Fly Leasing Limited
FLY
FLY was delisted on the 2nd of August, 2021.
75 hedge funds and large institutions have $256M invested in Fly Leasing Limited in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 26 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
14% more capital invested
Capital invested by funds: $224M → $256M (+$31.5M)
7% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $5.09M
12% less funds holding
Funds holding: 85 → 75 (-10)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$47.1M |
| 2 |
Millennium Management
New York
|
+$11.3M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$6.99M |
| 4 |
SAM
Silphium Asset Management
London,
United Kingdom
|
+$6.46M |
| 5 |
E
Ergoteles
New York
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$17.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.5M |
| 3 |
Morgan Stanley
New York
|
-$15.7M |
| 4 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$6.1M |
| 5 |
WIC
Water Island Capital
New York
|
-$5.8M |
FLY Hedge Fund Activity: Q2 2021 in Review
75 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Fly Leasing Limited (FLY) for Q2 2021, worth a combined $256M — up 14% from $224M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FLY and 17 opened new positions — a net loss of 9 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was Glazer Capital LLC, adding an estimated $47.1M. The largest seller was Donald Smith & Co, cutting an estimated $17.9M.
- 75 institutional investors held Fly Leasing Limited (FLY) as of Q2 2021, down from 85 in Q1 2021.
- Funds reported $256M of Fly Leasing Limited stock for Q2 2021, up 14% quarter-over-quarter.
- 17 funds opened new Fly Leasing Limited positions in Q2 2021 and 26 closed out, a net change of -9 holders.
- The largest Fly Leasing Limited buyer in Q2 2021 was Glazer Capital LLC, an estimated $47.1M added.
- The largest Fly Leasing Limited seller in Q2 2021 was Donald Smith & Co, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2021.