market folly

Larry Robbins' hedge fund Glenview Capital has disclosed a 5.45% ownership stake in Flextronics with 40,305,334 shares per a 13G just filed with the SEC.

This represents a 46% increase in their position size as they've purchased 12,757,291 shares since March 31st. To see the rest of Glenview's positions, you can of course head to our Hedge Fund Wisdom newsletter.

The filing was made due to portfolio activity on July 15th. While they bought shares last week, keep in mind that SEC regulatory rules only requires disclosure of such positions on a delayed basis.

For recent market thoughts from this hedge fund manager, we also detailed notes from Robbins' presentation at the Leaders In Investing Summit.

Per Google Finance, Flextronics is "a global provider of vertically integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). The Company designs, builds, ships and services electronics products for its customers through a network of facilities in 30 countries across four continents. Its portfolio of customers consist of Alcatel-Lucent, Applied Materials, Cisco Systems, Dell, Ericsson, Hewlett-Packard, Huawei, Johnson and Johnson, Lenovo, Microsoft, Research in Motion and Xerox."