Seagate
STX
595 hedge funds and large institutions have $12.3B invested in Seagate in 2018 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 238 increasing their positions, 187 reducing their positions, and 71 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 187
5.69% more ownership
Funds ownership: 84.78% → 90.48% (+5.7%)
1% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 71
1% less funds holding
Funds holding: 599 → 595 (-4)
10% less capital invested
Capital invested by funds: $13.7B → $12.3B (-$1.39B)
49% less call options, than puts
Call options by funds: $213M | Put options by funds: $415M
64% less funds holding in top 10
Funds holding in top 10: 11 → 4 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$293M |
| 2 |
VH
ValueAct Holdings
San Francisco,
California
|
+$213M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$130M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$67.8M |
| 5 |
JP Morgan Chase
New York
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.5M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$62.4M |
| 3 |
ClearBridge Investments
New York
|
-$31.9M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$22.7M |
| 5 |
Millennium Management
New York
|
-$21.1M |
STX Hedge Fund Activity: Q3 2018 in Review
595 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q3 2018, worth a combined $12.3B — down 10% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new STX positions and 71 closed out — a net gain of 1 holder — while 238 added to existing stakes and 187 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), opening a new position worth an estimated $293M. The largest seller was Fidelity Investments, cutting an estimated $93.5M.
- 595 institutional investors held Seagate (STX) as of Q3 2018, down from 599 in Q2 2018.
- Funds reported $12.3B of Seagate stock for Q3 2018, down 10% quarter-over-quarter.
- 72 funds opened new Seagate positions in Q3 2018 and 71 closed out, a net change of +1 holder.
- The largest Seagate buyer in Q3 2018 was Skandinaviska Enskilda Banken (SEB), an estimated $293M added.
- The largest Seagate seller in Q3 2018 was Fidelity Investments, an estimated $93.5M sold.
Based on aggregated 13F filings for Q3 2018.