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Gen Digital

538 hedge funds and large institutions have $11.7B invested in Gen Digital in 2024 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 200 increasing their positions, 205 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 58

0.77% more ownership

Funds ownership: 81.65%82.42% (+0.77%)

1% less call options, than puts

Call options by funds: $27.3M | Put options by funds: $27.6M

2% less capital invested

Capital invested by funds: $11.9B → $11.7B (-$200M)

2% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 205

1% less funds holding

Funds holding: 545538 (-7)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
538
Holders Change
-7
Holders Change %
-1.28%
% of All Funds
7.75%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.07%
New
59
Increased
200
Reduced
205
Closed
58
Calls
$27.3M
Puts
$27.6M
Net Calls
-$320K
Net Calls Change
-$23.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.51B -$7.77M -350,272 -0.5%
BlackRock
2
BlackRock
New York
$1.34B -$2.95M -133,117 -0.2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$973M +$183M +8,261,200 +23%
State Street
4
State Street
Massachusetts
$651M -$13.9M -627,766 -2%
Ameriprise
5
Ameriprise
Minnesota
$452M +$60.5M +2,730,661 +16%
SV
6
Starboard Value
New York
$417M
AllianceBernstein
7
AllianceBernstein
Tennessee
$391M -$9.56M -431,244 -2%
BGC
8
Beutel, Goodman & Co
Ontario, Canada
$353M +$58.5M +2,637,647 +20%
Boston Partners
9
Boston Partners
Massachusetts
$338M -$56.7M -2,557,857 -15%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$309M +$11.5M +516,989 +4%
First Trust Advisors
11
First Trust Advisors
Illinois
$276M +$54.3M +2,447,592 +25%
N
12
Nuveen
North Carolina
$258M +$46.6M +2,103,407 +22%
Invesco
13
Invesco
Georgia
$249M +$57M +2,570,693 +30%
Franklin Resources
14
Franklin Resources
California
$220M -$31.8M -1,433,621 -13%
Legal & General Group
15
Legal & General Group
United Kingdom
$217M -$20.6M -930,174 -9%
LAM
16
Lyrical Asset Management
New York
$201M +$6.93M +312,663 +4%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$175M +$23M +1,038,415 +15%
Pictet Asset Management
18
Pictet Asset Management
Switzerland
$151M +$12M +543,116 +9%
Northern Trust
19
Northern Trust
Illinois
$119M -$4.65M -209,729 -4%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$118M -$805K -36,312 -0.7%
LSV Asset Management
21
LSV Asset Management
Illinois
$112M +$8.35M +376,800 +8%
Morgan Stanley
22
Morgan Stanley
New York
$109M -$76.4M -3,445,417 -42%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$108M -$371K -16,744 -0.3%
PWAM
24
Park West Asset Management
California
$98.2M -$2.88M -130,000 -3%
CS
25
Credit Suisse
Switzerland
$88.3M -$3.72M -167,795 -4%

GEN Hedge Fund Activity: Q1 2024 in Review

538 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gen Digital (GEN) for Q1 2024, worth a combined $11.7B — down 1.7% from $11.9B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new GEN positions and 58 closed out — a net gain of 1 holder — while 200 added to existing stakes and 205 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $183M. The largest seller was Holocene Advisors, exiting entirely with an estimated $180M sold.

  • 538 institutional investors held Gen Digital (GEN) as of Q1 2024, down from 545 in Q4 2023.
  • Funds reported $11.7B of Gen Digital stock for Q1 2024, down 1.7% quarter-over-quarter.
  • 59 funds opened new Gen Digital positions in Q1 2024 and 58 closed out, a net change of +1 holder.
  • The largest Gen Digital buyer in Q1 2024 was Fidelity Investments, an estimated $183M added.
  • The largest Gen Digital seller in Q1 2024 was Holocene Advisors, an estimated $180M sold.

Based on aggregated 13F filings for Q1 2024.