Seagate
STX
670 hedge funds and large institutions have $12.1B invested in Seagate in 2023 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 220 increasing their positions, 211 reducing their positions, and 67 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
61% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 67
30% more capital invested
Capital invested by funds: $9.32B → $12.1B (+$2.8B)
4% more funds holding
Funds holding: 642 → 670 (+28)
2.23% more ownership
Funds ownership: 86.47% → 88.7% (+2.2%)
4% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 211
5% less call options, than puts
Call options by funds: $327M | Put options by funds: $343M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$236M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
+$218M |
| 3 |
BlackRock
New York
|
+$169M |
| 4 |
JP Morgan Chase
New York
|
+$57.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$52.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$130M |
| 2 |
Renaissance Technologies
New York
|
-$96.7M |
| 3 |
ClearBridge Investments
New York
|
-$88.7M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$56.9M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$43.6M |
STX Hedge Fund Activity: Q1 2023 in Review
670 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q1 2023, worth a combined $12.1B — up 30% from $9.32B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new STX positions and 67 closed out — a net gain of 41 holders — while 220 added to existing stakes and 211 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $236M. The largest seller was Fidelity International, cutting an estimated $130M.
- 670 institutional investors held Seagate (STX) as of Q1 2023, up from 642 in Q4 2022.
- Funds reported $12.1B of Seagate stock for Q1 2023, up 30% quarter-over-quarter.
- 108 funds opened new Seagate positions in Q1 2023 and 67 closed out, a net change of +41 holders.
- The largest Seagate buyer in Q1 2023 was Wellington Management Group, an estimated $236M added.
- The largest Seagate seller in Q1 2023 was Fidelity International, an estimated $130M sold.
Based on aggregated 13F filings for Q1 2023.