Flex
FLEX
333 hedge funds and large institutions have $8.73B invested in Flex in 2021 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 121 increasing their positions, 102 reducing their positions, and 49 closing their positions.
39% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $24.6M
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
19% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 102
3% more funds holding
Funds holding: 323 → 333 (+10)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
3% less capital invested
Capital invested by funds: $9B → $8.73B (-$275M)
3.35% less ownership
Funds ownership: 129.8% → 126.45% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$130M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$39.5M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$38.4M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$34.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$313M |
| 2 |
Primecap Management
Pasadena,
California
|
-$85.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$64.2M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$52.7M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
-$46.9M |
FLEX Hedge Fund Activity: Q1 2021 in Review
333 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2021, worth a combined $8.73B — down 3.1% from $9B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new FLEX positions and 49 closed out — a net gain of 12 holders — while 121 added to existing stakes and 102 trimmed.
The largest buyer was Millennium Management, adding an estimated $130M. The largest seller was Wellington Management Group, cutting an estimated $313M.
- 333 institutional investors held Flex (FLEX) as of Q1 2021, up from 323 in Q4 2020.
- Funds reported $8.73B of Flex stock for Q1 2021, down 3.1% quarter-over-quarter.
- 61 funds opened new Flex positions in Q1 2021 and 49 closed out, a net change of +12 holders.
- The largest Flex buyer in Q1 2021 was Millennium Management, an estimated $130M added.
- The largest Flex seller in Q1 2021 was Wellington Management Group, an estimated $313M sold.
Based on aggregated 13F filings for Q1 2021.