Fastenal
FAST
574 hedge funds and large institutions have $9.34B invested in Fastenal in 2016 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 223 increasing their positions, 215 reducing their positions, and 61 closing their positions.
15% more call options, than puts
Call options by funds: $68.1M | Put options by funds: $59.1M
4% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 215
5% less funds holding
Funds holding: 605 → 574 (-31)
12% less capital invested
Capital invested by funds: $10.7B → $9.34B (-$1.32B)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
36% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.1M |
| 2 |
D.E. Shaw & Co
New York
|
+$62.2M |
| 3 |
Renaissance Technologies
New York
|
+$47M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$35.3M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$304M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$296M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$185M |
| 4 |
AWM
Ashmore Wealth Management
Wilmington,
Delaware
|
-$66.8M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$48.7M |
FAST Hedge Fund Activity: Q3 2016 in Review
574 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q3 2016, worth a combined $9.34B — down 12% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of FAST and 39 opened new positions — a net loss of 22 holders — while 215 trimmed existing stakes and 223 added.
The largest buyer was Wellington Management Group, adding an estimated $78.1M. The largest seller was Polen Capital Management, cutting an estimated $304M.
- 574 institutional investors held Fastenal (FAST) as of Q3 2016, down from 605 in Q2 2016.
- Funds reported $9.34B of Fastenal stock for Q3 2016, down 12% quarter-over-quarter.
- 39 funds opened new Fastenal positions in Q3 2016 and 61 closed out, a net change of -22 holders.
- The largest Fastenal buyer in Q3 2016 was Wellington Management Group, an estimated $78.1M added.
- The largest Fastenal seller in Q3 2016 was Polen Capital Management, an estimated $304M sold.
Based on aggregated 13F filings for Q3 2016.