Gentex
GNTX
417 hedge funds and large institutions have $5.14B invested in Gentex in 2017 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 128 increasing their positions, 171 reducing their positions, and 33 closing their positions.
64% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 33
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
7% more capital invested
Capital invested by funds: $4.82B → $5.14B (+$318M)
4% more funds holding
Funds holding: 402 → 417 (+15)
1.21% less ownership
Funds ownership: 85.49% → 84.28% (-1.2%)
25% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 171
88% less call options, than puts
Call options by funds: $2.59M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$484M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$32.8M |
| 3 |
Nomura Asset Management
Tokyo,
Japan
|
+$31.5M |
| 4 |
PIM
Provident Investment Management
Novi,
Michigan
|
+$23.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$38.4M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$35.6M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$31.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$26.6M |
| 5 |
RA
Royce & Associates
New York
|
-$23.3M |
GNTX Hedge Fund Activity: Q1 2017 in Review
417 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q1 2017, worth a combined $5.14B — up 6.6% from $4.82B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new GNTX positions and 33 closed out — a net gain of 21 holders — while 128 added to existing stakes and 171 trimmed.
The largest buyer was BlackRock, adding an estimated $484M. The largest seller was Riverbridge Partners, cutting an estimated $38.4M.
- 417 institutional investors held Gentex (GNTX) as of Q1 2017, up from 402 in Q4 2016.
- Funds reported $5.14B of Gentex stock for Q1 2017, up 6.6% quarter-over-quarter.
- 54 funds opened new Gentex positions in Q1 2017 and 33 closed out, a net change of +21 holders.
- The largest Gentex buyer in Q1 2017 was BlackRock, an estimated $484M added.
- The largest Gentex seller in Q1 2017 was Riverbridge Partners, an estimated $38.4M sold.
Based on aggregated 13F filings for Q1 2017.