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 ($72.2m this quarter). Holder counts are more reliable. Shares outstanding: 366.4m as of 2026-05-14, 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 ≈ $65.42. Options: 16 managers hold calls ($74.5m notional), 17 hold puts ($171.0m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 376 |
| Q4 2022 | 415 |
| Q1 2023 | 427 |
| Q2 2023 | 441 |
| Q3 2023 | 451 |
| Q4 2023 | 476 |
| Q1 2024 | 473 |
| Q2 2024 | 474 |
| Q3 2024 | 500 |
| Q4 2024 | 570 |
| Q1 2025 | 583 |
| Q2 2025 | 649 |
| Q3 2025 | 698 |
| Q4 2025 | 764 |
| Q1 2026 | 787 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 209 | 249 |
| Q3 2024 | 234 | 224 |
| Q4 2024 | 259 | 243 |
| Q1 2025 | 267 | 273 |
| Q2 2025 | 323 | 274 |
| Q3 2025 | 316 | 315 |
| Q4 2025 | 316 | 366 |
| Q1 2026 | 384 | 365 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $108.9m | $51.2m | 0.47 |
| Q3 2025 | $102.5m | $88.0m | 0.86 |
| Q4 2025 | $115.0m | $100.6m | 0.87 |
| Q1 2026 | $74.5m | $171.0m | 2.30 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.6m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +2.4m |
| KBC Group NV | Added | +1.7m |
| Squarepoint Ops LLC | New | +1.0m |
| Boston Partners | Added | +889.2k |
| SEI INVESTMENTS CO | Added | +764.6k |
| CITADEL ADVISORS LLC | Added | +742.8k |
| UBS Group AG | Added | +715.4k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +702.8k |
| D. E. Shaw & Co., Inc. | Added | +604.5k |
Biggest sellers
| BlackRock, Inc. | Reduced | -5.1m |
| LSV ASSET MANAGEMENT | Reduced | -1.7m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.7m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -1.3m |
| FMR LLC | Reduced | -1.1m |
| Invesco Ltd. | Reduced | -1.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -967.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -947.3k |
| Junto Capital Management LP | Reduced | -889.7k |
| Artisan Partners Limited Partnership | Reduced | -881.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.5m328.6k shares |
| JANE STREET GROUP, LLC | Added | $16.3m248.5k shares |
| CITADEL ADVISORS LLC | Reduced | $12.8m195.2k shares |
| SIMPLEX TRADING, LLC | Added | $5.5m83.6k shares |
| Walleye Trading LLC | Added | $4.5m68.0k shares |
| Walleye Capital LLC | Reduced | $3.2m49.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8m43.2k shares |
| Point72 Asset Management, L.P. | Reduced | $2.5m38.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $2.1m32.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $1.1m16.2k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | New | $40.7m621.0k shares |
| LOGAN CAPITAL MANAGEMENT INC | New | $30.4m464.7k shares |
| Oribel Capital Management, LP | Added | $27.1m414.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.9m334.5k shares |
| JANE STREET GROUP, LLC | Added | $12.8m195.9k shares |
| CITADEL ADVISORS LLC | Reduced | $8.5m130.2k shares |
| SIMPLEX TRADING, LLC | Added | $5.3m81.5k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $5.0m77.1k shares |
| GROUP ONE TRADING LLC | Added | $4.9m75.6k shares |
| PEAK6 LLC | Reduced | $4.6m70.0k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 8 | $33.6m | $7.5m |
| Q3 2024 | 0 | — | 2 | $904.5k | $904.5k |
| Q4 2024 | 0 | — | 2 | $793.2k | $284.1k |
| Q1 2025 | 0 | — | 4 | $5.5m | $3.3m |
| Q2 2025 | 0 | — | 6 | $47.4m | $18.2m |
| Q3 2025 | 0 | — | 5 | $4.9m | $3.8m |
| Q4 2025 | 0 | — | 5 | $6.6m | $4.4m |
| Q1 2026 | 0 | — | 2 | $2.3m | $1.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-09 | Tan Kwang Hooi Chief Operating Officer | Sold plan | $1.0m17.5k shares |
| 2026-01-07 | Krumm Kevin Chief Financial Officer | Sold | $1.3m21.4k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.05% of their portfolio | 45.0m $2.9bn | Reduced -5.1m |
| PRIMECAP MANAGEMENT CO/CA/ 1.31% of their portfolio | 25.4m $1.7bn | Reduced -1.3m |
| JANUS HENDERSON GROUP PLC 0.64% of their portfolio | 20.6m $1.3bn | Reduced -1.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.25% of their portfolio | 20.2m $1.3bn | Added +2.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.07% of their portfolio | 19.3m $1.3bn | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 16.5m $1.1bn | First filing |
| FMR LLC 0.06% of their portfolio | 16.4m $1.1bn | Reduced -1.1m |
| STATE STREET CORP 0.03% of their portfolio | 14.3m $934.3m | Added +217.3k |
| Boston Partners 0.89% of their portfolio | 13.0m $851.9m | Added +889.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 8.3m $542.6m | Added +702.8k |
| Invesco Ltd. 0.05% of their portfolio | 7.2m $473.7m | Reduced -1.1m |
| LYRICAL ASSET MANAGEMENT LP 6.95% of their portfolio | 7.0m $455.7m | Reduced -576.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.40% of their portfolio | 5.9m $387.7m | Reduced -7.0k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 5.6m $365.4m | Reduced -152.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.12% of their portfolio | 5.4m $354.7m | Reduced -92.3k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.8m $245.5m | Reduced -967.0k |
| Polar Capital Holdings Plc 1.03% of their portfolio | 3.6m $236.3m | Reduced -82.6k |
| Nuveen, LLC 0.06% of their portfolio | 3.4m $221.4m | Reduced -621.4k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.4m $220.8m | Added +175.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 3.2m $206.2m | Added +509.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.7m $174.8m | Added +72.5k |
| EARNEST PARTNERS LLC 0.71% of their portfolio | 2.6m $172.1m | Reduced -250.9k |
| MORGAN STANLEY 0.01% of their portfolio | 2.6m $171.6m | Reduced -325.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.20% of their portfolio | 2.6m $170.9m | Added +2.4m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.5m $164.4m | Reduced -161.0k |
| VANGUARD FIDUCIARY TRUST CO 0.04% of their portfolio | 2.3m $149.4m | First filing |
| SEI INVESTMENTS CO 0.13% of their portfolio | 2.2m $146.0m | Added +764.6k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.2m $145.5m | Added +300.8k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.2m $130.9m | Reduced -810.7k |
| UBS Group AG 0.02% of their portfolio | 2.1m $134.4m | Added +715.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.1m $124.3m | Added +300.4k |
| LSV ASSET MANAGEMENT 0.29% of their portfolio | 2.0m $132.6m | Reduced -1.7m |
| KBC Group NV 0.32% of their portfolio | 2.0m $128.7m | Added +1.7m |
| Legal & General Group Plc 0.03% of their portfolio | 2.0m $128.2m | Reduced -382.5k |
| Amundi 0.03% of their portfolio | 1.5m $97.8m | Added +200.6k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 1.4m $94.4m | Added +3.5k |
| Pacer Advisors, Inc. 0.24% of their portfolio | 1.3m $84.7m | Added +110.0k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 1.3m $84.2m | Reduced -660.1k |
| COOKSON PEIRCE & CO INC 3.28% of their portfolio | 1.2m $77.6m | Reduced -32.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.2m $76.7m | Added +299.3k |
| LPL Financial LLC 0.02% of their portfolio | 1.2m $76.6m | Reduced -122.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 1.1m $75.1m | Reduced -226.1k |
| Swiss National Bank 0.04% of their portfolio | 1.1m $71.0m | Added +60.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.1m $70.6m | Added +245 |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.1m $70.6m | Added +246.1k |
| DekaBank Deutsche Girozentrale 0.11% of their portfolio | 1.1m $67.6m | Unchanged |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 1.1m $69.2m | Added +418.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.0m $67.6m | Added +51.8k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 1.0m $67.5m | Added +14.3k |
| Squarepoint Ops LLC 0.14% of their portfolio | 1.0m $66.6m | New |
| Man Group plc 0.14% of their portfolio | 1.0m $65.5m | Added +197.6k |
| Park West Asset Management LLC 5.73% of their portfolio | 991.5k $64.9m | Added +9.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.25% of their portfolio | 935.0k $61.2m | Added +27.1k |
| Sound Shore Management Inc /CT/ 2.03% of their portfolio | 924.9k $60.5m | Reduced -93.4k |
| National Pension Service 0.05% of their portfolio | 917.8k $60.1m | Added +296.3k |
| BARCLAYS PLC 0.02% of their portfolio | 874.8k $57.3m | Reduced -251.9k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 856.8k $56.1m | Added +742.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.12% of their portfolio | 828.4k $54.2m | Added +179.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 820.6k $53.7m | Added +25.3k |
| Clear Harbor Asset Management, LLC 3.72% of their portfolio | 820.4k $53.7m | Reduced -14.0k |
| California Public Employees Retirement System 0.03% of their portfolio | 817.3k $53.5m | Added +784 |
| Electron Capital Partners, LLC 2.46% of their portfolio | 798.8k $52.3m | Reduced -149.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.15% of their portfolio | 771.2k $50.5m | Added +34.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 769.0k $50.3m | Reduced -52.1k |
| BRANDES INVESTMENT PARTNERS, LP 0.35% of their portfolio | 757.1k $49.6m | Reduced -44.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 744.3k $48.7m | Reduced -183.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 709.4k $46.4m | Reduced -68.6k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 708.4k $46.4m | Added +112.1k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 689.4k $45.1m | Added +604.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 683.8k $44.8m | Added +23.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.04% of their portfolio | 634.1k $41.5m | First filing |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 620.9k $40.6m | Added +83.4k |
| PANAGORA ASSET MANAGEMENT INC 0.15% of their portfolio | 618.8k $40.5m | Added +587.8k |
| BECKER CAPITAL MANAGEMENT INC 1.07% of their portfolio | 558.6k $36.6m | Reduced -17.5k |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 548.3k $35.9m | Reduced -881.1k |
| SG Americas Securities, LLC 0.04% of their portfolio | 532.4k $34.8m | Added +333.1k |
| Treasurer of the State of North Carolina 0.11% of their portfolio | 523.4k $34.3m | Added +39.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 494.0k $32.3m | Reduced -16.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 475.0k $31.1m | Added +148.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.12% of their portfolio | 463.4k $30.3m | Added +223.4k |
| Retirement Systems of Alabama 0.10% of their portfolio | 450.7k $29.5m | Added +6.9k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 448.0k $29.3m | Added +424.6k |
| PFA Pension, Forsikringsaktieselskab 0.09% of their portfolio | 443.6k $29.0m | Added +185.1k |
| Portolan Capital Management, LLC 1.54% of their portfolio | 443.1k $29.0m | Reduced -23.8k |
| CITIGROUP INC 0.02% of their portfolio | 432.5k $28.3m | Reduced -121.8k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 431.7k $28.3m | Added +111.4k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.05% of their portfolio | 422.8k $27.7m | Reduced -347.2k |
| Blue Door Asset Management, LLC 17.99% of their portfolio | 420.4k $27.5m | Added +31.5k |
| Junto Capital Management LP 0.58% of their portfolio | 415.1k $27.2m | Reduced -889.7k |
| Oribel Capital Management, LP 4.12% of their portfolio | 414.2k $27.1m | Added +269.8k |
| J. Safra Sarasin Holding AG 0.45% of their portfolio | 401.1k $26.2m | Added +30.3k |
| GENDELL JEFFREY L 0.36% of their portfolio | 400.0k $26.2m | Reduced -276.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 399.1k $26.1m | Added +20.8k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 395.7k $25.9m | Reduced -25.9k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 380.6k $24.9m | Added +5.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.24% of their portfolio | 361.6k $23.7m | Added +6.5k |
| Aberdeen Group plc 0.04% of their portfolio | 354.6k $23.2m | Added +13.9k |
| COZAD ASSET MANAGEMENT INC 1.81% of their portfolio | 351.6k $23.0m | Reduced -12.9k |
| Capital World Investors 0.00% of their portfolio | 350.8k $23.0m | Added +144.9k |
| Crossmark Global Holdings, Inc. 0.33% of their portfolio | 346.2k $22.7m | Added +4.5k |