Gentex
GNTX
531 hedge funds and large institutions have $7.45B invested in Gentex in 2024 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 185 increasing their positions, 188 reducing their positions, and 47 closing their positions.
57% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 47
12% more capital invested
Capital invested by funds: $6.68B → $7.45B (+$777M)
4% more funds holding
Funds holding: 510 → 531 (+21)
1.55% more ownership
Funds ownership: 87.64% → 89.19% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 188
77% less call options, than puts
Call options by funds: $3.54M | Put options by funds: $15.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$272M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$47.2M |
| 3 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$27.1M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$25.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$135M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$37.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$29.4M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$28.3M |
| 5 |
Two Sigma Advisers
New York
|
-$25.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
576
AssetMark Inc
Concord,
California
| – | -$3.46K | -106 | Closed |
|
|
GWS
577
Glassman Wealth Services
Vienna,
Virginia
| – | -$2.58K | -79 | Closed |
|
|
FMP
578
Financial Management Professionals
Austin,
Texas
| – | +$450 | +13 | New |
|
GNTX Hedge Fund Activity: Q1 2024 in Review
531 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q1 2024, worth a combined $7.45B — up 12% from $6.68B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new GNTX positions and 47 closed out — a net gain of 27 holders — while 185 added to existing stakes and 188 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $272M. The largest seller was Morgan Stanley, cutting an estimated $135M.
- 531 institutional investors held Gentex (GNTX) as of Q1 2024, up from 510 in Q4 2023.
- Funds reported $7.45B of Gentex stock for Q1 2024, up 12% quarter-over-quarter.
- 74 funds opened new Gentex positions in Q1 2024 and 47 closed out, a net change of +27 holders.
- The largest Gentex buyer in Q1 2024 was Wellington Management Group, an estimated $272M added.
- The largest Gentex seller in Q1 2024 was Morgan Stanley, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2024.