Seagate
STX
673 hedge funds and large institutions have $12.7B invested in Seagate in 2020 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 176 increasing their positions, 254 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)
19% more capital invested
Capital invested by funds: $10.6B → $12.7B (+$2.05B)
15% more funds holding
Funds holding: 585 → 673 (+88)
4.62% less ownership
Funds ownership: 83.94% → 79.32% (-4.6%)
31% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 254
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 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$36.6M |
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
673 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Seagate (STX) for Q4 2020, worth a combined $12.7B — up 19% 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 176 added to existing stakes and 254 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.
- 673 institutional investors held Seagate (STX) as of Q4 2020, up from 585 in Q3 2020.
- Funds reported $12.7B of Seagate stock for Q4 2020, up 19% 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.