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Fastenal

1,150 hedge funds and large institutions have $29.3B invested in Fastenal in 2024 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 426 increasing their positions, 435 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $224M | Put options by funds: $156M

2% less repeat investments, than reductions

Existing positions increased: 426 | Existing positions reduced: 435

1.25% less ownership

Funds ownership: 164.12%162.86% (-1.3%)

3% less funds holding

Funds holding: 1,1811,150 (-31)

14% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 109

19% less capital invested

Capital invested by funds: $36.1B → $29.3B (-$6.8B)

43% less funds holding in top 10

Funds holding in top 10: 2112 (-9)

Holders
1,150
Holders Change
-31
Holders Change %
-2.62%
% of All Funds
16.61%
Holding in Top 10
12
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-42.86%
% of All Funds
0.17%
New
94
Increased
426
Reduced
435
Closed
109
Calls
$224M
Puts
$156M
Net Calls
+$68.3M
Net Calls Change
+$54.1M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
26
London Company of Virginia
Virginia
$203M -$49.4M -1,463,056 -18%
ProShare Advisors
27
ProShare Advisors
Maryland
$201M +$6.17M +182,822 +3%
Macquarie Group
28
Macquarie Group
Australia
$199M +$1.28M +37,806 +0.6%
HSBC Holdings
29
HSBC Holdings
United Kingdom
$198M +$42M +1,244,944 +25%
TD Asset Management
30
TD Asset Management
Ontario, Canada
$192M -$12.6M -373,578 -6%
UIM
31
USS Investment Management
United Kingdom
$180M +$167K +4,942 +0.1%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$175M -$33.4M -988,990 -15%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$174M -$40.7M -1,207,844 -18%
PTC
34
Provident Trust Company
Wisconsin
$174M +$208K +6,168 +0.1%
Baillie Gifford & Co
35
Baillie Gifford & Co
United Kingdom
$170M +$3.26M +96,648 +2%
MPI
36
Mairs & Power Inc
Minnesota
$167M -$1.94M -57,566 -1%
DDC
37
DF Dent & Co
Maryland
$162M -$17.5M -519,290 -9%
RP
38
Riverbridge Partners
Minnesota
$141M -$4.1M -121,440 -3%
EIP
39
Epoch Investment Partners
New York
$128M +$6.08M +180,142 +5%
MA
40
Marshfield Associates
District of Columbia
$126M +$750K +22,236 +0.6%
Los Angeles Capital Management
41
Los Angeles Capital Management
California
$117M -$89.3M -2,647,768 -42%
FAM
42
Fenimore Asset Management
New York
$115M +$1.05M +31,040 +0.9%
Deutsche Bank
43
Deutsche Bank
Germany
$112M +$17.7M +525,892 +17%
N
44
Nuveen
North Carolina
$111M -$6.68M -198,106 -5%
UBS Group
45
UBS Group
Switzerland
$110M -$3M -88,926 -2%
CIM
46
Confluence Investment Management
Missouri
$109M -$54M -1,600,878 -32%
Swiss National Bank
47
Swiss National Bank
Switzerland
$107M -$1.08M -32,000 -0.9%
Barclays
48
Barclays
United Kingdom
$102M -$25.5M -754,602 -19%
DWA
49
Douglass Winthrop Advisors
New York
$101M +$688K +20,392 +0.6%
Wells Fargo
50
Wells Fargo
California
$94.6M +$6.25M +185,314 +7%

FAST Hedge Fund Activity: Q2 2024 in Review

1,150 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2024, worth a combined $29.3B — down 19% from $36.1B a quarter earlier.

Sellers outnumbered buyers: 109 funds closed out of FAST and 94 opened new positions — a net loss of 15 holders — while 435 trimmed existing stakes and 426 added.

The largest buyer was Charles Schwab, adding an estimated $97.7M. The largest seller was Mirae Asset Global Investments, cutting an estimated $193M.

  • 1,150 institutional investors held Fastenal (FAST) as of Q2 2024, down from 1,181 in Q1 2024.
  • Funds reported $29.3B of Fastenal stock for Q2 2024, down 19% quarter-over-quarter.
  • 94 funds opened new Fastenal positions in Q2 2024 and 109 closed out, a net change of -15 holders.
  • The largest Fastenal buyer in Q2 2024 was Charles Schwab, an estimated $97.7M added.
  • The largest Fastenal seller in Q2 2024 was Mirae Asset Global Investments, an estimated $193M sold.

Based on aggregated 13F filings for Q2 2024.