Gen Digital
491 hedge funds and large institutions have $12.1B invested in Gen Digital in 2018 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 195 increasing their positions, 150 reducing their positions, and 48 closing their positions.
40% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 48
30% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 150
3% more funds holding
Funds holding: 477 → 491 (+14)
1% more capital invested
Capital invested by funds: $11.9B → $12.1B (+$167M)
1.74% less ownership
Funds ownership: 93.05% → 91.31% (-1.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less call options, than puts
Call options by funds: $164M | Put options by funds: $300M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$499M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$213M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$128M |
| 4 |
Two Sigma Investments
New York
|
+$111M |
| 5 |
Two Sigma Advisers
New York
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$526M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$357M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$238M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$216M |
| 5 |
Millennium Management
New York
|
-$99.6M |
GEN Hedge Fund Activity: Q3 2018 in Review
491 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Gen Digital (GEN) for Q3 2018, worth a combined $12.1B — up 1.4% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new GEN positions and 48 closed out — a net gain of 19 holders — while 195 added to existing stakes and 150 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $499M. The largest seller was Orbis Allan Gray, cutting an estimated $526M.
- 491 institutional investors held Gen Digital (GEN) as of Q3 2018, up from 477 in Q2 2018.
- Funds reported $12.1B of Gen Digital stock for Q3 2018, up 1.4% quarter-over-quarter.
- 67 funds opened new Gen Digital positions in Q3 2018 and 48 closed out, a net change of +19 holders.
- The largest Gen Digital buyer in Q3 2018 was Starboard Value, an estimated $499M added.
- The largest Gen Digital seller in Q3 2018 was Orbis Allan Gray, an estimated $526M sold.
Based on aggregated 13F filings for Q3 2018.