Franklin Electric
FELE
317 hedge funds and large institutions have $3.76B invested in Franklin Electric in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 121 increasing their positions, 100 reducing their positions, and 17 closing their positions.
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
21% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 100
8% more capital invested
Capital invested by funds: $3.48B → $3.76B (+$287M)
6% more funds holding
Funds holding: 298 → 317 (+19)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.59% less ownership
Funds ownership: 80.02% → 79.43% (-0.59%)
80% less call options, than puts
Call options by funds: $113K | Put options by funds: $556K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$6.46M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.36M |
| 4 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
+$5.3M |
| 5 |
Morgan Stanley
New York
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$37.8M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$36.4M |
| 3 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$16.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
326
Prelude Capital Management
New York
| – | -$257K | -2,731 | Closed |
|
327
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$246K | -2,613 | Closed |
|
|
LOAME
328
Lombard Odier Asset Management (Europe)
London,
United Kingdom
| – | -$240K | -2,555 | Closed |
|
329
Rockefeller Capital Management
New York
| – | -$238K | -2,538 | Closed |
|
|
OFS
330
OneAscent Financial Services
Birmingham,
Alabama
| – | -$200K | -2,128 | Closed |
|
|
BAM
331
Belpointe Asset Management
Reno,
Nevada
| – | -$56K | -595 | Closed |
|
|
DFCM
332
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$11.6K | -123 | Closed |
|
|
SC
333
Schubert & Co
Mckinney,
Texas
| – | -$2.35K | -25 | Closed |
|
|
TWA
334
TCI Wealth Advisors
Tucson,
Arizona
| – | -$283 | -3 | Closed |
|
FELE Hedge Fund Activity: Q2 2023 in Review
317 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q2 2023, worth a combined $3.76B — up 8.3% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FELE positions and 17 closed out — a net gain of 19 holders — while 121 added to existing stakes and 100 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.6M. The largest seller was EARNEST Partners, cutting an estimated $37.8M.
- 317 institutional investors held Franklin Electric (FELE) as of Q2 2023, up from 298 in Q1 2023.
- Funds reported $3.76B of Franklin Electric stock for Q2 2023, up 8.3% quarter-over-quarter.
- 36 funds opened new Franklin Electric positions in Q2 2023 and 17 closed out, a net change of +19 holders.
- The largest Franklin Electric buyer in Q2 2023 was Millennium Management, an estimated $14.6M added.
- The largest Franklin Electric seller in Q2 2023 was EARNEST Partners, an estimated $37.8M sold.
Based on aggregated 13F filings for Q2 2023.