Flex Ltd.

FLEX • NASDAQ

Flex Ltd. is a hardware, equipment & parts company in the technology sector on NASDAQ, led by Revathi Advaithi, with a market cap of $22.6B. As of Q3 2025, 95% of shares are held by 678 institutional investors, with BlackRock, Inc. as the largest holder at 11.56%.

CEORevathi Advaithi

Market Cap$22.6B

Hardware, Equipment & Parts

Technology

Employees148.1K

Websiteflex.com

Country

United States of America

Overview

Overview of institutional ownership in FLEX as of Q3 2025 with a market cap of $21.7B

All Institutions

Institutions: 678
Value Held: $20.6B
Shares Held: 354.6M
Avg Position: $30.3M
Median Position: $922.2K

Hedge Funds

Hedge Funds: 67
Value Held: $1.1B
Shares Held: 18.1M
Avg Position: $15.7M
Median Position: $4.3M

Ownership Breakdown

Institutional (non-HF)

89.99%

$19.5B

Hedge Funds

4.85%

$1.1B

Retail & Other

5.16%

$1.1B

Based on market cap of $21.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FLEX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$2.5B 0.04% of portfolio	11.56% 43.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	Theofanis A Kolokotrones Chairman	$1.7B 1.33% of portfolio	7.92% 29.6M shares	≤ Q2 2013 Held for 12y 5m+	$128.84B
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$1.5B 0.70% of portfolio	7.04% 26.3M shares	≤ Q2 2013 Held for 12y 5m+	$218.74B
FMR LLC Institution	-	$1.2B 0.06% of portfolio	5.67% 21.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
Robeco Investment Management, Inc. Long Only Manager	Joseph Francis Feeney CEO	$1.1B 1.13% of portfolio	5.09% 19.0M shares	≤ Q2 2013 Held for 12y 5m+	$97.8B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$993.1M 0.17% of portfolio	4.58% 17.1M shares	Q4 2016 Held for 8y 11m	$571.21B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$758.5M 0.01% of portfolio	3.50% 13.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$691.5M 0.02% of portfolio	3.19% 11.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$497.2M 0.08% of portfolio	2.29% 8.6M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
LYRICAL ASSET MANAGEMENT LP Private Equity	Andrew Brian Wellington CIO	$472.5M 6.66% of portfolio	2.18% 8.2M shares	Q2 2017 Held for 8y 5m	$7.1B

Net Capital Flow

Institutional buying and selling activity for FLEX in Q3 2025

Net Flow: −$1.1B
Buyers: 219
Sellers: 307
Total Bought: +$1.1B
Total Sold: −$2.2B
Avg Position: $32.1M

Biggest Buyers

Institution	Net Bought	Current Position
Q Qube Research & Technologies Ltd Institution	+$88.2M +1.5M shares	$163.0M 2.8M shares
P Pacer Advisors, Inc. Institution	+$77.8M +1.3M shares	$79.1M 1.4M shares
JPMORGAN CHASE & CO Institution	+$68.6M +1.2M shares	$153.4M 2.6M shares
B BlackRock, Inc. Institution	+$57.9M +999.6K shares	$2.5B 43.2M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$53.3M +918.6K shares	$60.7M 1.0M shares
L LPL Financial LLC Institution	+$48.3M +832.5K shares	$87.3M 1.5M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$34.7M +597.8K shares	$54.9M 947.7K shares
G GENDELL JEFFREY L Institution	+$33.2M +573.5K shares	$36.1M 623.5K shares
Park West Asset Management LLC Hedge Fund•Multi-Strategy	+$33.2M +573.0K shares	$62.2M 1.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$32.3M +556.9K shares	$62.2M 1.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$261.1M −4.5M shares	$1.2B 21.2M shares
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	−$231.5M −4.0M shares	$1.7B 29.6M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$217.1M −3.7M shares	$993.1M 17.1M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$183.6M −3.2M shares	$22.0K 380.0 shares
Polar Capital Holdings Plc Long Only Manager	−$128.8M −2.2M shares	$88.5M 1.5M shares
Robeco Investment Management, Inc. Long Only Manager	−$92.3M −1.6M shares	$1.1B 19.0M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$87.8M −1.5M shares	$424.6M 7.3M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$80.5M −1.4M shares	$130.2M 2.2M shares
FRANKLIN RESOURCES INC Institution	−$57.2M −986.9K shares	$141.8M 2.4M shares
L LSV ASSET MANAGEMENT Long Only Manager	−$49.6M −855.8K shares	$342.5M 5.9M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FLEX in Q3 2025

New Positions: 59
New Value: $106.5M
Exited Positions: 54
Exited Value: $165.8M

New Positions

Institution	Position Value
Junto Capital Management LP Hedge Fund•Long/Short	$56.3M 970.7K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$7.3M 126.6K shares
Point72 Ltd RIA/Wealth	$4.9M 84.3K shares
M Mondrian Capital Management, LLC Hedge Fund•Long/Short	$4.9M 84.0K shares
D De Lisle Partners LLP Institution	$4.1M 70.0K shares
M Mubadala Investment Co PJSC Institution	$3.0M 51.3K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$2.6M 44.8K shares
MANCHESTER FINANCIAL INC RIA/Wealth	$1.9M 32.4K shares
Glenmede Investment Management, LP Long Only Manager	$1.7M 29.0K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$1.7M 29.0K shares

Exited Positions

Institution	Previous Position
Cartenna Capital, LP Hedge Fund•Long/Short	$34.9M 700.0K shares
Woodline Partners LP Hedge Fund•Long/Short	$31.2M 624.7K shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	$21.5M 430.2K shares
Cinctive Capital Management LP Hedge Fund•Multi-Strategy	$12.3M 245.7K shares
A AXA Institution	$11.6M 232.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$8.9M 178.4K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$8.1M 162.9K shares
Calamos Advisors LLC Long Only Manager	$7.8M 156.5K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$4.8M 96.7K shares
PDT Partners, LLC Hedge Fund•Quant	$3.9M 77.6K shares

Options Activity

Institutions with the largest Call and Put options positions in FLEX as of Q3 2025

Call Positions: 17
Call Value: $80.1M
Put Positions: 16
Put Value: $63.9M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$11.7M 2.0K contracts
P PEAK6 LLC Institution	$11.7M 2.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.9M 1.7K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$8.7M 1.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$7.9M 1.4K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$7.4M 1.3K contracts
S Soviero Asset Management, LP Hedge Fund•Long/Short	$4.6M 800.0 contracts
W WOLVERINE TRADING, LLC Institution	$4.4M 757.0 contracts
Walleye Trading LLC RIA/Wealth	$3.5M 602.0 contracts
LEUCADIA NATIONAL CORP Institution	$2.4M 407.0 contracts

Put Positions

Institution	Position Value
P PEAK6 LLC Institution	$20.1M 3.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$15.3M 2.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.6M 1.1K contracts
B BRANT POINT INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	$4.6M 800.0 contracts
W WOLVERINE TRADING, LLC Institution	$4.6M 795.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.3M 741.0 contracts
Walleye Trading LLC RIA/Wealth	$1.8M 312.0 contracts
J JANE STREET GROUP, LLC Institution	$1.8M 306.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.5M 263.0 contracts
C Cubist Systematic Strategies, LLC Institution	$1.2M 207.0 contracts

Most Committed Institutions

Institutions with FLEX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Blue Door Asset Management, LLC Hedge Fund•Long/Short	Michael Jay Luddy Managing Partner	13.25% $23.4M	0.11% 403.9K shares	Q4 2021 Held for 3y 11m	$176.7M
Simcoe Capital Management, LLC Hedge Fund•Long/Short	Jeffrey Nmn Jacobowitz Managing Partner	9.57% $66.0M	0.30% 1.1M shares	Q3 2024 Held for 1y 2m	$689.9M
S Shannon River Fund Management CO LLC Hedge Fund•Long/Short	Spencer Marshal Waxman Managing Partner	7.93% $49.2M	0.23% 849.4K shares	Q3 2019 Held for 6y 2m	$621.2M
D. SCOTT NEAL, INC. RIA/Wealth	David Scott Neal President	7.18% $15.5M	0.07% 267.8K shares	Q1 2024 Held for 1y 8m	$216.2M
LYRICAL ASSET MANAGEMENT LP Private Equity	Andrew Brian Wellington CIO	6.66% $472.5M	2.18% 8.2M shares	Q2 2017 Held for 8y 5m	$7.1B
Otter Creek Advisors, LLC Hedge Fund•Long/Short	Justin Arthur Beals COO	6.63% $6.7M	0.03% 115.2K shares	Q2 2024 Held for 1y 5m	$100.8M
Park West Asset Management LLC Hedge Fund•Multi-Strategy	Peter Sang Hun Park CIO	5.69% $62.2M	0.29% 1.1M shares	Q3 2022 Held for 3y 2m	$1.1B
S S&T BANK/PA Institution	-	3.63% $12.0M	0.06% 206.5K shares	≤ Q2 2013 Held for 12y 5m+	$330.2M
Provident Co of the Employees of the Hebrew University LTD RIA/Wealth	Christopher Keil Hicks President	3.54% $3.5M	0.02% 61.3K shares	Q1 2025 Held for 8 months	$100.1M
Clear Harbor Asset Management, LLC RIA/Wealth	Aaron John Kennon CEO	3.45% $48.9M	0.23% 844.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.4B

Hedge Fund Spotlight

Discover hedge funds investing in FLEX

BALYASNY ASSET MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDmitry Balyasny

Portfolio Value: $48.1B
Positions: 1,894
Last Reported: Q3 2025

Sector Allocation

Position in Flex Ltd.

Market Value: $124.4M
Shares Held: 2.1M
Portfolio Weight: 0.26%
Owned Since: 2014-Q3

Top Holding	Sector	Market Value	Weight
1 iShares Core S&P 500 ETF IVV	ETF ETF	$1.1B	2.29%
2 Microsoft MSFT	Software - Infrastructure Technology	$1.1B	2.23%
3 Nvidia NVDA	Semiconductors Technology	$905.7M	1.88%