Fastenal
FAST
814 hedge funds and large institutions have $14.6B invested in Fastenal in 2020 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 233 increasing their positions, 357 reducing their positions, and 103 closing their positions.
25% more call options, than puts
Call options by funds: $65.8M | Put options by funds: $52.6M
10% more funds holding in top 10
Funds holding in top 10: 20 → 22 (+2)
1.89% less ownership
Funds ownership: 164.38% → 162.49% (-1.9%)
4% less funds holding
Funds holding: 847 → 814 (-33)
16% less capital invested
Capital invested by funds: $17.4B → $14.6B (-$2.82B)
24% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 103
35% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 357
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$115M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$98M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.5M |
| 4 |
BlackRock
New York
|
+$55.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$48.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$143M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$120M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$64.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$45.7M |
| 5 |
Bank of New York Mellon
New York
|
-$42.8M |
FAST Hedge Fund Activity: Q1 2020 in Review
814 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q1 2020, worth a combined $14.6B — down 16% from $17.4B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of FAST and 78 opened new positions — a net loss of 25 holders — while 357 trimmed existing stakes and 233 added.
The largest buyer was Franklin Resources, adding an estimated $115M. The largest seller was Invesco, cutting an estimated $143M.
- 814 institutional investors held Fastenal (FAST) as of Q1 2020, down from 847 in Q4 2019.
- Funds reported $14.6B of Fastenal stock for Q1 2020, down 16% quarter-over-quarter.
- 78 funds opened new Fastenal positions in Q1 2020 and 103 closed out, a net change of -25 holders.
- The largest Fastenal buyer in Q1 2020 was Franklin Resources, an estimated $115M added.
- The largest Fastenal seller in Q1 2020 was Invesco, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2020.