FLEX LTD FLEX
ORD · Common Stock · CUSIP Y2573F102
Singaporean–American multinational electronics manufacturing company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.3m this quarter). Holder counts are more reliable. Shares outstanding: 452.8m as of 2022-10-21, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.67. Options: 22 managers hold calls ($75.6m notional), 15 hold puts ($33.3m).
Biggest calls
| Electron Capital Partners, LLC | — | $21.4m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $17.5m1.0m shares |
| SIMPLEX TRADING, LLC | — | $9.3m558.3k shares |
| GROUP ONE TRADING LLC | — | $5.6m339.1k shares |
| JANE STREET GROUP, LLC | — | $5.0m303.1k shares |
| CITADEL ADVISORS LLC | — | $4.3m256.3k shares |
| Concentric Capital Strategies, LP | — | $4.2m250.0k shares |
| WOLVERINE TRADING, LLC | — | $1.5m89.0k shares |
| IMC-Chicago, LLC | — | $1.3m77.1k shares |
| Caption Management, LLC | — | $1.1m65.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $8.9m533.4k shares |
| Walleye Trading LLC | — | $7.1m429.0k shares |
| GROUP ONE TRADING LLC | — | $5.9m352.5k shares |
| JANE STREET GROUP, LLC | — | $3.9m236.8k shares |
| SIMPLEX TRADING, LLC | — | $3.6m213.5k shares |
| CITADEL ADVISORS LLC | — | $2.1m123.2k shares |
| Verition Fund Management LLC | — | $796.0k47.8k shares |
| WOLVERINE TRADING, LLC | — | $390.0k23.1k shares |
| IMC-Chicago, LLC | — | $258.0k15.5k shares |
| PEAK6 Investments LLC | — | $193.0k11.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -2.6 pts · filed 2026-07-28 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution +2.2 pts · filed 2026-07-31 | 7.6% |
| PRIMECAP MANAGEMENT CO/CA/ 13G · institution -1.5 pts · filed 2026-08-06 | 6.4% |
| FMR LLC 13G · institution +0.6 pts · filed 2026-08-06 | 5.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (4.9%, 2026-08-13), Janus Henderson Group Ltd. (3.8%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2020 | 0 | — | 0 | — | — |
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $1.5m | — |
| Q1 2022 | 0 | — | 1 | $552.8k | — |
| Q2 2022 | 0 | — | 5 | $10.2m | — |
| Q3 2022 | 0 | — | 3 | $3.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-09-26 | Tan Kwang Hooi Group President | Sold | $625.4k37.9k shares |
| 2022-09-16 | Lundstrom Paul Chief Financial Officer | Sold | $1.0m56.9k shares |
| 2022-09-12 | OFFER DAVID SCOTT EVP, General Counsel · Trust | Sold | $2.3m120.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| JANUS HENDERSON GROUP PLC 0.34% of their portfolio | 54.7m $911.6m | — |
| PRIMECAP MANAGEMENT CO/CA/ 0.87% of their portfolio | 53.9m $898.2m | — |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 27.6m $459.8m | — |
| FMR LLC 0.04% of their portfolio | 24.4m $406.6m | — |
| VICTORY CAPITAL MANAGEMENT INC 0.43% of their portfolio | 22.2m $369.1m | — |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 21.2m $353.1m | — |
| Invesco Ltd. 0.07% of their portfolio | 12.7m $211.1m | — |
| FRANKLIN RESOURCES INC 0.11% of their portfolio | 12.6m $209.8m | — |
| LYRICAL ASSET MANAGEMENT LP 3.89% of their portfolio | 11.3m $188.3m | — |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 10.9m $181.8m | — |
| Sachem Head Capital Management LP 6.62% of their portfolio | 10.7m $177.8m | — |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 9.9m $164.9m | — |
| Boston Partners 0.21% of their portfolio | 8.8m $146.4m | — |
| MACQUARIE GROUP LTD 0.16% of their portfolio | 7.7m $128.4m | — |
| PZENA INVESTMENT MANAGEMENT LLC 0.62% of their portfolio | 7.5m $124.7m | — |
| FIL Ltd 0.15% of their portfolio | 7.1m $118.0m | — |
| BlackRock Inc. 0.00% of their portfolio | 6.8m $112.7m | — |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 5.8m $96.0m | — |
| Sound Shore Management Inc /CT/ 3.85% of their portfolio | 5.7m $95.3m | — |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.3m $88.9m | — |
| Standard Investments LLC 3.84% of their portfolio | 5.0m $83.5m | — |
| NORGES BANK 0.02% of their portfolio | 4.8m $79.5m | — |
| STATE STREET CORP 0.00% of their portfolio | 4.6m $75.9m | — |
| Capital International Investors 0.02% of their portfolio | 4.5m $75.4m | — |
| Nishkama Capital, LLC 29.11% of their portfolio | 3.9m $65.3m | — |
| Jericho Capital Asset Management L.P. 3.75% of their portfolio | 3.5m $59.1m | — |
| GLENVIEW CAPITAL MANAGEMENT, LLC 1.39% of their portfolio | 3.3m $54.9m | — |
| Electron Capital Partners, LLC 2.60% of their portfolio | 3.3m $54.3m | — |
| IRIDIAN ASSET MANAGEMENT LLC/CT 5.09% of their portfolio | 3.1m $51.2m | — |
| Shannon River Fund Management LLC 21.99% of their portfolio | 3.1m $51.1m | — |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 3.0m $50.5m | — |
| MARSHALL WACE, LLP 0.12% of their portfolio | 3.0m $49.7m | — |
| EARNEST PARTNERS LLC 0.31% of their portfolio | 2.8m $46.1m | — |
| Sessa Capital IM, L.P. 2.97% of their portfolio | 2.5m $41.6m | — |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 2.5m $41.5m | — |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.4m $39.7m | — |
| Point72 Asset Management, L.P. 0.17% of their portfolio | 2.3m $38.4m | — |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 2.2m $36.7m | — |
| THOMPSON SIEGEL & WALMSLEY LLC 0.60% of their portfolio | 2.1m $34.5m | — |
| Allianz Asset Management GmbH 0.08% of their portfolio | 2.0m $33.5m | — |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 2.0m $33.1m | — |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 2.0m $32.7m | — |
| MORGAN STANLEY 0.00% of their portfolio | 1.9m $32.4m | — |
| SEI INVESTMENTS CO 0.07% of their portfolio | 1.9m $31.9m | — |
| DekaBank Deutsche Girozentrale 0.09% of their portfolio | 1.8m $30.4m | — |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 1.8m $30.3m | — |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.8m $29.4m | — |
| STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio | 1.7m $28.4m | — |
| Invenomic Capital Management LP 2.42% of their portfolio | 1.7m $28.0m | — |
| Pendal Group Ltd 0.27% of their portfolio | 1.6m $27.4m | — |
| Legal & General Group Plc 0.01% of their portfolio | 1.5m $25.7m | — |
| Public Sector Pension Investment Board 0.22% of their portfolio | 1.5m $25.3m | — |
| LMR Partners LLP 0.49% of their portfolio | 1.4m $23.3m | — |
| BRANDES INVESTMENT PARTNERS, LP 0.55% of their portfolio | 1.3m $21.1m | — |
| ARS Investment Partners, LLC 2.87% of their portfolio | 1.3m $20.8m | — |
| Cartenna Capital, LP 4.99% of their portfolio | 1.2m $20.8m | — |
| Amundi 0.01% of their portfolio | 1.2m $21.5m | — |
| STOREBRAND ASSET MANAGEMENT AS 0.12% of their portfolio | 1.2m $19.5m | — |
| BECKER CAPITAL MANAGEMENT INC 1.02% of their portfolio | 1.2m $19.4m | — |
| Ararat Capital Management LP 8.02% of their portfolio | 1.2m $19.2m | — |
| Park West Asset Management LLC 1.50% of their portfolio | 1.1m $19.0m | — |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 4.46% of their portfolio | 1.1m $18.8m | — |
| California Public Employees Retirement System 0.02% of their portfolio | 1.1m $18.3m | — |
| Swiss National Bank 0.01% of their portfolio | 1.1m $18.1m | — |
| Ionic Capital Management LLC 4.27% of their portfolio | 1.1m $17.5m | — |
| TCW GROUP INC 0.25% of their portfolio | 1.0m $16.8m | — |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 979.2k $16.3m | — |
| State of New Jersey Common Pension Fund D 0.06% of their portfolio | 950.1k $15.8m | — |
| LPL Financial LLC 0.02% of their portfolio | 934.2k $15.6m | — |
| Clear Harbor Asset Management, LLC 2.04% of their portfolio | 878.7k $14.6m | — |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 868.0k $14.5m | — |
| NORTHERN TRUST CORP 0.00% of their portfolio | 768.2k $12.8m | — |
| Blue Door Asset Management, LLC 16.00% of their portfolio | 765.2k $12.7m | — |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.14% of their portfolio | 731.6k $12.2m | — |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 725.4k $12.1m | — |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 662.1k $11.0m | — |
| Walleye Capital LLC 0.25% of their portfolio | 657.8k $11.0m | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 639.4k $10.7m | — |
| S&T Bank/PA 2.01% of their portfolio | 624.3k $10.4m | — |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 598.4k $10.0m | — |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 582.6k $9.7m | — |
| Long Focus Capital Management, LLC 2.03% of their portfolio | 577.5k $9.6m | — |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.18% of their portfolio | 542.0k $9.0m | — |
| Solas Capital Management, LLC 5.49% of their portfolio | 540.5k $9.0m | — |
| Alyeska Investment Group, L.P. 0.11% of their portfolio | 540.1k $9.0m | — |
| ARDSLEY ADVISORY PARTNERS LP 2.31% of their portfolio | 524.4k $8.7m | — |
| Clearline Capital LP 1.18% of their portfolio | 509.3k $8.5m | — |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 492.5k $8.2m | — |
| BRANT POINT INVESTMENT MANAGEMENT LLC 2.11% of their portfolio | 490.7k $8.2m | — |
| Verition Fund Management LLC 0.05% of their portfolio | 472.3k $7.9m | — |
| Bank of New York Mellon Corp 0.00% of their portfolio | 454.7k $7.6m | — |
| ROYCE & ASSOCIATES LP 0.08% of their portfolio | 449.6k $7.5m | — |
| Redwood Grove Capital, LLC 4.03% of their portfolio | 440.0k $7.3m | — |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 437.1k $7.3m | — |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 434.2k $7.2m | — |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 428.7k $7.1m | — |
| GABELLI FUNDS LLC 0.06% of their portfolio | 422.5k $7.0m | — |
| Clayton Partners LLC 7.84% of their portfolio | 417.3k $7.0m | — |
| Holocene Advisors, LP 0.04% of their portfolio | 400.0k $6.7m | — |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 399.7k $6.7m | — |