Franklin Electric
FELE
192 hedge funds and large institutions have $1.73B invested in Franklin Electric in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 19 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
0.5% less ownership
Funds ownership: 78.75% → 78.26% (-0.5%)
2% less capital invested
Capital invested by funds: $1.77B → $1.73B (-$31.6M)
2% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $1.22M
2% less funds holding
Funds holding: 196 → 192 (-4)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$5.58M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.11M |
| 3 |
Goldman Sachs
New York
|
+$4.66M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
+$3.24M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$13.8M |
| 2 |
Millennium Management
New York
|
-$4.54M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.47M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.63M |
| 5 |
FMC
First Merchants Corp
Muncie,
Indiana
|
-$3.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UCFA
201
United Capital Financial Advisors
Irving,
Texas
| – | -$319K | -6,715 | Closed |
|
|
SCM
202
Silvant Capital Management
Atlanta,
Georgia
| – | -$311K | -6,541 | Closed |
|
|
IUHSA
203
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$305K | -6,412 | Closed |
|
|
GAM
204
Gotham Asset Management
New York
| – | -$290K | -6,095 | Closed |
|
|
USAA
205
United Services Automobile Association
San Antonio,
Texas
| – | -$277K | -5,838 | Closed |
|
|
CSS
206
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$246K | -5,187 | Closed |
|
207
Parallax Volatility Advisers
San Francisco,
California
| – | -$138K | -2,898 | Closed |
|
|
POIA
208
Pin Oak Investment Advisors
Houston,
Texas
| – | -$24K | -500 | Closed |
|
209
Point72 Asset Management
Stamford,
Connecticut
| – | -$10K | -200 | Closed |
|
|
TRCT
210
Tower Research Capital (TRC)
New York
| – | -$6K | -126 | Closed |
|
FELE Hedge Fund Activity: Q3 2019 in Review
192 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2019, worth a combined $1.73B — down 1.8% from $1.77B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FELE and 15 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 75 added.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $5.58M. The largest seller was Channing Capital Management, exiting entirely with an estimated $13.8M sold.
- 192 institutional investors held Franklin Electric (FELE) as of Q3 2019, down from 196 in Q2 2019.
- Funds reported $1.73B of Franklin Electric stock for Q3 2019, down 1.8% quarter-over-quarter.
- 15 funds opened new Franklin Electric positions in Q3 2019 and 19 closed out, a net change of -4 holders.
- The largest Franklin Electric buyer in Q3 2019 was Vaughan Nelson Investment Management, an estimated $5.58M added.
- The largest Franklin Electric seller in Q3 2019 was Channing Capital Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q3 2019.