Franklin Electric
FELE
188 hedge funds and large institutions have $1.67B invested in Franklin Electric in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 54 reducing their positions, and 12 closing their positions.
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
26% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 54
9% more funds holding
Funds holding: 173 → 188 (+15)
3% more capital invested
Capital invested by funds: $1.63B → $1.67B (+$43.7M)
0.09% more ownership
Funds ownership: 78.17% → 78.26% (+0.09%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $505K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$25.5M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$12.8M |
| 3 |
Morgan Stanley
New York
|
+$5.95M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.82M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$5.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$36.1M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$14.8M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$10.2M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$7.39M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.71M |
FELE Hedge Fund Activity: Q4 2017 in Review
188 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q4 2017, worth a combined $1.67B — up 2.7% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FELE positions and 12 closed out — a net gain of 16 holders — while 68 added to existing stakes and 54 trimmed.
The largest buyer was Channing Capital Management, adding an estimated $25.5M. The largest seller was Neuberger Berman Group, cutting an estimated $36.1M.
- 188 institutional investors held Franklin Electric (FELE) as of Q4 2017, up from 173 in Q3 2017.
- Funds reported $1.67B of Franklin Electric stock for Q4 2017, up 2.7% quarter-over-quarter.
- 28 funds opened new Franklin Electric positions in Q4 2017 and 12 closed out, a net change of +16 holders.
- The largest Franklin Electric buyer in Q4 2017 was Channing Capital Management, an estimated $25.5M added.
- The largest Franklin Electric seller in Q4 2017 was Neuberger Berman Group, an estimated $36.1M sold.
Based on aggregated 13F filings for Q4 2017.