Franklin Electric
FELE
173 hedge funds and large institutions have $1.63B invested in Franklin Electric in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 67 increasing their positions, 52 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
29% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 52
9% more capital invested
Capital invested by funds: $1.5B → $1.63B (+$134M)
1% more funds holding
Funds holding: 172 → 173 (+1)
0.33% more ownership
Funds ownership: 77.84% → 78.17% (+0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$28M |
| 2 |
FMC
First Merchants Corp
Muncie,
Indiana
|
+$19.7M |
| 3 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$11.6M |
| 4 |
BlackRock
New York
|
+$5.51M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$5.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$34.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$9.45M |
| 4 |
CIM
Contravisory Investment Management
Norwell,
Massachusetts
|
-$5.33M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIPH
176
NN Investment Partners Holdings
The Hague,
Netherlands
| – | -$692K | -16,724 | Closed |
|
|
RJA
177
Raymond James & Associates
St Petersburg,
Florida
| – | -$227K | -5,481 | Closed |
|
|
JG
178
Jefferies Group
New York
| – | -$205K | -4,950 | Closed |
|
|
PG
179
PEAK6 Group
Chicago,
Illinois
| – | -$166K | -4,007 | Closed |
|
|
PO
180
Private Ocean
San Rafael,
California
| – | -$123K | -2,964 | Closed |
|
|
AAM
181
Advisors Asset Management
Monument,
Colorado
| – | -$95K | -2,299 | Closed |
|
|
DADC
182
D.A. Davidson & Co
Great Falls,
Montana
| – | -$16K | -400 | Closed |
|
183
Creative Planning
Overland Park,
Kansas
| – | -$8K | -202 | Closed |
|
|
WA
184
Winfield Associates
Cleveland,
Ohio
| – | -$5K | -129 | Closed |
|
FELE Hedge Fund Activity: Q3 2017 in Review
173 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2017, worth a combined $1.63B — up 8.9% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FELE positions and 11 closed out — a net gain of 5 holders — while 67 added to existing stakes and 52 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $28M. The largest seller was Neuberger Berman Group, cutting an estimated $34.5M.
- 173 institutional investors held Franklin Electric (FELE) as of Q3 2017, up from 172 in Q2 2017.
- Funds reported $1.63B of Franklin Electric stock for Q3 2017, up 8.9% quarter-over-quarter.
- 16 funds opened new Franklin Electric positions in Q3 2017 and 11 closed out, a net change of +5 holders.
- The largest Franklin Electric buyer in Q3 2017 was Channing Capital Management, an estimated $28M added.
- The largest Franklin Electric seller in Q3 2017 was Neuberger Berman Group, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2017.