Flex
FLEX
427 hedge funds and large institutions have $9.9B invested in Flex in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 134 increasing their positions, 147 reducing their positions, and 60 closing their positions.
225% more call options, than puts
Call options by funds: $96.8M | Put options by funds: $29.8M
37% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 60
3% more funds holding
Funds holding: 414 → 427 (+13)
3% more capital inflows, than outflows
Capital inflows: $1.3B | Capital outflows: $1.27B
0.14% more ownership
Funds ownership: 94.81% → 94.94% (+0.14%)
9% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 147
19% less funds holding in top 10
Funds holding in top 10: 32 → 26 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$248M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$73.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$56.5M |
| 4 |
Park West Asset Management
San Francisco,
California
|
+$55.8M |
| 5 |
Scout Investments
Kansas City,
Missouri
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$115M |
| 2 |
Sachem Head Capital Management
New York
|
-$103M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$97.6M |
| 4 |
Jericho Capital Asset Management
New York
|
-$75.4M |
| 5 |
Electron Capital Partners
New York
|
-$70.7M |
FLEX Hedge Fund Activity: Q1 2023 in Review
427 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q1 2023, worth a combined $9.9B — up 7.8% from $9.16B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new FLEX positions and 60 closed out — a net gain of 22 holders — while 134 added to existing stakes and 147 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $248M. The largest seller was Victory Capital Management, cutting an estimated $115M.
- 427 institutional investors held Flex (FLEX) as of Q1 2023, up from 414 in Q4 2022.
- Funds reported $9.9B of Flex stock for Q1 2023, up 7.8% quarter-over-quarter.
- 82 funds opened new Flex positions in Q1 2023 and 60 closed out, a net change of +22 holders.
- The largest Flex buyer in Q1 2023 was Fidelity Investments, an estimated $248M added.
- The largest Flex seller in Q1 2023 was Victory Capital Management, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2023.