Seagate
STX
481 hedge funds and large institutions have $10.4B invested in Seagate in 2016 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 142 increasing their positions, 173 reducing their positions, and 47 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
106% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 47
68% more capital invested
Capital invested by funds: $6.16B → $10.4B (+$4.21B)
10% more funds holding
Funds holding: 436 → 481 (+45)
3.34% more ownership
Funds ownership: 52.15% → 55.5% (+3.3%)
18% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 173
31% less call options, than puts
Call options by funds: $287M | Put options by funds: $416M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$212M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$203M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$137M |
| 4 |
Millennium Management
New York
|
+$84.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$68.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$144M |
| 2 |
Goldman Sachs
New York
|
-$133M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$52.8M |
| 5 |
ClearBridge Investments
New York
|
-$43.5M |
STX Hedge Fund Activity: Q3 2016 in Review
481 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q3 2016, worth a combined $10.4B — up 68% from $6.16B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new STX positions and 47 closed out — a net gain of 50 holders — while 142 added to existing stakes and 173 trimmed.
The largest buyer was ValueAct Holdings, adding an estimated $212M. The largest seller was Pzena Investment Management, cutting an estimated $144M.
- 481 institutional investors held Seagate (STX) as of Q3 2016, up from 436 in Q2 2016.
- Funds reported $10.4B of Seagate stock for Q3 2016, up 68% quarter-over-quarter.
- 97 funds opened new Seagate positions in Q3 2016 and 47 closed out, a net change of +50 holders.
- The largest Seagate buyer in Q3 2016 was ValueAct Holdings, an estimated $212M added.
- The largest Seagate seller in Q3 2016 was Pzena Investment Management, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2016.