Franklin Electric
FELE
148 hedge funds and large institutions have $1.33B invested in Franklin Electric in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 58 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
18% more capital invested
Capital invested by funds: $1.13B → $1.33B (+$203M)
2% more funds holding
Funds holding: 145 → 148 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.62M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.94M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$6.37M |
| 2 |
RA
Royce & Associates
New York
|
-$4.97M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$3.71M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$2.41M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
151
Zacks Investment Management
Chicago,
Illinois
| – | -$241K | -7,160 | Closed |
|
152
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$239K | -7,101 | Closed |
|
|
TSWM
153
Triangle Securities Wealth Management
Raleigh,
North Carolina
| – | -$75K | -2,228 | Closed |
|
|
OMCS
154
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$27K | -800 | Closed |
|
155
Jones Financial Companies
Des Peres,
Missouri
| – | -$25K | -753 | Closed |
|
|
MFS
156
MSI Financial Services
Springfield,
Massachusetts
| – | -$4K | -120 | Closed |
|
157
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -52 | Closed |
|
FELE Hedge Fund Activity: Q3 2013 in Review
148 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2013, worth a combined $1.33B — up 18% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FELE positions and 9 closed out — a net gain of 4 holders — while 50 added to existing stakes and 58 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $11M. The largest seller was BHF Kleinwort Benson Group, cutting an estimated $6.37M.
- 148 institutional investors held Franklin Electric (FELE) as of Q3 2013, up from 145 in Q2 2013.
- Funds reported $1.33B of Franklin Electric stock for Q3 2013, up 18% quarter-over-quarter.
- 13 funds opened new Franklin Electric positions in Q3 2013 and 9 closed out, a net change of +4 holders.
- The largest Franklin Electric buyer in Q3 2013 was Neuberger Berman Group, an estimated $11M added.
- The largest Franklin Electric seller in Q3 2013 was BHF Kleinwort Benson Group, an estimated $6.37M sold.
Based on aggregated 13F filings for Q3 2013.