Franklin Electric
FELE
156 hedge funds and large institutions have $1.28B invested in Franklin Electric in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 17 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
1% less funds holding
Funds holding: 158 → 156 (-2)
14% less capital invested
Capital invested by funds: $1.5B → $1.28B (-$217M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.6M |
| 2 |
BAMCO Inc
New York
|
+$13.2M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$3.51M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.02M |
| 5 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$11.4M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$5.32M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$5.18M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$4.89M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.06M |
FELE Hedge Fund Activity: Q3 2014 in Review
156 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2014, worth a combined $1.28B — down 14% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FELE and 16 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 54 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $15.6M. The largest seller was Norges Bank, cutting an estimated $11.4M.
- 156 institutional investors held Franklin Electric (FELE) as of Q3 2014, down from 158 in Q2 2014.
- Funds reported $1.28B of Franklin Electric stock for Q3 2014, down 14% quarter-over-quarter.
- 16 funds opened new Franklin Electric positions in Q3 2014 and 17 closed out, a net change of -1 holder.
- The largest Franklin Electric buyer in Q3 2014 was T. Rowe Price Associates, an estimated $15.6M added.
- The largest Franklin Electric seller in Q3 2014 was Norges Bank, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2014.