Fastenal
FAST
514 hedge funds and large institutions have $11.5B invested in Fastenal in 2014 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 180 increasing their positions, 183 reducing their positions, and 34 closing their positions.
53% more call options, than puts
Call options by funds: $81.6M | Put options by funds: $53.1M
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
2% more funds holding
Funds holding: 505 → 514 (+9)
2% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 183
9% less capital invested
Capital invested by funds: $12.7B → $11.5B (-$1.15B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$150M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$124M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$82M |
| 4 |
MCI
McDonald Capital Investors
Orinda,
California
|
+$41.2M |
| 5 |
MA
Marshfield Associates
Washington,
District of Columbia
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$236M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$89.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$78.4M |
| 4 |
GBCP
Glade Brook Capital Partners
Greenwich,
Connecticut
|
-$57.1M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$43.8M |
FAST Hedge Fund Activity: Q3 2014 in Review
514 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q3 2014, worth a combined $11.5B — down 9% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new FAST positions and 34 closed out — a net gain of 15 holders — while 180 added to existing stakes and 183 trimmed.
The largest buyer was Ruane, Cunniff & Goldfarb, adding an estimated $150M. The largest seller was T. Rowe Price Associates, cutting an estimated $236M.
- 514 institutional investors held Fastenal (FAST) as of Q3 2014, up from 505 in Q2 2014.
- Funds reported $11.5B of Fastenal stock for Q3 2014, down 9% quarter-over-quarter.
- 49 funds opened new Fastenal positions in Q3 2014 and 34 closed out, a net change of +15 holders.
- The largest Fastenal buyer in Q3 2014 was Ruane, Cunniff & Goldfarb, an estimated $150M added.
- The largest Fastenal seller in Q3 2014 was T. Rowe Price Associates, an estimated $236M sold.
Based on aggregated 13F filings for Q3 2014.