Fastenal
FAST
643 hedge funds and large institutions have $12.3B invested in Fastenal in 2017 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 232 increasing their positions, 249 reducing their positions, and 52 closing their positions.
39% more call options, than puts
Call options by funds: $87.5M | Put options by funds: $63.1M
31% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 52
10% more capital invested
Capital invested by funds: $11.2B → $12.3B (+$1.14B)
1% more funds holding
Funds holding: 638 → 643 (+5)
7% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 249
1.39% less ownership
Funds ownership: 333.17% → 331.78% (-1.4%)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$848M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.5M |
| 4 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
+$54.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$247M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$67.3M |
| 3 |
BAMCO Inc
New York
|
-$48.6M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$41.8M |
| 5 |
Select Equity Group
New York
|
-$41.2M |
FAST Hedge Fund Activity: Q1 2017 in Review
643 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2017, worth a combined $12.3B — up 10% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new FAST positions and 52 closed out — a net gain of 16 holders — while 232 added to existing stakes and 249 trimmed.
The largest buyer was BlackRock, adding an estimated $848M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $247M.
- 643 institutional investors held Fastenal (FAST) as of Q1 2017, up from 638 in Q4 2016.
- Funds reported $12.3B of Fastenal stock for Q1 2017, up 10% quarter-over-quarter.
- 68 funds opened new Fastenal positions in Q1 2017 and 52 closed out, a net change of +16 holders.
- The largest Fastenal buyer in Q1 2017 was BlackRock, an estimated $848M added.
- The largest Fastenal seller in Q1 2017 was Ruane, Cunniff & Goldfarb, an estimated $247M sold.
Based on aggregated 13F filings for Q1 2017.