Seagate
STX
436 hedge funds and large institutions have $6.16B invested in Seagate in 2016 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 180 increasing their positions, 137 reducing their positions, and 99 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 137
0.13% more ownership
Funds ownership: 52.02% → 52.15% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 481 → 436 (-45)
29% less capital invested
Capital invested by funds: $8.61B → $6.16B (-$2.45B)
30% less call options, than puts
Call options by funds: $221M | Put options by funds: $314M
37% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$171M |
| 2 |
Pzena Investment Management
New York
|
+$138M |
| 3 |
Goldman Sachs
New York
|
+$120M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
+$72.7M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$46.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$83.2M |
| 2 |
Bank of New York Mellon
New York
|
-$76.8M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$70.6M |
| 4 |
First Eagle Investment Management
New York
|
-$70.5M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$54.7M |
STX Hedge Fund Activity: Q2 2016 in Review
436 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q2 2016, worth a combined $6.16B — down 29% from $8.61B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of STX and 62 opened new positions — a net loss of 37 holders — while 137 trimmed existing stakes and 180 added.
The largest buyer was Wellington Management Group, adding an estimated $171M. The largest seller was Iridian Asset Management, cutting an estimated $83.2M.
- 436 institutional investors held Seagate (STX) as of Q2 2016, down from 481 in Q1 2016.
- Funds reported $6.16B of Seagate stock for Q2 2016, down 29% quarter-over-quarter.
- 62 funds opened new Seagate positions in Q2 2016 and 99 closed out, a net change of -37 holders.
- The largest Seagate buyer in Q2 2016 was Wellington Management Group, an estimated $171M added.
- The largest Seagate seller in Q2 2016 was Iridian Asset Management, an estimated $83.2M sold.
Based on aggregated 13F filings for Q2 2016.