Fastenal
FAST
1,055 hedge funds and large institutions have $26.9B invested in Fastenal in 2023 Q2 according to their latest regulatory filings, with 109 funds opening new positions, 379 increasing their positions, 364 reducing their positions, and 63 closing their positions.
73% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 63
25% more call options, than puts
Call options by funds: $142M | Put options by funds: $114M
10% more capital invested
Capital invested by funds: $24.5B → $26.9B (+$2.41B)
4% more funds holding
Funds holding: 1,015 → 1,055 (+40)
4% more repeat investments, than reductions
Existing positions increased: 379 | Existing positions reduced: 364
0.87% more ownership
Funds ownership: 158.85% → 159.72% (+0.87%)
4% less funds holding in top 10
Funds holding in top 10: 24 → 23 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$114M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$74.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$57.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$55.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$107M |
| 2 |
Renaissance Technologies
New York
|
-$64.1M |
| 3 |
Bank of New York Mellon
New York
|
-$61.8M |
| 4 |
D.E. Shaw & Co
New York
|
-$53.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$42.5M |
FAST Hedge Fund Activity: Q2 2023 in Review
1,055 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Fastenal (FAST) for Q2 2023, worth a combined $26.9B — up 9.9% from $24.5B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new FAST positions and 63 closed out — a net gain of 46 holders — while 379 added to existing stakes and 364 trimmed.
The largest buyer was Charles Schwab, adding an estimated $114M. The largest seller was Baird Financial Group, cutting an estimated $107M.
- 1,055 institutional investors held Fastenal (FAST) as of Q2 2023, up from 1,015 in Q1 2023.
- Funds reported $26.9B of Fastenal stock for Q2 2023, up 9.9% quarter-over-quarter.
- 109 funds opened new Fastenal positions in Q2 2023 and 63 closed out, a net change of +46 holders.
- The largest Fastenal buyer in Q2 2023 was Charles Schwab, an estimated $114M added.
- The largest Fastenal seller in Q2 2023 was Baird Financial Group, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2023.