NFLX ranks #43 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
NFLX is a top-conviction position for SRS Investment Management, LLC — at 10.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in NFLX belongs to BlackRock, Inc., but the position matters far more to SRS Investment Management, LLC, who has 10.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Quintet Private Bank has added to its NFLX position for two straight quarters, increasing it by $26.0M to reach $26.8M today.
Sustainable Growth Advisers, LP has trimmed its NFLX position for two straight quarters, cutting it by $482.9M while still holding $173.0M.
NFLX is up 0.2% today, and institutions have been net buyers of $38.3B this quarter — today's price move and the underlying institutional flow are pointing the same direction.