Flotek Industries
FTK
140 hedge funds and large institutions have $381M invested in Flotek Industries in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 35 reducing their positions, and 28 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 35
1.04% less ownership
Funds ownership: 16.83% → 15.79% (-1%)
7% less funds holding
Funds holding: 150 → 140 (-10)
21% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $2.71M
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
38% less capital invested
Capital invested by funds: $616M → $381M (-$235M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$28.3M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$8.77M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.69M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.87M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
-$32.8M |
| 2 |
JG
Jefferies Group
New York
|
-$13.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.23M |
| 5 |
Millennium Management
New York
|
-$4.25M |
FTK Hedge Fund Activity: Q1 2016 in Review
140 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Flotek Industries (FTK) for Q1 2016, worth a combined $381M — down 38% from $616M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FTK and 18 opened new positions — a net loss of 10 holders — while 35 trimmed existing stakes and 57 added.
The largest buyer was Gates Capital Management, adding an estimated $28.3M. The largest seller was Praesidium Investment Management Company, exiting entirely with an estimated $32.8M sold.
- 140 institutional investors held Flotek Industries (FTK) as of Q1 2016, down from 150 in Q4 2015.
- Funds reported $381M of Flotek Industries stock for Q1 2016, down 38% quarter-over-quarter.
- 18 funds opened new Flotek Industries positions in Q1 2016 and 28 closed out, a net change of -10 holders.
- The largest Flotek Industries buyer in Q1 2016 was Gates Capital Management, an estimated $28.3M added.
- The largest Flotek Industries seller in Q1 2016 was Praesidium Investment Management Company, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2016.