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Fastenal

643 hedge funds and large institutions have $10.5B invested in Fastenal in 2017 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 261 increasing their positions, 210 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more repeat investments, than reductions

Existing positions increased: 261 | Existing positions reduced: 210

2.02% more ownership

Funds ownership: 331.78%333.8% (+2%)

7% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 69

7% more call options, than puts

Call options by funds: $80M | Put options by funds: $74.7M

0% more funds holding

Funds holding: 643643 (0)

15% less capital invested

Capital invested by funds: $12.3B → $10.5B (-$1.84B)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

Holders
643
Holders Change
Holders Change %
0%
% of All Funds
16.03%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.4%
New
74
Increased
261
Reduced
210
Closed
69
Calls
$80M
Puts
$74.7M
Net Calls
+$5.32M
Net Calls Change
-$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.37B +$42.3M +3,773,048 +3%
BlackRock
2
BlackRock
New York
$775M +$15.1M +1,347,572 +2%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$650M -$5.71M -508,744 -0.8%
State Street
4
State Street
Massachusetts
$516M -$9.97M -887,928 -2%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$504M -$82.9M -7,389,380 -14%
Northern Trust
6
Northern Trust
Illinois
$195M -$2.64M -235,356 -1%
WRF
7
Waddell & Reed Financial
Kansas
$179M -$827K -73,688 -0.4%
Bank of America
8
Bank of America
North Carolina
$171M +$2.26M +201,276 +1%
BCM
9
Bares Capital Management
Texas
$156M +$15.8M +1,411,376 +11%
WP
10
Wedgewood Partners
Missouri
$151M +$52.5M +4,673,396 +51%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$143M +$4.26M +379,276 +3%
Invesco
12
Invesco
Georgia
$134M -$11.7M -1,039,920 -8%
BG
13
Bahl & Gaynor
Ohio
$134M -$4.48M -399,252 -3%
William Blair & Company
14
William Blair & Company
Illinois
$125M -$124K -11,076 -0.1%
Goldman Sachs
15
Goldman Sachs
New York
$119M +$6.42M +571,836 +6%
Principal Financial Group
16
Principal Financial Group
Iowa
$109M +$5.47M +487,636 +5%
MPI
17
Mairs & Power Inc
Minnesota
$106M +$15.3M +1,362,112 +16%
CIM
18
Confluence Investment Management
Missouri
$104M +$29.4M +2,620,640 +38%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$102M -$24M -2,138,980 -19%
Norges Bank
20
Norges Bank
Norway
$96.3M +$8M +712,788 +9%
MCI
21
McDonald Capital Investors
California
$95M +$630K +56,120 +0.6%
Millennium Management
22
Millennium Management
New York
$91.9M +$71.9M +6,402,944 +314%
Morgan Stanley
23
Morgan Stanley
New York
$91.3M +$46.8M +4,172,384 +99%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$90.4M +$35.1M +3,124,284 +60%
TG
25
TCW Group
California
$88.4M +$17.8M +1,587,936 +24%

FAST Hedge Fund Activity: Q2 2017 in Review

643 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2017, worth a combined $10.5B — down 15% from $12.3B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new FAST positions and 69 closed out — a net gain of 5 holders — while 261 added to existing stakes and 210 trimmed.

The largest buyer was Millennium Management, adding an estimated $71.9M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $200M.

  • 643 institutional investors held Fastenal (FAST) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $10.5B of Fastenal stock for Q2 2017, down 15% quarter-over-quarter.
  • 74 funds opened new Fastenal positions in Q2 2017 and 69 closed out, a net change of +5 holders.
  • The largest Fastenal buyer in Q2 2017 was Millennium Management, an estimated $71.9M added.
  • The largest Fastenal seller in Q2 2017 was Ruane, Cunniff & Goldfarb, an estimated $200M sold.

Based on aggregated 13F filings for Q2 2017.