Flex
FLEX
271 hedge funds and large institutions have $5.43B invested in Flex in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 75 increasing their positions, 99 reducing their positions, and 42 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $4.96B → $5.43B (+$469M)
0.21% less ownership
Funds ownership: 129.57% → 129.36% (-0.21%)
5% less funds holding
Funds holding: 285 → 271 (-14)
24% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 99
29% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 42
31% less call options, than puts
Call options by funds: $9.2M | Put options by funds: $13.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$66.2M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$60.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$44.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$32.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$26.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$20.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$18.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$17M |
FLEX Hedge Fund Activity: Q3 2020 in Review
271 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2020, worth a combined $5.43B — up 9.4% from $4.96B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FLEX and 30 opened new positions — a net loss of 12 holders — while 99 trimmed existing stakes and 75 added.
The largest buyer was Sound Shore Management, opening a new position worth an estimated $66.2M. The largest seller was Primecap Management, cutting an estimated $32.8M.
- 271 institutional investors held Flex (FLEX) as of Q3 2020, down from 285 in Q2 2020.
- Funds reported $5.43B of Flex stock for Q3 2020, up 9.4% quarter-over-quarter.
- 30 funds opened new Flex positions in Q3 2020 and 42 closed out, a net change of -12 holders.
- The largest Flex buyer in Q3 2020 was Sound Shore Management, an estimated $66.2M added.
- The largest Flex seller in Q3 2020 was Primecap Management, an estimated $32.8M sold.
Based on aggregated 13F filings for Q3 2020.