Fastenal
FAST
865 hedge funds and large institutions have $19.3B invested in Fastenal in 2020 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 295 increasing their positions, 305 reducing their positions, and 65 closing their positions.
85% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 65
32% more capital invested
Capital invested by funds: $14.6B → $19.3B (+$4.73B)
28% more call options, than puts
Call options by funds: $103M | Put options by funds: $80.7M
6% more funds holding
Funds holding: 814 → 865 (+51)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
3% less repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 305
5.06% less ownership
Funds ownership: 162.49% → 157.44% (-5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$77M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$66M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$58.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$35M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$180M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$147M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$91.8M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$87.7M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$87M |
FAST Hedge Fund Activity: Q2 2020 in Review
865 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2020, worth a combined $19.3B — up 32% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new FAST positions and 65 closed out — a net gain of 55 holders — while 295 added to existing stakes and 305 trimmed.
The largest buyer was Invesco, adding an estimated $77M. The largest seller was Route One Investment Company, cutting an estimated $180M.
- 865 institutional investors held Fastenal (FAST) as of Q2 2020, up from 814 in Q1 2020.
- Funds reported $19.3B of Fastenal stock for Q2 2020, up 32% quarter-over-quarter.
- 120 funds opened new Fastenal positions in Q2 2020 and 65 closed out, a net change of +55 holders.
- The largest Fastenal buyer in Q2 2020 was Invesco, an estimated $77M added.
- The largest Fastenal seller in Q2 2020 was Route One Investment Company, an estimated $180M sold.
Based on aggregated 13F filings for Q2 2020.