Gentex
GNTX
319 hedge funds and large institutions have $3.3B invested in Gentex in 2014 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 130 increasing their positions, 108 reducing their positions, and 37 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 108
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
1% less funds holding
Funds holding: 323 → 319 (-4)
6% less capital invested
Capital invested by funds: $3.5B → $3.3B (-$204M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
56% less call options, than puts
Call options by funds: $925K | Put options by funds: $2.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
+$65.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$55.2M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$25.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$19.7M |
| 5 |
RA
Royce & Associates
New York
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$23.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$21.2M |
| 3 |
Neuberger Berman Group
New York
|
-$19.3M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$17.8M |
| 5 |
Renaissance Technologies
New York
|
-$17.4M |
GNTX Hedge Fund Activity: Q3 2014 in Review
319 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q3 2014, worth a combined $3.3B — down 5.8% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of GNTX and 36 opened new positions — a net loss of 1 holder — while 108 trimmed existing stakes and 130 added.
The largest buyer was Scharf Investments, opening a new position worth an estimated $65.8M. The largest seller was Norges Bank, cutting an estimated $23.4M.
- 319 institutional investors held Gentex (GNTX) as of Q3 2014, down from 323 in Q2 2014.
- Funds reported $3.3B of Gentex stock for Q3 2014, down 5.8% quarter-over-quarter.
- 36 funds opened new Gentex positions in Q3 2014 and 37 closed out, a net change of -1 holder.
- The largest Gentex buyer in Q3 2014 was Scharf Investments, an estimated $65.8M added.
- The largest Gentex seller in Q3 2014 was Norges Bank, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2014.