Flotek Industries
FTK
137 hedge funds and large institutions have $224M invested in Flotek Industries in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 24 reducing their positions, and 30 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 24
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 139 → 137 (-2)
2.12% less ownership
Funds ownership: 16.14% → 14.03% (-2.1%)
55% less capital invested
Capital invested by funds: $496M → $224M (-$271M)
65% less call options, than puts
Call options by funds: $1.9M | Put options by funds: $5.38M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.38M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.22M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$3.54M |
| 4 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$3.32M |
| 5 |
Citigroup
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$24.8M |
| 2 |
Millennium Management
New York
|
-$17.2M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$13M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.67M |
| 5 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$7.45M |
FTK Hedge Fund Activity: Q3 2017 in Review
137 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Flotek Industries (FTK) for Q3 2017, worth a combined $224M — down 55% from $496M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FTK and 28 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $9.38M. The largest seller was JP Morgan Chase, cutting an estimated $24.8M.
- 137 institutional investors held Flotek Industries (FTK) as of Q3 2017, down from 139 in Q2 2017.
- Funds reported $224M of Flotek Industries stock for Q3 2017, down 55% quarter-over-quarter.
- 28 funds opened new Flotek Industries positions in Q3 2017 and 30 closed out, a net change of -2 holders.
- The largest Flotek Industries buyer in Q3 2017 was Morgan Stanley, an estimated $9.38M added.
- The largest Flotek Industries seller in Q3 2017 was JP Morgan Chase, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2017.