Flotek Industries
FTK
88 hedge funds and large institutions have $38.4M invested in Flotek Industries in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 37 closing their positions.
53% more call options, than puts
Call options by funds: $52K | Put options by funds: $34K
2.24% less ownership
Funds ownership: 12.54% → 10.3% (-2.2%)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
19% less funds holding
Funds holding: 109 → 88 (-21)
54% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 37
63% less capital invested
Capital invested by funds: $103M → $38.4M (-$64.4M)
Top Buyers
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$2.21M |
| 2 |
Millennium Management
New York
|
+$1.93M |
| 3 |
JP Morgan Chase
New York
|
+$1.29M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.15M |
| 5 |
D.E. Shaw & Co
New York
|
+$820K |
Top Sellers
| 1 |
BlackRock
New York
|
-$6.74M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.8M |
| 3 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
-$2.76M |
| 4 |
GCM
Gates Capital Management
New York
|
-$2.49M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$1.45M |
FTK Hedge Fund Activity: Q4 2018 in Review
88 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Flotek Industries (FTK) for Q4 2018, worth a combined $38.4M — down 63% from $103M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of FTK and 17 opened new positions — a net loss of 20 holders — while 28 trimmed existing stakes and 24 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $2.21M. The largest seller was BlackRock, cutting an estimated $6.74M.
- 88 institutional investors held Flotek Industries (FTK) as of Q4 2018, down from 109 in Q3 2018.
- Funds reported $38.4M of Flotek Industries stock for Q4 2018, down 63% quarter-over-quarter.
- 17 funds opened new Flotek Industries positions in Q4 2018 and 37 closed out, a net change of -20 holders.
- The largest Flotek Industries buyer in Q4 2018 was Rutabaga Capital Management, an estimated $2.21M added.
- The largest Flotek Industries seller in Q4 2018 was BlackRock, an estimated $6.74M sold.
Based on aggregated 13F filings for Q4 2018.