Seagate
STX
538 hedge funds and large institutions have $10.2B invested in Seagate in 2017 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 226 increasing their positions, 176 reducing their positions, and 75 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 176
0.32% more ownership
Funds ownership: 88.47% → 88.78% (+0.32%)
3% less funds holding
Funds holding: 557 → 538 (-19)
15% less capital invested
Capital invested by funds: $12B → $10.2B (-$1.78B)
19% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 75
26% less call options, than puts
Call options by funds: $246M | Put options by funds: $332M
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$187M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$139M |
| 3 |
Janus Henderson Group
London,
|
+$116M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$100M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$112M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$98.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$92.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$72.5M |
| 5 |
Two Sigma Investments
New York
|
-$61.7M |
STX Hedge Fund Activity: Q2 2017 in Review
538 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q2 2017, worth a combined $10.2B — down 15% from $12B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of STX and 61 opened new positions — a net loss of 14 holders — while 176 trimmed existing stakes and 226 added.
The largest buyer was ValueAct Holdings, adding an estimated $187M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $112M sold.
- 538 institutional investors held Seagate (STX) as of Q2 2017, down from 557 in Q1 2017.
- Funds reported $10.2B of Seagate stock for Q2 2017, down 15% quarter-over-quarter.
- 61 funds opened new Seagate positions in Q2 2017 and 75 closed out, a net change of -14 holders.
- The largest Seagate buyer in Q2 2017 was ValueAct Holdings, an estimated $187M added.
- The largest Seagate seller in Q2 2017 was Arrowstreet Capital, an estimated $112M sold.
Based on aggregated 13F filings for Q2 2017.