Flex
FLEX
476 hedge funds and large institutions have $12B invested in Flex in 2023 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 150 increasing their positions, 174 reducing their positions, and 51 closing their positions.
92% more call options, than puts
Call options by funds: $95.4M | Put options by funds: $49.8M
69% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 51
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
8% more capital invested
Capital invested by funds: $11.1B → $12B (+$900M)
6% more funds holding
Funds holding: 448 → 476 (+28)
0.02% less ownership
Funds ownership: 122.36% → 122.34% (-0.02%)
14% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 174
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
+$170M |
| 2 |
JP Morgan Chase
New York
|
+$46.2M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$37.4M |
| 4 |
Two Sigma Investments
New York
|
+$35.7M |
| 5 |
Janus Henderson Group
London,
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$146M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$136M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$66.7M |
| 4 |
Pzena Investment Management
New York
|
-$59.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$47.1M |
FLEX Hedge Fund Activity: Q4 2023 in Review
476 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Flex (FLEX) for Q4 2023, worth a combined $12B — up 8.1% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FLEX positions and 51 closed out — a net gain of 35 holders — while 150 added to existing stakes and 174 trimmed.
The largest buyer was Sachem Head Capital Management, adding an estimated $170M. The largest seller was BlackRock, cutting an estimated $146M.
- 476 institutional investors held Flex (FLEX) as of Q4 2023, up from 448 in Q3 2023.
- Funds reported $12B of Flex stock for Q4 2023, up 8.1% quarter-over-quarter.
- 86 funds opened new Flex positions in Q4 2023 and 51 closed out, a net change of +35 holders.
- The largest Flex buyer in Q4 2023 was Sachem Head Capital Management, an estimated $170M added.
- The largest Flex seller in Q4 2023 was BlackRock, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2023.