Flex
FLEX
441 hedge funds and large institutions have $11.8B invested in Flex in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 123 increasing their positions, 180 reducing their positions, and 55 closing their positions.
29% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 55
20% more capital invested
Capital invested by funds: $9.88B → $11.8B (+$1.96B)
3% more funds holding
Funds holding: 427 → 441 (+14)
2.23% more ownership
Funds ownership: 125.99% → 128.22% (+2.2%)
4% less funds holding in top 10
Funds holding in top 10: 26 → 25 (-1)
32% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 180
94% less call options, than puts
Call options by funds: $87.2M | Put options by funds: $1.35B
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$277M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$69.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$59.8M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$52.4M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$34.7M |
Top Sellers
| 1 |
BlackRock
New York
|
-$57.5M |
| 2 |
Primecap Management
Pasadena,
California
|
-$52.9M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$42.4M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$36.2M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$33.8M |
FLEX Hedge Fund Activity: Q2 2023 in Review
441 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q2 2023, worth a combined $11.8B — up 20% from $9.88B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FLEX positions and 55 closed out — a net gain of 16 holders — while 123 added to existing stakes and 180 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $277M. The largest seller was BlackRock, cutting an estimated $57.5M.
- 441 institutional investors held Flex (FLEX) as of Q2 2023, up from 427 in Q1 2023.
- Funds reported $11.8B of Flex stock for Q2 2023, up 20% quarter-over-quarter.
- 71 funds opened new Flex positions in Q2 2023 and 55 closed out, a net change of +16 holders.
- The largest Flex buyer in Q2 2023 was Fidelity Investments, an estimated $277M added.
- The largest Flex seller in Q2 2023 was BlackRock, an estimated $57.5M sold.
Based on aggregated 13F filings for Q2 2023.