Seagate
STX
672 hedge funds and large institutions have $13B invested in Seagate in 2020 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 174 increasing their positions, 255 reducing their positions, and 51 closing their positions.
182% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 51
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
23% more capital invested
Capital invested by funds: $10.6B → $13B (+$2.41B)
15% more funds holding
Funds holding: 584 → 672 (+88)
4.83% less ownership
Funds ownership: 84.16% → 79.33% (-4.8%)
32% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 255
41% less call options, than puts
Call options by funds: $254M | Put options by funds: $428M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$192M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$59.4M |
| 3 |
Morgan Stanley
New York
|
+$42.6M |
| 4 |
Millennium Management
New York
|
+$42.4M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$120M |
| 2 |
ClearBridge Investments
New York
|
-$113M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$90.1M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
-$79.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$71.4M |
STX Hedge Fund Activity: Q4 2020 in Review
672 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q4 2020, worth a combined $13B — up 23% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new STX positions and 51 closed out — a net gain of 93 holders — while 174 added to existing stakes and 255 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $192M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $120M sold.
- 672 institutional investors held Seagate (STX) as of Q4 2020, up from 584 in Q3 2020.
- Funds reported $13B of Seagate stock for Q4 2020, up 23% quarter-over-quarter.
- 144 funds opened new Seagate positions in Q4 2020 and 51 closed out, a net change of +93 holders.
- The largest Seagate buyer in Q4 2020 was JP Morgan Chase, an estimated $192M added.
- The largest Seagate seller in Q4 2020 was Renaissance Technologies, an estimated $120M sold.
Based on aggregated 13F filings for Q4 2020.