Franklin Electric
FELE
153 hedge funds and large institutions have $1.65B invested in Franklin Electric in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 58 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
24% more capital invested
Capital invested by funds: $1.33B → $1.65B (+$324M)
3% more funds holding
Funds holding: 148 → 153 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$98.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$42.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.37M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$10.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.78M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$7.49M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.49M |
| 5 |
TA
Teachers Advisors
New York
|
-$3.81M |
FELE Hedge Fund Activity: Q4 2013 in Review
153 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q4 2013, worth a combined $1.65B — up 24% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FELE positions and 12 closed out — a net gain of 6 holders — while 49 added to existing stakes and 58 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $98.8M. The largest seller was First Pacific Advisors, cutting an estimated $10.6M.
- 153 institutional investors held Franklin Electric (FELE) as of Q4 2013, up from 148 in Q3 2013.
- Funds reported $1.65B of Franklin Electric stock for Q4 2013, up 24% quarter-over-quarter.
- 18 funds opened new Franklin Electric positions in Q4 2013 and 12 closed out, a net change of +6 holders.
- The largest Franklin Electric buyer in Q4 2013 was EARNEST Partners, an estimated $98.8M added.
- The largest Franklin Electric seller in Q4 2013 was First Pacific Advisors, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2013.