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Fastenal

719 hedge funds and large institutions have $12B invested in Fastenal in 2018 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 259 increasing their positions, 261 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $98.8M | Put options by funds: $69.1M

0.03% more ownership

Funds ownership: 347.17%347.2% (+0.03%)

1% less repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 261

1% less funds holding

Funds holding: 726719 (-7)

4% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 69

12% less capital invested

Capital invested by funds: $13.6B → $12B (-$1.59B)

52% less funds holding in top 10

Funds holding in top 10: 3115 (-16)

Holders
719
Holders Change
-7
Holders Change %
-0.96%
% of All Funds
16.46%
Holding in Top 10
15
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-51.61%
% of All Funds
0.34%
New
66
Increased
259
Reduced
261
Closed
69
Calls
$98.8M
Puts
$69.1M
Net Calls
+$29.7M
Net Calls Change
-$5.04M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.55B +$8.9M +687,856 +0.5%
BlackRock
2
BlackRock
New York
$930M +$13.9M +1,074,456 +1%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$701M -$88.5M -6,834,592 -10%
State Street
4
State Street
Massachusetts
$541M -$11.5M -891,936 -2%
JP Morgan Chase
5
JP Morgan Chase
New York
$412M -$67M -5,178,084 -13%
ROIC
6
Route One Investment Company
California
$372M +$113M +8,724,744 +39%
O
7
OppenheimerFunds
New York
$273M +$14.6M +1,128,080 +5%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$207M -$129M -9,969,416 -37%
BCM
9
Bares Capital Management
Texas
$188M +$8.35M +645,220 +4%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$183M +$4.49M +346,636 +2%
Invesco
11
Invesco
Georgia
$181M +$41.7M +3,224,596 +27%
Northern Trust
12
Northern Trust
Illinois
$165M +$5.62M +433,944 +3%
WRF
13
Waddell & Reed Financial
Kansas
$164M -$1.5M -115,652 -0.8%
CCM
14
Cantillon Capital Management
New York
$154M +$166M +12,804,824 New
Goldman Sachs
15
Goldman Sachs
New York
$148M -$21.8M -1,682,316 -12%
MPI
16
Mairs & Power Inc
Minnesota
$142M -$3.02M -233,316 -2%
Norges Bank
17
Norges Bank
Norway
$127M -$8.65M -668,332 -6%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$121M +$19.4M +1,495,956 +17%
RJA
19
Raymond James & Associates
Florida
$120M -$8.36M -645,760 -6%
CIM
20
Confluence Investment Management
Missouri
$119M +$7.51M +580,372 +6%
DDC
21
DF Dent & Co
Maryland
$114M +$13.6M +1,048,576 +12%
Principal Financial Group
22
Principal Financial Group
Iowa
$114M -$2.54M -196,240 -2%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$110M -$7.28M -562,464 -6%
William Blair & Company
24
William Blair & Company
Illinois
$106M -$16.4M -1,266,200 -13%
Morgan Stanley
25
Morgan Stanley
New York
$105M +$29.5M +2,279,344 +35%

FAST Hedge Fund Activity: Q2 2018 in Review

719 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2018, worth a combined $12B — down 12% from $13.6B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of FAST and 66 opened new positions — a net loss of 3 holders — while 261 trimmed existing stakes and 259 added.

The largest buyer was Cantillon Capital Management, opening a new position worth an estimated $166M. The largest seller was Wellington Management Group, cutting an estimated $129M.

  • 719 institutional investors held Fastenal (FAST) as of Q2 2018, down from 726 in Q1 2018.
  • Funds reported $12B of Fastenal stock for Q2 2018, down 12% quarter-over-quarter.
  • 66 funds opened new Fastenal positions in Q2 2018 and 69 closed out, a net change of -3 holders.
  • The largest Fastenal buyer in Q2 2018 was Cantillon Capital Management, an estimated $166M added.
  • The largest Fastenal seller in Q2 2018 was Wellington Management Group, an estimated $129M sold.

Based on aggregated 13F filings for Q2 2018.