Fastenal
FAST
640 hedge funds and large institutions have $11.2B invested in Fastenal in 2017 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 255 increasing their positions, 201 reducing their positions, and 64 closing their positions.
45% more call options, than puts
Call options by funds: $107M | Put options by funds: $74M
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
27% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 201
8.98% more ownership
Funds ownership: 333.8% → 342.78% (+9%)
7% more capital invested
Capital invested by funds: $10.5B → $11.2B (+$716M)
6% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 64
1% less funds holding
Funds holding: 644 → 640 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$179M |
| 2 |
O
OppenheimerFunds
New York
|
+$177M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$61.2M |
| 4 |
Bank of New York Mellon
New York
|
+$55.9M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$143M |
| 2 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
-$115M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$81.1M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$45.9M |
| 5 |
Millennium Management
New York
|
-$41.4M |
FAST Hedge Fund Activity: Q3 2017 in Review
640 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q3 2017, worth a combined $11.2B — up 6.8% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new FAST positions and 64 closed out — a net gain of 4 holders — while 255 added to existing stakes and 201 trimmed.
The largest buyer was Route One Investment Company, opening a new position worth an estimated $179M. The largest seller was Wellington Management Group, cutting an estimated $143M.
- 640 institutional investors held Fastenal (FAST) as of Q3 2017, down from 644 in Q2 2017.
- Funds reported $11.2B of Fastenal stock for Q3 2017, up 6.8% quarter-over-quarter.
- 68 funds opened new Fastenal positions in Q3 2017 and 64 closed out, a net change of +4 holders.
- The largest Fastenal buyer in Q3 2017 was Route One Investment Company, an estimated $179M added.
- The largest Fastenal seller in Q3 2017 was Wellington Management Group, an estimated $143M sold.
Based on aggregated 13F filings for Q3 2017.