Fastenal
FAST
1,120 hedge funds and large institutions have $30.9B invested in Fastenal in 2023 Q4 according to their latest regulatory filings, with 153 funds opening new positions, 376 increasing their positions, 428 reducing their positions, and 55 closing their positions.
178% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 55
24% more capital invested
Capital invested by funds: $25B → $30.9B (+$5.97B)
17% more call options, than puts
Call options by funds: $216M | Put options by funds: $184M
8% more funds holding
Funds holding: 1,033 → 1,120 (+87)
7.79% more ownership
Funds ownership: 159.6% → 167.39% (+7.8%)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
12% less repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 428
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$634M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
+$161M |
| 3 |
Goldman Sachs
New York
|
+$101M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$85.6M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$62.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$74.5M |
| 2 |
Bank of New York Mellon
New York
|
-$49.2M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$35.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$29.5M |
| 5 |
Select Equity Group
New York
|
-$28M |
FAST Hedge Fund Activity: Q4 2023 in Review
1,120 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q4 2023, worth a combined $30.9B — up 24% from $25B a quarter earlier.
Buyers outnumbered sellers: 153 funds opened new FAST positions and 55 closed out — a net gain of 98 holders — while 376 added to existing stakes and 428 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $634M. The largest seller was Ensign Peak Advisors, cutting an estimated $74.5M.
- 1,120 institutional investors held Fastenal (FAST) as of Q4 2023, up from 1,033 in Q3 2023.
- Funds reported $30.9B of Fastenal stock for Q4 2023, up 24% quarter-over-quarter.
- 153 funds opened new Fastenal positions in Q4 2023 and 55 closed out, a net change of +98 holders.
- The largest Fastenal buyer in Q4 2023 was Morgan Stanley, an estimated $634M added.
- The largest Fastenal seller in Q4 2023 was Ensign Peak Advisors, an estimated $74.5M sold.
Based on aggregated 13F filings for Q4 2023.