Franklin Electric
FELE
197 hedge funds and large institutions have $1.91B invested in Franklin Electric in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 74 reducing their positions, and 29 closing their positions.
13% more capital invested
Capital invested by funds: $1.7B → $1.91B (+$217M)
1.42% more ownership
Funds ownership: 77.52% → 78.93% (+1.4%)
5% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 74
4% less funds holding
Funds holding: 206 → 197 (-9)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
72% less call options, than puts
Call options by funds: $37K | Put options by funds: $131K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$13.9M |
| 2 |
KBC Group
Brussels,
Belgium
|
+$12.3M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$8.32M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.73M |
| 5 |
BlackRock
New York
|
+$6.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$15.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.31M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$3.23M |
| 4 |
Goldman Sachs
New York
|
-$3.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
FELE Hedge Fund Activity: Q2 2020 in Review
197 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q2 2020, worth a combined $1.91B — up 13% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FELE and 21 opened new positions — a net loss of 8 holders — while 74 trimmed existing stakes and 70 added.
The largest buyer was Invesco, adding an estimated $13.9M. The largest seller was Royce & Associates, cutting an estimated $15.9M.
- 197 institutional investors held Franklin Electric (FELE) as of Q2 2020, down from 206 in Q1 2020.
- Funds reported $1.91B of Franklin Electric stock for Q2 2020, up 13% quarter-over-quarter.
- 21 funds opened new Franklin Electric positions in Q2 2020 and 29 closed out, a net change of -8 holders.
- The largest Franklin Electric buyer in Q2 2020 was Invesco, an estimated $13.9M added.
- The largest Franklin Electric seller in Q2 2020 was Royce & Associates, an estimated $15.9M sold.
Based on aggregated 13F filings for Q2 2020.