Fastenal
FAST
597 hedge funds and large institutions have $12.4B invested in Fastenal in 2016 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 225 increasing their positions, 197 reducing their positions, and 46 closing their positions.
78% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 46
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
14% more repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 197
5% more funds holding
Funds holding: 566 → 597 (+31)
2% more capital invested
Capital invested by funds: $12.1B → $12.4B (+$257M)
16% less call options, than puts
Call options by funds: $93.9M | Put options by funds: $112M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$134M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$106M |
| 3 |
Morgan Stanley
New York
|
+$58.7M |
| 4 |
ACM
Argent Capital Management
St Louis,
Missouri
|
+$42.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$226M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$95.3M |
| 3 |
AWM
Ashmore Wealth Management
Wilmington,
Delaware
|
-$70.8M |
| 4 |
BAMCO Inc
New York
|
-$39.6M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$37.9M |
FAST Hedge Fund Activity: Q1 2016 in Review
597 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2016, worth a combined $12.4B — up 2.1% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new FAST positions and 46 closed out — a net gain of 36 holders — while 225 added to existing stakes and 197 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $134M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $226M.
- 597 institutional investors held Fastenal (FAST) as of Q1 2016, up from 566 in Q4 2015.
- Funds reported $12.4B of Fastenal stock for Q1 2016, up 2.1% quarter-over-quarter.
- 82 funds opened new Fastenal positions in Q1 2016 and 46 closed out, a net change of +36 holders.
- The largest Fastenal buyer in Q1 2016 was Royal London Asset Management, an estimated $134M added.
- The largest Fastenal seller in Q1 2016 was Ruane, Cunniff & Goldfarb, an estimated $226M sold.
Based on aggregated 13F filings for Q1 2016.