Flowserve
380 hedge funds and large institutions have $5.87B invested in Flowserve in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 118 increasing their positions, 137 reducing their positions, and 59 closing their positions.
14% more capital invested
Capital invested by funds: $5.14B → $5.87B (+$729M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 395 → 380 (-15)
4.1% less ownership
Funds ownership: 103.66% → 99.57% (-4.1%)
14% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 137
22% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 59
48% less call options, than puts
Call options by funds: $4.96M | Put options by funds: $9.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$19.2M |
| 2 |
PRO
Pensioenfonds Rail & OV
Utrecht,
Netherlands
|
+$17.5M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$13.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$12.2M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$8.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$89.1M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$32.6M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$32.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.7M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$22.4M |
FLS Hedge Fund Activity: Q1 2019 in Review
380 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Flowserve (FLS) for Q1 2019, worth a combined $5.87B — up 14% from $5.14B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of FLS and 46 opened new positions — a net loss of 13 holders — while 137 trimmed existing stakes and 118 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $19.2M. The largest seller was Causeway Capital Management, cutting an estimated $89.1M.
- 380 institutional investors held Flowserve (FLS) as of Q1 2019, down from 395 in Q4 2018.
- Funds reported $5.87B of Flowserve stock for Q1 2019, up 14% quarter-over-quarter.
- 46 funds opened new Flowserve positions in Q1 2019 and 59 closed out, a net change of -13 holders.
- The largest Flowserve buyer in Q1 2019 was Renaissance Technologies, an estimated $19.2M added.
- The largest Flowserve seller in Q1 2019 was Causeway Capital Management, an estimated $89.1M sold.
Based on aggregated 13F filings for Q1 2019.