Flex
FLEX
448 hedge funds and large institutions have $11.1B invested in Flex in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 141 increasing their positions, 173 reducing their positions, and 42 closing their positions.
74% more call options, than puts
Call options by funds: $83.4M | Put options by funds: $48M
24% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 42
2% more funds holding
Funds holding: 440 → 448 (+8)
5.86% less ownership
Funds ownership: 128.22% → 122.36% (-5.9%)
6% less capital invested
Capital invested by funds: $11.8B → $11.1B (-$711M)
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-3)
18% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$142M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$25.7M |
| 3 |
Janus Henderson Group
London,
|
+$24.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24.3M |
| 5 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$149M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
-$68M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$54.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$51.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$33M |
FLEX Hedge Fund Activity: Q3 2023 in Review
448 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q3 2023, worth a combined $11.1B — down 6% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new FLEX positions and 42 closed out — a net gain of 10 holders — while 141 added to existing stakes and 173 trimmed.
The largest buyer was Nuveen, adding an estimated $142M. The largest seller was AllianceBernstein, cutting an estimated $149M.
- 448 institutional investors held Flex (FLEX) as of Q3 2023, up from 440 in Q2 2023.
- Funds reported $11.1B of Flex stock for Q3 2023, down 6% quarter-over-quarter.
- 52 funds opened new Flex positions in Q3 2023 and 42 closed out, a net change of +10 holders.
- The largest Flex buyer in Q3 2023 was Nuveen, an estimated $142M added.
- The largest Flex seller in Q3 2023 was AllianceBernstein, an estimated $149M sold.
Based on aggregated 13F filings for Q3 2023.