Gen Digital
519 hedge funds and large institutions have $19.4B invested in Gen Digital in 2017 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 155 increasing their positions, 202 reducing their positions, and 56 closing their positions.
53% more call options, than puts
Call options by funds: $311M | Put options by funds: $204M
21% more capital invested
Capital invested by funds: $16B → $19.4B (+$3.37B)
11% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 56
2.95% more ownership
Funds ownership: 93.33% → 96.29% (+3%)
0% more funds holding
Funds holding: 519 → 519 (0)
23% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 202
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.03B |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$218M |
| 3 |
SIM
SRS Investment Management
New York
|
+$212M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$209M |
| 5 |
CGI
CI Global Investments
Oakland,
California
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$596M |
| 2 |
Coatue Management
New York
|
-$303M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$208M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$119M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
GEN Hedge Fund Activity: Q3 2017 in Review
519 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gen Digital (GEN) for Q3 2017, worth a combined $19.4B — up 21% from $16B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new GEN positions and 56 closed out — a net gain of 6 holders — while 155 added to existing stakes and 202 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $2.03B. The largest seller was Lone Pine Capital, exiting entirely with an estimated $596M sold.
- 519 institutional investors held Gen Digital (GEN) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $19.4B of Gen Digital stock for Q3 2017, up 21% quarter-over-quarter.
- 62 funds opened new Gen Digital positions in Q3 2017 and 56 closed out, a net change of +6 holders.
- The largest Gen Digital buyer in Q3 2017 was T. Rowe Price Associates, an estimated $2.03B added.
- The largest Gen Digital seller in Q3 2017 was Lone Pine Capital, an estimated $596M sold.
Based on aggregated 13F filings for Q3 2017.