Flex
FLEX
326 hedge funds and large institutions have $6.8B invested in Flex in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 101 increasing their positions, 143 reducing their positions, and 39 closing their positions.
178% more call options, than puts
Call options by funds: $18.1M | Put options by funds: $6.52M
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
14% more capital invested
Capital invested by funds: $5.95B → $6.8B (+$846M)
4% less funds holding
Funds holding: 338 → 326 (-12)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
29% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$167M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$73.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$72.4M |
| 4 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$36M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$116M |
| 2 |
Morgan Stanley
New York
|
-$75.5M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$58.9M |
| 4 |
PC
Passport Capital
San Francisco,
California
|
-$40.6M |
| 5 |
WM
WS Management
Jacksonville,
Florida
|
-$37.4M |
FLEX Hedge Fund Activity: Q3 2016 in Review
326 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2016, worth a combined $6.8B — up 14% from $5.95B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FLEX and 29 opened new positions — a net loss of 10 holders — while 143 trimmed existing stakes and 101 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $167M. The largest seller was Glenview Capital Management, cutting an estimated $116M.
- 326 institutional investors held Flex (FLEX) as of Q3 2016, down from 338 in Q2 2016.
- Funds reported $6.8B of Flex stock for Q3 2016, up 14% quarter-over-quarter.
- 29 funds opened new Flex positions in Q3 2016 and 39 closed out, a net change of -10 holders.
- The largest Flex buyer in Q3 2016 was Janus Henderson Investors US, an estimated $167M added.
- The largest Flex seller in Q3 2016 was Glenview Capital Management, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2016.