Franklin Electric
FELE
168 hedge funds and large institutions have $1.25B invested in Franklin Electric in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 51 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
25% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 51
8% more funds holding
Funds holding: 156 → 168 (+12)
17% less capital invested
Capital invested by funds: $1.51B → $1.25B (-$255M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$7.43M |
| 2 |
IAMA
Impax Asset Management (AIFM)
London,
United Kingdom
|
+$6.22M |
| 3 |
Two Sigma Investments
New York
|
+$5.51M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.23M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$27.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$12M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$9.77M |
| 5 |
BAMCO Inc
New York
|
-$8.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
M&T Bank
Buffalo,
New York
| – | -$242K | -6,333 | Closed |
|
177
AQR Capital Management
Greenwich,
Connecticut
| – | -$225K | -5,902 | Closed |
|
178
Balyasny Asset Management
Chicago,
Illinois
| – | -$203K | -5,310 | Closed |
|
179
Creative Planning
Overland Park,
Kansas
| – | -$171K | -4,492 | Closed |
|
|
H
180
Hexavest
Montreal,
Quebec, Canada
| – | -$80K | -2,100 | Closed |
|
|
GT
181
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$7K | -200 | Closed |
|
FELE Hedge Fund Activity: Q2 2015 in Review
168 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q2 2015, worth a combined $1.25B — down 17% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FELE positions and 13 closed out — a net gain of 12 holders — while 64 added to existing stakes and 51 trimmed.
The largest buyer was Impax Asset Management (UK), adding an estimated $7.43M. The largest seller was Keeley Asset Management, exiting entirely with an estimated $27.5M sold.
- 168 institutional investors held Franklin Electric (FELE) as of Q2 2015, up from 156 in Q1 2015.
- Funds reported $1.25B of Franklin Electric stock for Q2 2015, down 17% quarter-over-quarter.
- 25 funds opened new Franklin Electric positions in Q2 2015 and 13 closed out, a net change of +12 holders.
- The largest Franklin Electric buyer in Q2 2015 was Impax Asset Management (UK), an estimated $7.43M added.
- The largest Franklin Electric seller in Q2 2015 was Keeley Asset Management, an estimated $27.5M sold.
Based on aggregated 13F filings for Q2 2015.