Franklin Electric
FELE
153 hedge funds and large institutions have $1.07B invested in Franklin Electric in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 62 increasing their positions, 50 reducing their positions, and 28 closing their positions.
32% more call options, than puts
Call options by funds: $419K | Put options by funds: $318K
24% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 168 → 153 (-15)
15% less capital invested
Capital invested by funds: $1.25B → $1.07B (-$186M)
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$34.7M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$11.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
+$10M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.8M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$12.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$9.94M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$7.32M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$6.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$212K | -6,570 | Closed |
|
|
PL
177
Plancorp LLC
Saint Louis,
Missouri
| – | -$205K | -6,330 | Closed |
|
|
AGM
178
Alpine Global Management
New York
| – | -$36K | -1,109 | Closed |
|
|
TRCT
179
Tower Research Capital (TRC)
New York
| – | -$30K | -939 | Closed |
|
|
BBHC
180
Brown Brothers Harriman & Co
New York
| – | -$10K | -300 | Closed |
|
|
P
181
Palladiem
Bryn Mawr,
Pennsylvania
| – | -$7K | -230 | Closed |
|
FELE Hedge Fund Activity: Q3 2015 in Review
153 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2015, worth a combined $1.07B — down 15% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FELE and 14 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 62 added.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $34.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $16.8M.
- 153 institutional investors held Franklin Electric (FELE) as of Q3 2015, down from 168 in Q2 2015.
- Funds reported $1.07B of Franklin Electric stock for Q3 2015, down 15% quarter-over-quarter.
- 14 funds opened new Franklin Electric positions in Q3 2015 and 28 closed out, a net change of -14 holders.
- The largest Franklin Electric buyer in Q3 2015 was Vaughan Nelson Investment Management, an estimated $34.7M added.
- The largest Franklin Electric seller in Q3 2015 was T. Rowe Price Associates, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2015.