Gentex
GNTX
419 hedge funds and large institutions have $4.38B invested in Gentex in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 126 increasing their positions, 170 reducing their positions, and 28 closing their positions.
86% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 28
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
12% more capital invested
Capital invested by funds: $3.91B → $4.38B (+$473M)
4% more funds holding
Funds holding: 403 → 419 (+16)
26% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 170
87% less call options, than puts
Call options by funds: $3.18M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
American Capital Management
New York
|
+$40.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.5M |
| 3 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
+$16.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$14.9M |
| 5 |
Morgan Stanley
New York
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$41.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$41M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$28.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.9M |
| 5 |
SI
Scharf Investments
Los Gatos,
California
|
-$18.6M |
GNTX Hedge Fund Activity: Q3 2016 in Review
419 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Gentex (GNTX) for Q3 2016, worth a combined $4.38B — up 12% from $3.91B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new GNTX positions and 28 closed out — a net gain of 24 holders — while 126 added to existing stakes and 170 trimmed.
The largest buyer was American Capital Management, opening a new position worth an estimated $40.5M. The largest seller was Creative Planning, cutting an estimated $41.4M.
- 419 institutional investors held Gentex (GNTX) as of Q3 2016, up from 403 in Q2 2016.
- Funds reported $4.38B of Gentex stock for Q3 2016, up 12% quarter-over-quarter.
- 52 funds opened new Gentex positions in Q3 2016 and 28 closed out, a net change of +24 holders.
- The largest Gentex buyer in Q3 2016 was American Capital Management, an estimated $40.5M added.
- The largest Gentex seller in Q3 2016 was Creative Planning, an estimated $41.4M sold.
Based on aggregated 13F filings for Q3 2016.