What smart money is saying about Flex Ltd
2 funds in our archive have pitched Flex Ltd, most recently Brown Advisory Mid-Cap Growth Strategy in June 2026.
Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across Asia, the Americas, and Europe. Its operations are structured into three primary segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company specializes in a range of cross-industry technologies, such as human-machine interfaces, Internet of Things (IoT) platforms, advanced power solutions, sensor fusion, and smart audio systems. A significant offering includes integrated solar tracker and software solutions tailored for utility-scale and ground-mounted distributed generation solar projects. Flex also delivers value-added design and engineering support, alongside comprehensive systems assembly and manufacturing services. These encompass enclosure fabrication, rigorous testing, and meticulous materials procurement and inventory management. Their product line features power components like chargers for smartphones and tablets, adapters for notebooks and gaming systems, and power supplies for server, storage, and networking markets. Furthermore, they provide full power solutions, including switchgear, busway, power distribution units, modular power systems, and related monitoring services. Beyond production, Flex offers end-to-end supply chain logistics, covering both forward and after-market services for computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical sectors. Their reverse logistics and repair capabilities include returns management, exchange programs, complex repairs, asset recovery, recycling, and e-waste management. The company serves a broad spectrum of industries, including cloud computing, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy. Founded in 1990 in Singapore, the company was formerly known as Flextronics International Ltd. before adopting the name Flex Ltd. in September 2016.
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Fund signal · last 12 months
9 lettersFunds are split between buying and selling
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q2 2025 and Q3 2026, 11 fund letters reported a position in Flex Ltd, with 2 buys (opened or added) and 3 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 4 | 0 | 2 | 0 |
| Q2 2026 | 5 | 2 | 1 | 2 |
| Q3 2025 | 1 | 0 | 0 | 0 |
| Q2 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 11 positions · 6 moves
- September 2026
“Flex Ltd (FLEX), a standout last quarter, raised its full-year outlook yet fell 32% as the group de-rated.”
Flex Ltd - September 2026
“After being a top contributor during the second quarter, FLEX Ltd (FLEX) pulled back during the quarter despite reporting fiscal first quarter results that were ahead of consensus expectations. We used the strength during the second quarter to pare back our position but still think the company is executing at a high level and there is compelling value here ahead of the split of the company in early 2027.”
Flex Ltd - September 2026
“After being a top contributor during the second quarter, FLEX Ltd (FLEX) pulled back during the quarter despite reporting fiscal first quarter results that were ahead of consensus expectations. We used the strength during the second quarter to pare back our position but still think the company is executing at a high level and there is compelling value here ahead of the split of the company in early 2027.”
Flex Ltd - September 2026
“Many of the names that drove our Q2 returns—including SK Hynix, Flex, and MasTec—were caught up in the rout.”
Flex Ltd - June 2026
“We ended our investment campaigns in Colliers International and Waystar and moved Flex to HarvestSM during the quarter.”
Flex Ltd - New positionBrown Advisory Mid-Cap Growth StrategyJune 2026
“Flex Ltd (FLEX) is a global electronics manufacturing and supply-chain services company with a fast-growing business supplying the AI data-center buildout. In May, management announced plans to spin off its Cloud and Power Infrastructure segment, which carries faster growth and better margins than the legacy manufacturing operation and could represent nearly half of company revenue— and roughly two-thirds of profits—by fiscal 2028. We established our position in early April, and the shares more than doubled during the quarter, making Flex one of our largest contributors.”
Flex Ltd - June 2026
“Both Dell Technologies (DELL) and Flex Ltd (FLEX) saw a material acceleration in their core businesses from continued AI infrastructure demand and each company raised their immediate term outlooks.”
Flex Ltd - June 2026
“Information Technology, Energy, and Consumer Staples were the leading contributors to performance during the second quarter. Both Dell Technologies (DELL) and Flex Ltd (FLEX) saw a material acceleration in their core businesses from continued AI infrastructure demand and each company raised their immediate term outlooks.”
Flex Ltd - New positionThird Point Offshore Fund, Ltd.June 2026
“Flex Ltd. We established a new position in Flex, a global manufacturing services company, following its announcement that it intends to separate its Cloud & Power Infrastructure ("CPI") business into an independent public company.”
Flex Ltd - September 2025
“The portfolio’s information technology stocks were the best relative performing group rising 38.3% versus the group gain of 17.8% led by Flex (FLEX; 2.93%**) and Seagate Technology (STX;1.75%**) with each company benefitting from strong AI demand from data centers buildouts and accelerating need for storage.”
Flex Ltd - June 2025
“The top contributor to our portfolio performance during the quarter was Flex (Singapore).”
Flex Ltd
Also mentioned · 1
These funds discuss Flex Ltd as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedOakmark FundJune 2026
Named in a table in Oakmark Fund’s letter.
Flex Ltd
Fund coverage · 2 theses
Flex Ltd is a global electronics manufacturing and supply-chain services company benefiting from AI data-center demand and a planned separation that could highlight faster-growing, higher-margin segments.
Read the full thesis- Third Point Offshore Fund, Ltd.June 2026
Flex Ltd. is viewed as a new AI infrastructure opportunity through its CPI spin-off, with unique rack, power and cooling capabilities, strong growth, higher margins, and potential value unlock.
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