Fastenal
FAST
719 hedge funds and large institutions have $12B invested in Fastenal in 2018 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 260 increasing their positions, 260 reducing their positions, and 69 closing their positions.
43% more call options, than puts
Call options by funds: $98.8M | Put options by funds: $69.1M
0.09% more ownership
Funds ownership: 347.02% → 347.11% (+0.09%)
0% more repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 260
6% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 69
1% less funds holding
Funds holding: 727 → 719 (-8)
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: 31 → 15 (-16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
+$166M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$113M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$49.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$41.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$129M |
| 2 |
Bank of New York Mellon
New York
|
-$88.5M |
| 3 |
Jennison Associates
New York
|
-$76M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$71.9M |
| 5 |
JP Morgan Chase
New York
|
-$67M |
FAST Hedge Fund Activity: Q2 2018 in Review
719 of the 4,385 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 65 opened new positions — a net loss of 4 holders — while 260 trimmed existing stakes and 260 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 727 in Q1 2018.
- Funds reported $12B of Fastenal stock for Q2 2018, down 12% quarter-over-quarter.
- 65 funds opened new Fastenal positions in Q2 2018 and 69 closed out, a net change of -4 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.