Fastenal
FAST
755 hedge funds and large institutions have $13B invested in Fastenal in 2018 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 259 increasing their positions, 264 reducing their positions, and 76 closing their positions.
16% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 76
8% more funds holding in top 10
Funds holding in top 10: 25 → 27 (+2)
1.8% more ownership
Funds ownership: 344.7% → 346.5% (+1.8%)
1% more funds holding
Funds holding: 750 → 755 (+5)
2% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 264
10% less capital invested
Capital invested by funds: $14.4B → $13B (-$1.37B)
27% less call options, than puts
Call options by funds: $89.5M | Put options by funds: $122M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$255M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$174M |
| 3 |
PG
Pendal Group
Sydney,
Australia
|
+$63.5M |
| 4 |
Bank of New York Mellon
New York
|
+$61.4M |
| 5 |
Barclays
London,
United Kingdom
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$100M |
| 2 |
JP Morgan Chase
New York
|
-$98.8M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$81M |
| 4 |
Neuberger Berman Group
New York
|
-$55.2M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$52M |
FAST Hedge Fund Activity: Q4 2018 in Review
755 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q4 2018, worth a combined $13B — down 9.5% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new FAST positions and 76 closed out — a net gain of 12 holders — while 259 added to existing stakes and 264 trimmed.
The largest buyer was Bank of America, adding an estimated $255M. The largest seller was Janus Henderson Group, cutting an estimated $100M.
- 755 institutional investors held Fastenal (FAST) as of Q4 2018, up from 750 in Q3 2018.
- Funds reported $13B of Fastenal stock for Q4 2018, down 9.5% quarter-over-quarter.
- 88 funds opened new Fastenal positions in Q4 2018 and 76 closed out, a net change of +12 holders.
- The largest Fastenal buyer in Q4 2018 was Bank of America, an estimated $255M added.
- The largest Fastenal seller in Q4 2018 was Janus Henderson Group, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2018.