Echo Street Capital Management’s Fastenal FAST Stock Holding History

Echo Street Capital Management’s Portfolio FAST Stock Details FAST Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q4	–	Sell	-1,312,678	Closed	-$35.9M	–	161
2023 Q3	$35.9M	Sell	1,312,678 -73,976	-5%	-$2.1M	0.33%	60
2023 Q2	$40.9M	Sell	1,386,654 -668,910	-33%	-$18.3M	0.35%	61
2023 Q1	$55.4M	Sell	2,055,564 -731,942	-26%	-$18.8M	0.5%	61
2022 Q4	$66M	Buy	2,787,506 +501,078	+22%	+$12.3M	0.64%	61
2022 Q3	$52.6M	Buy	2,286,428 +526	+0%	+$13.3K	0.5%	73
2022 Q2	$57.1M	Buy	+2,285,902	New	+$61.6M	0.52%	77
2021 Q2	–	Sell	-438,462	Closed	-$11M	–	640
2021 Q1	$11M	Buy	438,462 +75,182	+21%	+$1.8M	0.1%	121
2020 Q4	$8.87M	Buy	363,280 +218,346	+151%	+$5.14M	0.09%	108
2020 Q3	$3.27M	Buy	+144,934	New	+$3.33M	0.06%	99
2018 Q3	–	Sell	-473,356	Closed	-$5.7M	–	177
2018 Q2	$5.7M	Buy	+473,356	New	+$6.13M	0.14%	154
2017 Q2	–	Sell	-1,474,156	Closed	-$19M	–	154
2017 Q1	$19M	Buy	1,474,156 +1,055,140	+252%	+$13.2M	0.64%	61
2016 Q4	$4.92M	Buy	419,016 +231,508	+123%	+$2.54M	0.2%	125
2016 Q3	$1.96M	Buy	187,508 +46,756	+33%	+$497K	0.08%	164
2016 Q2	$1.56M	Sell	140,752 -7,816	-5%	-$89.3K	0.07%	141
2016 Q1	$1.82M	Sell	148,568 -550,684	-79%	-$5.99M	0.09%	125
2015 Q4	$7.14M	Sell	699,252 -883,956	-56%	-$8.71M	0.31%	105
2015 Q3	$14.5M	Buy	1,583,208 +529,536	+50%	+$5.25M	0.53%	69
2015 Q2	$11.1M	Buy	1,053,672 +510,784	+94%	+$5.37M	0.49%	78
2015 Q1	$5.62M	Buy	+542,888	New	+$5.86M	0.33%	105
2014 Q2	–	Sell	-321,848	Closed	-$3.97M	–	145
2014 Q1	$3.97M	Buy	321,848 +1,848	+0.6%	+$21.6K	0.31%	104
2013 Q4	$3.8M	Buy	+320,000	New	+$3.84M	0.37%	73

Other funds holding FAST

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Baird Financial Group Milwaukee, Wisconsin $64B AUM 22.64% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Echo Street Capital Management's FAST Position: Q4 2023 in Review

Echo Street Capital Management sold out of Fastenal (FAST) in Q4 2023, closing a stake of 1,312,678 shares — an estimated $35.9M sold.

Echo Street Capital Management first reported a position in FAST in Q4 2013 and held it in 21 quarters. The position peaked at $66M in Q4 2022. 1,121 funds tracked by Wall St. Rank hold FAST as of Q4 2023.

Echo Street Capital Management reported no remaining Fastenal position as of Q4 2023 after selling out during the quarter.
Echo Street Capital Management sold 1,312,678 Fastenal shares in Q4 2023, an estimated $35.9M.
Echo Street Capital Management first reported a position in Fastenal in Q4 2013 and held it in 21 quarters.
Echo Street Capital Management's Fastenal position peaked at $66M in Q4 2022.
1,121 funds tracked by Wall St. Rank held Fastenal as of Q4 2023.

Based on Echo Street Capital Management's 13F filing for Q4 2023, filed 8 Feb 2024.