Franklin Electric
FELE
211 hedge funds and large institutions have $1.86B invested in Franklin Electric in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 68 increasing their positions, 65 reducing their positions, and 15 closing their positions.
140% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 15
19% more capital invested
Capital invested by funds: $1.56B → $1.86B (+$299M)
10% more funds holding
Funds holding: 191 → 211 (+20)
5% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 65
0.66% more ownership
Funds ownership: 77.88% → 78.54% (+0.66%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$6.6M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$6.13M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$4.54M |
| 4 |
Millennium Management
New York
|
+$4.28M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$16.1M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$12.9M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$7.42M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.03M |
| 5 |
RA
Royce & Associates
New York
|
-$3.89M |
FELE Hedge Fund Activity: Q1 2019 in Review
211 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2019, worth a combined $1.86B — up 19% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FELE positions and 15 closed out — a net gain of 21 holders — while 68 added to existing stakes and 65 trimmed.
The largest buyer was ClariVest Asset Management, opening a new position worth an estimated $6.6M. The largest seller was Channing Capital Management, cutting an estimated $16.1M.
- 211 institutional investors held Franklin Electric (FELE) as of Q1 2019, up from 191 in Q4 2018.
- Funds reported $1.86B of Franklin Electric stock for Q1 2019, up 19% quarter-over-quarter.
- 36 funds opened new Franklin Electric positions in Q1 2019 and 15 closed out, a net change of +21 holders.
- The largest Franklin Electric buyer in Q1 2019 was ClariVest Asset Management, an estimated $6.6M added.
- The largest Franklin Electric seller in Q1 2019 was Channing Capital Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2019.