Fastenal
FAST
784 hedge funds and large institutions have $16.1B invested in Fastenal in 2019 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 273 increasing their positions, 302 reducing their positions, and 63 closing their positions.
48% more call options, than puts
Call options by funds: $105M | Put options by funds: $71M
19% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 63
1% more capital invested
Capital invested by funds: $15.9B → $16.1B (+$118M)
1% more funds holding
Funds holding: 780 → 784 (+4)
10% less repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 302
33% less funds holding in top 10
Funds holding in top 10: 33 → 22 (-11)
175.92% less ownership
Funds ownership: 346.86% → 170.95% (-176%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$188M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$129M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$98M |
| 4 |
BlackRock
New York
|
+$95.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$68.2M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$43.2M |
| 3 |
Bank of New York Mellon
New York
|
-$41.7M |
| 4 |
BAMCO Inc
New York
|
-$36.9M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$36M |
FAST Hedge Fund Activity: Q2 2019 in Review
784 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2019, worth a combined $16.1B — up 0.74% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FAST positions and 63 closed out — a net gain of 12 holders — while 273 added to existing stakes and 302 trimmed.
The largest buyer was Invesco, adding an estimated $188M. The largest seller was Clarkston Capital Partners, exiting entirely with an estimated $68.2M sold.
- 784 institutional investors held Fastenal (FAST) as of Q2 2019, up from 780 in Q1 2019.
- Funds reported $16.1B of Fastenal stock for Q2 2019, up 0.74% quarter-over-quarter.
- 75 funds opened new Fastenal positions in Q2 2019 and 63 closed out, a net change of +12 holders.
- The largest Fastenal buyer in Q2 2019 was Invesco, an estimated $188M added.
- The largest Fastenal seller in Q2 2019 was Clarkston Capital Partners, an estimated $68.2M sold.
Based on aggregated 13F filings for Q2 2019.