Franklin Electric
FELE
340 hedge funds and large institutions have $3.62B invested in Franklin Electric in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 101 increasing their positions, 138 reducing their positions, and 22 closing their positions.
114% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 22
10% more capital invested
Capital invested by funds: $3.28B → $3.62B (+$337M)
7% more funds holding
Funds holding: 319 → 340 (+21)
1.7% more ownership
Funds ownership: 79.45% → 81.15% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 138
75% less call options, than puts
Call options by funds: $115K | Put options by funds: $464K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$65.3M |
| 2 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
+$9.41M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.8M |
| 4 |
Cerity Partners
New York
|
+$6.2M |
| 5 |
Millennium Management
New York
|
+$6.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.9M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$9.88M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.35M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$7.51M |
| 5 |
ZCM
Ziegler Capital Management
Chicago,
Illinois
|
-$6M |
FELE Hedge Fund Activity: Q4 2023 in Review
340 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q4 2023, worth a combined $3.62B — up 10% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new FELE positions and 22 closed out — a net gain of 25 holders — while 101 added to existing stakes and 138 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $65.3M. The largest seller was BlackRock, cutting an estimated $12.9M.
- 340 institutional investors held Franklin Electric (FELE) as of Q4 2023, up from 319 in Q3 2023.
- Funds reported $3.62B of Franklin Electric stock for Q4 2023, up 10% quarter-over-quarter.
- 47 funds opened new Franklin Electric positions in Q4 2023 and 22 closed out, a net change of +25 holders.
- The largest Franklin Electric buyer in Q4 2023 was Morgan Stanley, an estimated $65.3M added.
- The largest Franklin Electric seller in Q4 2023 was BlackRock, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2023.