Fastenal
FAST
1,181 hedge funds and large institutions have $36.1B invested in Fastenal in 2024 Q1 according to their latest regulatory filings, with 138 funds opening new positions, 382 increasing their positions, 482 reducing their positions, and 64 closing their positions.
116% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 64
17% more capital invested
Capital invested by funds: $30.9B → $36.1B (+$5.18B)
5% more funds holding
Funds holding: 1,120 → 1,181 (+61)
6% more call options, than puts
Call options by funds: $253M | Put options by funds: $238M
3.27% less ownership
Funds ownership: 167.39% → 164.12% (-3.3%)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
21% less repeat investments, than reductions
Existing positions increased: 382 | Existing positions reduced: 482
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$287M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$182M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
+$71.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$50.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$48.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$712M |
| 2 |
State Street
Boston,
Massachusetts
|
-$109M |
| 3 |
Bank of New York Mellon
New York
|
-$74M |
| 4 |
Goldman Sachs
New York
|
-$73.2M |
| 5 |
Millennium Management
New York
|
-$66.2M |
FAST Hedge Fund Activity: Q1 2024 in Review
1,181 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2024, worth a combined $36.1B — up 17% from $30.9B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new FAST positions and 64 closed out — a net gain of 74 holders — while 382 added to existing stakes and 482 trimmed.
The largest buyer was Charles Schwab, adding an estimated $287M. The largest seller was Morgan Stanley, cutting an estimated $712M.
- 1,181 institutional investors held Fastenal (FAST) as of Q1 2024, up from 1,120 in Q4 2023.
- Funds reported $36.1B of Fastenal stock for Q1 2024, up 17% quarter-over-quarter.
- 138 funds opened new Fastenal positions in Q1 2024 and 64 closed out, a net change of +74 holders.
- The largest Fastenal buyer in Q1 2024 was Charles Schwab, an estimated $287M added.
- The largest Fastenal seller in Q1 2024 was Morgan Stanley, an estimated $712M sold.
Based on aggregated 13F filings for Q1 2024.