Fastenal
FAST
539 hedge funds and large institutions have $10.5B invested in Fastenal in 2015 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 201 increasing their positions, 161 reducing their positions, and 58 closing their positions.
57% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 58
25% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 161
5% more funds holding
Funds holding: 512 → 539 (+27)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
28% less capital invested
Capital invested by funds: $14.6B → $10.5B (-$4.1B)
31% less call options, than puts
Call options by funds: $69.2M | Put options by funds: $99.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$121M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
+$103M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$84M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$74.3M |
| 5 |
Renaissance Technologies
New York
|
+$53.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$475M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$285M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$137M |
| 4 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$134M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$108M |
FAST Hedge Fund Activity: Q1 2015 in Review
539 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2015, worth a combined $10.5B — down 28% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new FAST positions and 58 closed out — a net gain of 33 holders — while 201 added to existing stakes and 161 trimmed.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $121M. The largest seller was Ameriprise, cutting an estimated $475M.
- 539 institutional investors held Fastenal (FAST) as of Q1 2015, up from 512 in Q4 2014.
- Funds reported $10.5B of Fastenal stock for Q1 2015, down 28% quarter-over-quarter.
- 91 funds opened new Fastenal positions in Q1 2015 and 58 closed out, a net change of +33 holders.
- The largest Fastenal buyer in Q1 2015 was River Road Asset Management, an estimated $121M added.
- The largest Fastenal seller in Q1 2015 was Ameriprise, an estimated $475M sold.
Based on aggregated 13F filings for Q1 2015.