Franklin Electric
FELE
234 hedge funds and large institutions have $2.86B invested in Franklin Electric in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 88 reducing their positions, and 23 closing their positions.
85% more call options, than puts
Call options by funds: $979K | Put options by funds: $529K
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
12% more capital invested
Capital invested by funds: $2.55B → $2.86B (+$306M)
3% more funds holding
Funds holding: 227 → 234 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.87% less ownership
Funds ownership: 79.06% → 78.19% (-0.87%)
25% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.5M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$16.4M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$13.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.98M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$7.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
-$50.3M |
| 2 |
Goldman Sachs
New York
|
-$22.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$15.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$6.29M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ABC
251
Associated Banc-Corp
Green Bay,
Wisconsin
| – | -$3K | -45 | Closed |
|
|
HGWM
252
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$2K | -30 | Closed |
|
|
BWA
253
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$2K | -23 | Closed |
|
254
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -8 | Closed |
|
FELE Hedge Fund Activity: Q1 2021 in Review
234 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2021, worth a combined $2.86B — up 12% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FELE positions and 23 closed out — a net gain of 8 holders — while 66 added to existing stakes and 88 trimmed.
The largest buyer was BlackRock, adding an estimated $25.5M. The largest seller was Impax Asset Management Group, cutting an estimated $50.3M.
- 234 institutional investors held Franklin Electric (FELE) as of Q1 2021, up from 227 in Q4 2020.
- Funds reported $2.86B of Franklin Electric stock for Q1 2021, up 12% quarter-over-quarter.
- 31 funds opened new Franklin Electric positions in Q1 2021 and 23 closed out, a net change of +8 holders.
- The largest Franklin Electric buyer in Q1 2021 was BlackRock, an estimated $25.5M added.
- The largest Franklin Electric seller in Q1 2021 was Impax Asset Management Group, an estimated $50.3M sold.
Based on aggregated 13F filings for Q1 2021.