Franklin Electric
FELE
187 hedge funds and large institutions have $1.39B invested in Franklin Electric in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 63 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
77.2% more ownership
Funds ownership: 0% → 77.2% (+77%)
9% more funds holding
Funds holding: 172 → 187 (+15)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 63
7% less capital invested
Capital invested by funds: $1.49B → $1.39B (-$98.8M)
16% less call options, than puts
Call options by funds: $233K | Put options by funds: $276K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$11.1M |
| 3 |
CIM
Contravisory Investment Management
Norwell,
Massachusetts
|
+$5.58M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.57M |
| 5 |
Morgan Stanley
New York
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$24.2M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$22.1M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
-$6.89M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$6.47M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.19M |
FELE Hedge Fund Activity: Q4 2016 in Review
187 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q4 2016, worth a combined $1.39B — down 6.6% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FELE positions and 9 closed out — a net gain of 17 holders — while 59 added to existing stakes and 63 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $15M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $24.2M.
- 187 institutional investors held Franklin Electric (FELE) as of Q4 2016, up from 172 in Q3 2016.
- Funds reported $1.39B of Franklin Electric stock for Q4 2016, down 6.6% quarter-over-quarter.
- 26 funds opened new Franklin Electric positions in Q4 2016 and 9 closed out, a net change of +17 holders.
- The largest Franklin Electric buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $15M added.
- The largest Franklin Electric seller in Q4 2016 was Vaughan Nelson Investment Management, an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2016.