Franklin Electric
FELE
158 hedge funds and large institutions have $1.55B invested in Franklin Electric in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
3% more funds holding
Funds holding: 153 → 158 (+5)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less capital invested
Capital invested by funds: $1.65B → $1.55B (-$98.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$29.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.39M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$5.33M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
-$29.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.3M |
| 3 |
Bank of New York Mellon
New York
|
-$9.21M |
| 4 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$7.44M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$6.27M |
FELE Hedge Fund Activity: Q1 2014 in Review
158 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2014, worth a combined $1.55B — down 5.9% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FELE positions and 13 closed out — a net gain of 6 holders — while 51 added to existing stakes and 50 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $29.2M. The largest seller was Impax Asset Management (UK), exiting entirely with an estimated $29.4M sold.
- 158 institutional investors held Franklin Electric (FELE) as of Q1 2014, up from 153 in Q4 2013.
- Funds reported $1.55B of Franklin Electric stock for Q1 2014, down 5.9% quarter-over-quarter.
- 19 funds opened new Franklin Electric positions in Q1 2014 and 13 closed out, a net change of +6 holders.
- The largest Franklin Electric buyer in Q1 2014 was T. Rowe Price Associates, an estimated $29.2M added.
- The largest Franklin Electric seller in Q1 2014 was Impax Asset Management (UK), an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2014.