Netflix
NFLX
391 hedge funds and large institutions have $16.9B invested in Netflix in 2013 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 146 increasing their positions, 132 reducing their positions, and 32 closing their positions.
131% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 32
50% more capital invested
Capital invested by funds: $11.3B → $16.9B (+$5.6B)
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
11% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 132
10% more funds holding
Funds holding: 354 → 391 (+37)
2% less call options, than puts
Call options by funds: $2.15B | Put options by funds: $2.18B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VII
Menlo Park,
California
|
+$508M |
| 2 |
Jennison Associates
New York
|
+$107M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$106M |
| 4 |
Two Sigma Investments
New York
|
+$103M |
| 5 |
JP Morgan Chase
New York
|
+$94.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$292M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$153M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$148M |
| 4 |
SIM
SRS Investment Management
New York
|
-$63.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$59.5M |
NFLX Hedge Fund Activity: Q3 2013 in Review
391 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Netflix (NFLX) for Q3 2013, worth a combined $16.9B — up 50% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new NFLX positions and 32 closed out — a net gain of 42 holders — while 146 added to existing stakes and 132 trimmed.
The largest buyer was Technology Crossover Management VII, opening a new position worth an estimated $508M. The largest seller was T. Rowe Price Associates, cutting an estimated $292M.
- 391 institutional investors held Netflix (NFLX) as of Q3 2013, up from 354 in Q2 2013.
- Funds reported $16.9B of Netflix stock for Q3 2013, up 50% quarter-over-quarter.
- 74 funds opened new Netflix positions in Q3 2013 and 32 closed out, a net change of +42 holders.
- The largest Netflix buyer in Q3 2013 was Technology Crossover Management VII, an estimated $508M added.
- The largest Netflix seller in Q3 2013 was T. Rowe Price Associates, an estimated $292M sold.
Based on aggregated 13F filings for Q3 2013.