Flex
FLEX
323 hedge funds and large institutions have $8.79B invested in Flex in 2020 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 86 increasing their positions, 92 reducing their positions, and 38 closing their positions.
150% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 38
143% more call options, than puts
Call options by funds: $117M | Put options by funds: $48.1M
100% more funds holding in top 10
Funds holding in top 10: 6 → 12 (+6)
62% more capital invested
Capital invested by funds: $5.42B → $8.79B (+$3.37B)
19% more funds holding
Funds holding: 271 → 323 (+52)
0.37% more ownership
Funds ownership: 129.12% → 129.49% (+0.37%)
7% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$132M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$73.5M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$44.9M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$40M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$149M |
| 2 |
Primecap Management
Pasadena,
California
|
-$67.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$44.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$42.6M |
| 5 |
BlackRock
New York
|
-$31.3M |
FLEX Hedge Fund Activity: Q4 2020 in Review
323 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q4 2020, worth a combined $8.79B — up 62% from $5.42B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new FLEX positions and 38 closed out — a net gain of 57 holders — while 86 added to existing stakes and 92 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $132M. The largest seller was Pzena Investment Management, cutting an estimated $149M.
- 323 institutional investors held Flex (FLEX) as of Q4 2020, up from 271 in Q3 2020.
- Funds reported $8.79B of Flex stock for Q4 2020, up 62% quarter-over-quarter.
- 95 funds opened new Flex positions in Q4 2020 and 38 closed out, a net change of +57 holders.
- The largest Flex buyer in Q4 2020 was Neuberger Berman Group, an estimated $132M added.
- The largest Flex seller in Q4 2020 was Pzena Investment Management, an estimated $149M sold.
Based on aggregated 13F filings for Q4 2020.