Fastenal
FAST
504 hedge funds and large institutions have $12.9B invested in Fastenal in 2014 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 198 increasing their positions, 158 reducing their positions, and 51 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
37% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 51
25% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 158
8% more capital invested
Capital invested by funds: $11.9B → $12.9B (+$960M)
2% more funds holding
Funds holding: 493 → 504 (+11)
59% less call options, than puts
Call options by funds: $93.6M | Put options by funds: $228M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$389M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$117M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$110M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$84.2M |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$566M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$63.5M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$32.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$26.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$25.6M |
FAST Hedge Fund Activity: Q1 2014 in Review
504 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2014, worth a combined $12.9B — up 8.1% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FAST positions and 51 closed out — a net gain of 19 holders — while 198 added to existing stakes and 158 trimmed.
The largest buyer was Brown Advisory, adding an estimated $389M. The largest seller was T. Rowe Price Associates, cutting an estimated $566M.
- 504 institutional investors held Fastenal (FAST) as of Q1 2014, up from 493 in Q4 2013.
- Funds reported $12.9B of Fastenal stock for Q1 2014, up 8.1% quarter-over-quarter.
- 70 funds opened new Fastenal positions in Q1 2014 and 51 closed out, a net change of +19 holders.
- The largest Fastenal buyer in Q1 2014 was Brown Advisory, an estimated $389M added.
- The largest Fastenal seller in Q1 2014 was T. Rowe Price Associates, an estimated $566M sold.
Based on aggregated 13F filings for Q1 2014.