Flex
FLEX
322 hedge funds and large institutions have $4.68B invested in Flex in 2019 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 102 increasing their positions, 103 reducing their positions, and 52 closing their positions.
1.32% more ownership
Funds ownership: 124.87% → 126.19% (+1.3%)
7% more call options, than puts
Call options by funds: $25.1M | Put options by funds: $23.5M
4% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 52
0% more funds holding
Funds holding: 322 → 322 (0)
1% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 103
5% less capital invested
Capital invested by funds: $4.91B → $4.68B (-$234M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$53M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.5M |
| 3 |
Renaissance Technologies
New York
|
+$29.4M |
| 4 |
Morgan Stanley
New York
|
+$28.5M |
| 5 |
JP Morgan Chase
New York
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$121M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$42M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.5M |
| 4 |
IIA
IPG Investment Advisors
San Diego,
California
|
-$18.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$16.8M |
FLEX Hedge Fund Activity: Q2 2019 in Review
322 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2019, worth a combined $4.68B — down 4.8% from $4.91B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FLEX positions and 52 closed out — a net gain of 2 holders — while 102 added to existing stakes and 103 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $53M. The largest seller was Wellington Management Group, cutting an estimated $121M.
- 322 institutional investors held Flex (FLEX) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $4.68B of Flex stock for Q2 2019, down 4.8% quarter-over-quarter.
- 54 funds opened new Flex positions in Q2 2019 and 52 closed out, a net change of +2 holders.
- The largest Flex buyer in Q2 2019 was Iridian Asset Management, an estimated $53M added.
- The largest Flex seller in Q2 2019 was Wellington Management Group, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2019.