Fastenal
FAST
638 hedge funds and large institutions have $11.2B invested in Fastenal in 2016 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 228 increasing their positions, 199 reducing their positions, and 50 closing their positions.
333.17% more ownership
Funds ownership: 0% → 333.17% (+333%)
146% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 50
83% more funds holding in top 10
Funds holding in top 10: 12 → 22 (+10)
22% more call options, than puts
Call options by funds: $95.9M | Put options by funds: $78.6M
20% more capital invested
Capital invested by funds: $9.34B → $11.2B (+$1.87B)
15% more repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 199
11% more funds holding
Funds holding: 574 → 638 (+64)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$290M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$116M |
| 3 |
EC
EcoR1 Capital
San Francisco,
California
|
+$111M |
| 4 |
WP
Wedgewood Partners
St Louis,
Missouri
|
+$109M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$63.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$90.6M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$83.9M |
| 3 |
Morgan Stanley
New York
|
-$69.7M |
| 4 |
Renaissance Technologies
New York
|
-$66.5M |
| 5 |
Bank of New York Mellon
New York
|
-$63.5M |
FAST Hedge Fund Activity: Q4 2016 in Review
638 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q4 2016, worth a combined $11.2B — up 20% from $9.34B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new FAST positions and 50 closed out — a net gain of 73 holders — while 228 added to existing stakes and 199 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $290M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $90.6M.
- 638 institutional investors held Fastenal (FAST) as of Q4 2016, up from 574 in Q3 2016.
- Funds reported $11.2B of Fastenal stock for Q4 2016, up 20% quarter-over-quarter.
- 123 funds opened new Fastenal positions in Q4 2016 and 50 closed out, a net change of +73 holders.
- The largest Fastenal buyer in Q4 2016 was Wellington Management Group, an estimated $290M added.
- The largest Fastenal seller in Q4 2016 was Ruane, Cunniff & Goldfarb, an estimated $90.6M sold.
Based on aggregated 13F filings for Q4 2016.