Gentex
GNTX
305 hedge funds and large institutions have $3.63B invested in Gentex in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 111 increasing their positions, 122 reducing their positions, and 25 closing their positions.
14% more call options, than puts
Call options by funds: $3.19M | Put options by funds: $2.81M
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
0% less funds holding
Funds holding: 306 → 305 (-1)
9% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 122
6% less capital invested
Capital invested by funds: $3.86B → $3.63B (-$236M)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$23.9M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$20.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$11.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.02M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$48.1M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$33.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$14.7M |
| 4 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$10.4M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$9.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
326
Seven Eight Capital
New York
| – | -$3K | -210 | Closed |
|
327
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -200 | Closed |
|
|
SF
328
Synovus Financial
Columbus,
Georgia
| – | -$3K | -200 | Closed |
|
|
NC
329
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$3K | -168 | Closed |
|
|
EWM
330
Elite Wealth Management
Kirkland,
Washington
| – | -$1K | -58 | Closed |
|
GNTX Hedge Fund Activity: Q1 2014 in Review
305 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q1 2014, worth a combined $3.63B — down 6.1% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GNTX positions and 25 closed out — a net gain of 3 holders — while 111 added to existing stakes and 122 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $23.9M. The largest seller was Principal Financial Group, cutting an estimated $48.1M.
- 305 institutional investors held Gentex (GNTX) as of Q1 2014, down from 306 in Q4 2013.
- Funds reported $3.63B of Gentex stock for Q1 2014, down 6.1% quarter-over-quarter.
- 28 funds opened new Gentex positions in Q1 2014 and 25 closed out, a net change of +3 holders.
- The largest Gentex buyer in Q1 2014 was Adage Capital Partners, an estimated $23.9M added.
- The largest Gentex seller in Q1 2014 was Principal Financial Group, an estimated $48.1M sold.
Based on aggregated 13F filings for Q1 2014.