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Fastenal

597 hedge funds and large institutions have $12.4B invested in Fastenal in 2016 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 225 increasing their positions, 197 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 46

46% more funds holding in top 10

Funds holding in top 10: 1319 (+6)

14% more repeat investments, than reductions

Existing positions increased: 225 | Existing positions reduced: 197

5% more funds holding

Funds holding: 566597 (+31)

2% more capital invested

Capital invested by funds: $12.1B → $12.4B (+$257M)

16% less call options, than puts

Call options by funds: $93.9M | Put options by funds: $112M

Holders
597
Holders Change
+31
Holders Change %
+5.48%
% of All Funds
15.91%
Holding in Top 10
19
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+46.15%
% of All Funds
0.51%
New
82
Increased
225
Reduced
197
Closed
46
Calls
$93.9M
Puts
$112M
Net Calls
-$18.1M
Net Calls Change
-$47.6M
Name Holding Trade Value Shares
Change
Change in
Stake
JHIU
26
Janus Henderson Investors US
Colorado
$104M -$27.8M -2,558,728 -23%
PTC
27
Provident Trust Company
Wisconsin
$104M -$933K -85,812 -1%
MCI
28
McDonald Capital Investors
California
$103M +$140K +12,860 +0.2%
DDC
29
DF Dent & Co
Maryland
$103M -$21.4M -1,971,460 -19%
RP
30
Riverbridge Partners
Minnesota
$102M +$4.17M +383,912 +5%
BCM
31
Bares Capital Management
Texas
$95.3M -$1.3M -119,328 -2%
MA
32
Marshfield Associates
District of Columbia
$94.8M +$843K +77,520 +1%
Massachusetts Financial Services
33
Massachusetts Financial Services
Massachusetts
$89.9M -$292K -26,856 -0.4%
Principal Financial Group
34
Principal Financial Group
Iowa
$88.8M -$3.73M -343,440 -5%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$85.7M -$961K -88,392 -1%
HFS
36
HL Financial Services
Kentucky
$79.9M +$5.73M +527,420 +9%
TCIM
37
TIAA CREF Investment Management
New York
$76.4M +$11.8M +1,084,108 +21%
Wells Fargo
38
Wells Fargo
California
$75.1M -$5.34M -491,396 -7%
TCM
39
TimesSquare Capital Management
New York
$65.2M -$32M -2,947,200 -36%
Baird Financial Group
40
Baird Financial Group
Wisconsin
$57.1M -$1.53M -140,388 -3%
Legal & General Group
41
Legal & General Group
United Kingdom
$55.6M +$857K +78,868 +2%
Mitsubishi UFJ Trust & Banking
42
Mitsubishi UFJ Trust & Banking
Japan
$54.5M +$121K +11,088 +0.2%
Charles Schwab
43
Charles Schwab
California
$54M +$4.76M +438,164 +11%
CIM
44
Confluence Investment Management
Missouri
$51M +$1.36M +124,768 +3%
UBS AM
45
UBS AM
Illinois
$50.6M -$7.83M -720,748 -15%
ACM
46
Argent Capital Management
Missouri
$48.2M +$42.8M +3,936,460 New
TAM
47
Tiverton Asset Management
Delaware
$47.3M -$3.69M -339,292 -8%
RJA
48
Raymond James & Associates
Florida
$47.1M +$6.02M +553,768 +17%
ACM
49
Alta Capital Management
Utah
$46M +$8.61M +792,412 +27%
Lord, Abbett & Co
50
Lord, Abbett & Co
New Jersey
$45.4M +$40.3M +3,709,732 New

FAST Hedge Fund Activity: Q1 2016 in Review

597 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2016, worth a combined $12.4B — up 2.1% from $12.1B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new FAST positions and 46 closed out — a net gain of 36 holders — while 225 added to existing stakes and 197 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $134M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $226M.

  • 597 institutional investors held Fastenal (FAST) as of Q1 2016, up from 566 in Q4 2015.
  • Funds reported $12.4B of Fastenal stock for Q1 2016, up 2.1% quarter-over-quarter.
  • 82 funds opened new Fastenal positions in Q1 2016 and 46 closed out, a net change of +36 holders.
  • The largest Fastenal buyer in Q1 2016 was Royal London Asset Management, an estimated $134M added.
  • The largest Fastenal seller in Q1 2016 was Ruane, Cunniff & Goldfarb, an estimated $226M sold.

Based on aggregated 13F filings for Q1 2016.