +6,209,864 +7%
Boston Partners
2
Boston Partners
Massachusetts
$673M +$89.1M +11,087,236 +18%
Primecap Management
3
Primecap Management
California
$616M +$25.4M +3,154,979 +5%
GCM
4
Glenview Capital Management
New York
$579M -$76.1M -9,464,865 -13%
SSM
5
Sound Shore Management
Connecticut
$161M -$489K -60,856 -0.3%
AQR Capital Management
6
AQR Capital Management
Connecticut
$124M -$21.2M -2,635,677 -16%
LSV Asset Management
7
LSV Asset Management
Illinois
$118M +$10.4M +1,289,180 +11%
Franklin Resources
8
Franklin Resources
California
$115M -$138M -17,152,308 -57%
JHIU
9
Janus Henderson Investors US
Colorado
$108M +$28.1M +3,494,880 +42%
Invesco
10
Invesco
Georgia
$102M -$15M -1,863,047 -14%
Morgan Stanley
11
Morgan Stanley
New York
$98.4M +$32.5M +4,049,703 +60%
Goldman Sachs
12
Goldman Sachs
New York
$90.3M -$36.1M -4,494,336 -31%
BIT
13
BlackRock Institutional Trust
California
$89.4M -$6.47M -804,682 -8%
GC
14
GMT Capital
Georgia
$87.4M +$22.2M +2,759,098 +40%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$87.2M +$19.6M +2,435,285 +34%
TSW
16
Thompson Siegel & Walmsley
Virginia
$84.7M +$9.43M +1,172,802 +14%
State Street
17
State Street
Massachusetts
$81.4M -$1.05M -130,472 -1%
Pzena Investment Management
18
Pzena Investment Management
New York
$76.8M +$6.89M +857,507 +11%
Ninety One (UK)
19
Ninety One (UK)
United Kingdom
$68M +$60.1M +7,480,387 New
Norges Bank
20
Norges Bank
Norway
$66.9M
Jennison Associates
21
Jennison Associates
New York
$63.9M +$6.86M +853,889 +14%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$61.2M +$17.2M +2,144,246 +47%
WM
23
WS Management
Florida
$59.8M
BG
24
BlackRock Group
United Kingdom
$59M +$1.38M +171,556 +3%
Allianz Asset Management
25
Allianz Asset Management
Germany
$54.6M +$4.34M +539,888 +10%

FLEX Hedge Fund Activity: Q1 2016 in Review

310 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2016, worth a combined $6B — up 4.9% from $5.72B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FLEX positions and 34 closed out — a net gain of 12 holders — while 110 added to existing stakes and 113 trimmed.

The largest buyer was Boston Partners, adding an estimated $89.1M. The largest seller was Franklin Resources, cutting an estimated $138M.

  • 310 institutional investors held Flex (FLEX) as of Q1 2016, up from 300 in Q4 2015.
  • Funds reported $6B of Flex stock for Q1 2016, up 4.9% quarter-over-quarter.
  • 46 funds opened new Flex positions in Q1 2016 and 34 closed out, a net change of +12 holders.
  • The largest Flex buyer in Q1 2016 was Boston Partners, an estimated $89.1M added.
  • The largest Flex seller in Q1 2016 was Franklin Resources, an estimated $138M sold.

Based on aggregated 13F filings for Q1 2016.