Franklin Electric
FELE
171 hedge funds and large institutions have $1.48B invested in Franklin Electric in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 70 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
22% more capital invested
Capital invested by funds: $1.21B → $1.48B (+$269M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 171 → 171 (0)
19% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$21M |
| 2 |
ACM
American Capital Management
New York
|
+$16.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.87M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.15M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$14.7M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$14.4M |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$9.81M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
-$9.35M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AL
176
Airain Ltd
St. Peter Port,
Guernsey
| – | -$728K | -22,029 | Closed |
|
|
DC
177
Deere & Company
Moline,
Illinois
| – | -$559K | -16,916 | Closed |
|
|
CG
178
Clinton Group
New York
| – | -$532K | -16,088 | Closed |
|
|
VAM
179
Visium Asset Management
New York
| – | -$354K | -10,706 | Closed |
|
|
AGM
180
Alpine Global Management
New York
| – | -$288K | -8,720 | Closed |
|
181
Renaissance Technologies
New York
| – | -$284K | -8,589 | Closed |
|
|
VKH
182
Virtu KCG Holdings
New York
| – | -$260K | -7,852 | Closed |
|
183
Teacher Retirement System of Texas
Austin,
Texas
| – | -$182K | -5,503 | Closed |
|
|
SBL
184
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$20K | -550 | Closed |
|
|
NIT
185
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$17K | -500 | Closed |
|
FELE Hedge Fund Activity: Q3 2016 in Review
171 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2016, worth a combined $1.48B — up 22% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FELE positions and 14 closed out — a net gain of 1 holder — while 57 added to existing stakes and 70 trimmed.
The largest buyer was Mesirow Financial Investment Management - Fixed Income, opening a new position worth an estimated $21M. The largest seller was Perkins Investment Management, cutting an estimated $14.7M.
- 171 institutional investors held Franklin Electric (FELE) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $1.48B of Franklin Electric stock for Q3 2016, up 22% quarter-over-quarter.
- 15 funds opened new Franklin Electric positions in Q3 2016 and 14 closed out, a net change of +1 holder.
- The largest Franklin Electric buyer in Q3 2016 was Mesirow Financial Investment Management - Fixed Income, an estimated $21M added.
- The largest Franklin Electric seller in Q3 2016 was Perkins Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2016.