Gentex
GNTX
402 hedge funds and large institutions have $4.82B invested in Gentex in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 130 increasing their positions, 157 reducing their positions, and 52 closing their positions.
85.49% more ownership
Funds ownership: 0% → 85.49% (+85%)
11% more capital invested
Capital invested by funds: $4.33B → $4.82B (+$489M)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
4% less funds holding
Funds holding: 418 → 402 (-16)
17% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 157
17% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 52
77% less call options, than puts
Call options by funds: $3.63M | Put options by funds: $15.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$37M |
| 2 |
Goldman Sachs
New York
|
+$31.1M |
| 3 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
+$24.6M |
| 4 |
SI
Scharf Investments
Los Gatos,
California
|
+$18.7M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$46.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$29M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.7M |
| 5 |
Bank of New York Mellon
New York
|
-$12.9M |
GNTX Hedge Fund Activity: Q4 2016 in Review
402 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q4 2016, worth a combined $4.82B — up 11% from $4.33B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of GNTX and 43 opened new positions — a net loss of 9 holders — while 157 trimmed existing stakes and 130 added.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $37M. The largest seller was Invesco, cutting an estimated $46.9M.
- 402 institutional investors held Gentex (GNTX) as of Q4 2016, down from 418 in Q3 2016.
- Funds reported $4.82B of Gentex stock for Q4 2016, up 11% quarter-over-quarter.
- 43 funds opened new Gentex positions in Q4 2016 and 52 closed out, a net change of -9 holders.
- The largest Gentex buyer in Q4 2016 was Alyeska Investment Group, an estimated $37M added.
- The largest Gentex seller in Q4 2016 was Invesco, an estimated $46.9M sold.
Based on aggregated 13F filings for Q4 2016.