Flex
FLEX
285 hedge funds and large institutions have $4.97B invested in Flex in 2020 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 66 increasing their positions, 114 reducing their positions, and 64 closing their positions.
23% more capital invested
Capital invested by funds: $4.04B → $4.97B (+$932M)
2.31% more ownership
Funds ownership: 127.07% → 129.38% (+2.3%)
3% less funds holding
Funds holding: 294 → 285 (-9)
13% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 64
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
36% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $16.3M
42% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$151M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$144M |
| 3 |
Pzena Investment Management
New York
|
+$44.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$30.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$98.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$53.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$40.9M |
| 4 |
FAM
Fred Alger Management
New York
|
-$34.9M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$31.9M |
FLEX Hedge Fund Activity: Q2 2020 in Review
285 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2020, worth a combined $4.97B — up 23% from $4.04B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of FLEX and 56 opened new positions — a net loss of 8 holders — while 114 trimmed existing stakes and 66 added.
The largest buyer was Capital International Investors, adding an estimated $151M. The largest seller was Glenview Capital Management, exiting entirely with an estimated $98.4M sold.
- 285 institutional investors held Flex (FLEX) as of Q2 2020, down from 294 in Q1 2020.
- Funds reported $4.97B of Flex stock for Q2 2020, up 23% quarter-over-quarter.
- 56 funds opened new Flex positions in Q2 2020 and 64 closed out, a net change of -8 holders.
- The largest Flex buyer in Q2 2020 was Capital International Investors, an estimated $151M added.
- The largest Flex seller in Q2 2020 was Glenview Capital Management, an estimated $98.4M sold.
Based on aggregated 13F filings for Q2 2020.