Franklin Electric
FELE
178 hedge funds and large institutions have $1.55B invested in Franklin Electric in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 60 increasing their positions, 72 reducing their positions, and 14 closing their positions.
11% more capital invested
Capital invested by funds: $1.39B → $1.55B (+$155M)
0.22% more ownership
Funds ownership: 77.2% → 77.42% (+0.22%)
4% less funds holding
Funds holding: 186 → 178 (-8)
17% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 72
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
90% less call options, than puts
Call options by funds: $52K | Put options by funds: $538K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$212M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.29M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.75M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$7.12M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.52M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$4.03M |
| 4 |
Morgan Stanley
New York
|
-$3.75M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.4M |
FELE Hedge Fund Activity: Q1 2017 in Review
178 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2017, worth a combined $1.55B — up 11% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FELE and 11 opened new positions — a net loss of 3 holders — while 72 trimmed existing stakes and 60 added.
The largest buyer was BlackRock, adding an estimated $212M. The largest seller was Pictet Asset Management (UK), cutting an estimated $7.12M.
- 178 institutional investors held Franklin Electric (FELE) as of Q1 2017, down from 186 in Q4 2016.
- Funds reported $1.55B of Franklin Electric stock for Q1 2017, up 11% quarter-over-quarter.
- 11 funds opened new Franklin Electric positions in Q1 2017 and 14 closed out, a net change of -3 holders.
- The largest Franklin Electric buyer in Q1 2017 was BlackRock, an estimated $212M added.
- The largest Franklin Electric seller in Q1 2017 was Pictet Asset Management (UK), an estimated $7.12M sold.
Based on aggregated 13F filings for Q1 2017.