Fastenal
FAST
750 hedge funds and large institutions have $14.4B invested in Fastenal in 2018 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 234 increasing their positions, 290 reducing their positions, and 45 closing their positions.
82% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 45
67% more funds holding in top 10
Funds holding in top 10: 15 → 25 (+10)
19% more capital invested
Capital invested by funds: $12B → $14.4B (+$2.33B)
4% more funds holding
Funds holding: 719 → 750 (+31)
6% less call options, than puts
Call options by funds: $95.7M | Put options by funds: $102M
2.43% less ownership
Funds ownership: 347.2% → 344.77% (-2.4%)
19% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 290
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$79.3M |
| 2 |
Millennium Management
New York
|
+$77M |
| 3 |
D.E. Shaw & Co
New York
|
+$55.2M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$53.4M |
| 5 |
PPC
Park Presidio Capital
San Francisco,
California
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$366M |
| 2 |
Goldman Sachs
New York
|
-$53.7M |
| 3 |
O
OppenheimerFunds
New York
|
-$36M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.1M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$21.2M |
FAST Hedge Fund Activity: Q3 2018 in Review
750 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q3 2018, worth a combined $14.4B — up 19% from $12B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new FAST positions and 45 closed out — a net gain of 37 holders — while 234 added to existing stakes and 290 trimmed.
The largest buyer was Jupiter Investment Management, adding an estimated $79.3M. The largest seller was JP Morgan Chase, cutting an estimated $366M.
- 750 institutional investors held Fastenal (FAST) as of Q3 2018, up from 719 in Q2 2018.
- Funds reported $14.4B of Fastenal stock for Q3 2018, up 19% quarter-over-quarter.
- 82 funds opened new Fastenal positions in Q3 2018 and 45 closed out, a net change of +37 holders.
- The largest Fastenal buyer in Q3 2018 was Jupiter Investment Management, an estimated $79.3M added.
- The largest Fastenal seller in Q3 2018 was JP Morgan Chase, an estimated $366M sold.
Based on aggregated 13F filings for Q3 2018.