Fastenal
FAST
780 hedge funds and large institutions have $15.9B invested in Fastenal in 2019 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 243 increasing their positions, 306 reducing their positions, and 58 closing their positions.
59% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 58
41% more call options, than puts
Call options by funds: $121M | Put options by funds: $85.8M
24% more capital invested
Capital invested by funds: $12.9B → $15.9B (+$3.06B)
22% more funds holding in top 10
Funds holding in top 10: 27 → 33 (+6)
3% more funds holding
Funds holding: 754 → 780 (+26)
0.36% more ownership
Funds ownership: 346.5% → 346.86% (+0.36%)
21% less repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 306
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$243M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$46.9M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$35.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$35.6M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$78.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$53.2M |
| 3 |
Millennium Management
New York
|
-$50.1M |
| 4 |
ACM
Alta Capital Management
Salt Lake City,
Utah
|
-$43M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$32.8M |
FAST Hedge Fund Activity: Q1 2019 in Review
780 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2019, worth a combined $15.9B — up 24% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new FAST positions and 58 closed out — a net gain of 34 holders — while 243 added to existing stakes and 306 trimmed.
The largest buyer was State Street, adding an estimated $243M. The largest seller was Fidelity Investments, cutting an estimated $78.9M.
- 780 institutional investors held Fastenal (FAST) as of Q1 2019, up from 754 in Q4 2018.
- Funds reported $15.9B of Fastenal stock for Q1 2019, up 24% quarter-over-quarter.
- 92 funds opened new Fastenal positions in Q1 2019 and 58 closed out, a net change of +34 holders.
- The largest Fastenal buyer in Q1 2019 was State Street, an estimated $243M added.
- The largest Fastenal seller in Q1 2019 was Fidelity Investments, an estimated $78.9M sold.
Based on aggregated 13F filings for Q1 2019.