Fastenal
FAST
1,016 hedge funds and large institutions have $24.4B invested in Fastenal in 2023 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 366 increasing their positions, 370 reducing their positions, and 71 closing their positions.
61% more call options, than puts
Call options by funds: $130M | Put options by funds: $80.8M
60% more funds holding in top 10
Funds holding in top 10: 15 → 24 (+9)
21% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 71
14% more capital invested
Capital invested by funds: $21.5B → $24.4B (+$2.95B)
1% more ownership
Funds ownership: 157.85% → 158.85% (+1%)
0% less funds holding
Funds holding: 1,017 → 1,016 (-1)
1% less repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 370
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
+$71M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$56.8M |
| 3 |
Select Equity Group
New York
|
+$47.8M |
| 4 |
Goldman Sachs
New York
|
+$46.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$66.5M |
| 2 |
Morgan Stanley
New York
|
-$44.7M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$38.5M |
| 4 |
Man Group
London,
United Kingdom
|
-$37.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$34.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1076
Comerica Securities
Detroit,
Michigan
| – | -$13.9K | -588 | Closed |
|
|
GIA
1077
GHP Investment Advisors
Denver,
Colorado
| – | -$12.4K | -524 | Closed |
|
|
PWS
1078
Paragon Wealth Strategies
Jacksonville,
Florida
| – | -$12.4K | -524 | Closed |
|
|
GI
1079
Gradient Investments
Arden Hills,
Minnesota
| – | -$9.46K | -400 | Closed |
|
|
DWP
1080
Destiny Wealth Partners
Tavares,
Florida
| – | -$8.61K | -364 | Closed |
|
|
SSG
1081
Summit Securities Group
New York
| – | -$5K | -200 | Closed |
|
1082
First Manhattan
New York
| – | -$4.4K | -186 | Closed |
|
|
MWM
1083
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$2.46K | -96 | Closed |
|
|
MPCL
1084
My Personal CFO LLC
Vancouver,
Washington
| – | -$1.75K | -74 | Closed |
|
|
EE
1085
EWG Elevate
Roseville,
California
| – | -$568 | -24 | Closed |
|
|
LWP
1086
Laurel Wealth Planning
Edina,
Minnesota
| – | -$379 | -16 | Closed |
|
FAST Hedge Fund Activity: Q1 2023 in Review
1,016 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2023, worth a combined $24.4B — up 14% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FAST positions and 71 closed out — a net gain of 15 holders — while 366 added to existing stakes and 370 trimmed.
The largest buyer was Los Angeles Capital Management, adding an estimated $71M. The largest seller was Millennium Management, cutting an estimated $66.5M.
- 1,016 institutional investors held Fastenal (FAST) as of Q1 2023, down from 1,017 in Q4 2022.
- Funds reported $24.4B of Fastenal stock for Q1 2023, up 14% quarter-over-quarter.
- 86 funds opened new Fastenal positions in Q1 2023 and 71 closed out, a net change of +15 holders.
- The largest Fastenal buyer in Q1 2023 was Los Angeles Capital Management, an estimated $71M added.
- The largest Fastenal seller in Q1 2023 was Millennium Management, an estimated $66.5M sold.
Based on aggregated 13F filings for Q1 2023.