Fastenal
FAST
505 hedge funds and large institutions have $12.7B invested in Fastenal in 2014 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 179 increasing their positions, 185 reducing their positions, and 35 closing their positions.
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
3% more call options, than puts
Call options by funds: $112M | Put options by funds: $109M
0% more funds holding
Funds holding: 504 → 505 (+1)
1% less capital invested
Capital invested by funds: $12.9B → $12.7B (-$193M)
3% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 185
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$97.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.8M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$24.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.7M |
| 5 |
JP Morgan Chase
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$222M |
| 2 |
MA
Marshfield Associates
Washington,
District of Columbia
|
-$36.7M |
| 3 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
-$28.6M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$25.5M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$23.2M |
FAST Hedge Fund Activity: Q2 2014 in Review
505 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2014, worth a combined $12.7B — down 1.5% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FAST positions and 35 closed out — a net gain of 5 holders — while 179 added to existing stakes and 185 trimmed.
The largest buyer was Norges Bank, adding an estimated $97.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $222M.
- 505 institutional investors held Fastenal (FAST) as of Q2 2014, up from 504 in Q1 2014.
- Funds reported $12.7B of Fastenal stock for Q2 2014, down 1.5% quarter-over-quarter.
- 40 funds opened new Fastenal positions in Q2 2014 and 35 closed out, a net change of +5 holders.
- The largest Fastenal buyer in Q2 2014 was Norges Bank, an estimated $97.2M added.
- The largest Fastenal seller in Q2 2014 was T. Rowe Price Associates, an estimated $222M sold.
Based on aggregated 13F filings for Q2 2014.