Flex
FLEX
322 hedge funds and large institutions have $3.73B invested in Flex in 2018 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 104 increasing their positions, 105 reducing their positions, and 80 closing their positions.
45% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $14.2M
0.52% more ownership
Funds ownership: 122.93% → 123.44% (+0.52%)
1% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 105
6% less funds holding
Funds holding: 343 → 322 (-21)
20% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 80
42% less capital invested
Capital invested by funds: $6.47B → $3.73B (-$2.74B)
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$113M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$82.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$77.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$67.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$230M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$160M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$138M |
| 4 |
Jennison Associates
New York
|
-$87.3M |
| 5 |
CAM
Contour Asset Management
New York
|
-$75.2M |
FLEX Hedge Fund Activity: Q4 2018 in Review
322 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q4 2018, worth a combined $3.73B — down 42% from $6.47B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of FLEX and 64 opened new positions — a net loss of 16 holders — while 105 trimmed existing stakes and 104 added.
The largest buyer was Primecap Management, adding an estimated $113M. The largest seller was Janus Henderson Group, cutting an estimated $230M.
- 322 institutional investors held Flex (FLEX) as of Q4 2018, down from 343 in Q3 2018.
- Funds reported $3.73B of Flex stock for Q4 2018, down 42% quarter-over-quarter.
- 64 funds opened new Flex positions in Q4 2018 and 80 closed out, a net change of -16 holders.
- The largest Flex buyer in Q4 2018 was Primecap Management, an estimated $113M added.
- The largest Flex seller in Q4 2018 was Janus Henderson Group, an estimated $230M sold.
Based on aggregated 13F filings for Q4 2018.