Fastenal
FAST
901 hedge funds and large institutions have $20.3B invested in Fastenal in 2020 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 317 increasing their positions, 336 reducing their positions, and 48 closing their positions.
88% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 48
79% more call options, than puts
Call options by funds: $119M | Put options by funds: $66.6M
4% more funds holding
Funds holding: 865 → 901 (+36)
5% more capital invested
Capital invested by funds: $19.3B → $20.3B (+$948M)
0.48% less ownership
Funds ownership: 157.44% → 156.95% (-0.48%)
6% less repeat investments, than reductions
Existing positions increased: 317 | Existing positions reduced: 336
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$86.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$66.8M |
| 3 |
Morgan Stanley
New York
|
+$60M |
| 4 |
D.E. Shaw & Co
New York
|
+$59.6M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$52.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$147M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$107M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$78.6M |
| 4 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$57.3M |
| 5 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$43.7M |
FAST Hedge Fund Activity: Q3 2020 in Review
901 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q3 2020, worth a combined $20.3B — up 4.9% from $19.3B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new FAST positions and 48 closed out — a net gain of 42 holders — while 317 added to existing stakes and 336 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $86.9M. The largest seller was Bank of America, cutting an estimated $147M.
- 901 institutional investors held Fastenal (FAST) as of Q3 2020, up from 865 in Q2 2020.
- Funds reported $20.3B of Fastenal stock for Q3 2020, up 4.9% quarter-over-quarter.
- 90 funds opened new Fastenal positions in Q3 2020 and 48 closed out, a net change of +42 holders.
- The largest Fastenal buyer in Q3 2020 was CIBC Private Wealth Group, an estimated $86.9M added.
- The largest Fastenal seller in Q3 2020 was Bank of America, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2020.