Franklin Electric
FELE
196 hedge funds and large institutions have $1.77B invested in Franklin Electric in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 25 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
0.21% more ownership
Funds ownership: 78.54% → 78.75% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $1.86B → $1.77B (-$94.3M)
7% less funds holding
Funds holding: 211 → 196 (-15)
23% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $1.56M
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$12.5M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$9.69M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.49M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$6.32M |
| 5 |
Morgan Stanley
New York
|
+$5.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$24.4M |
| 2 |
RA
Royce & Associates
New York
|
-$6.06M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$4.77M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.19M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4M |
FELE Hedge Fund Activity: Q2 2019 in Review
196 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q2 2019, worth a combined $1.77B — down 5.1% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FELE and 14 opened new positions — a net loss of 11 holders — while 63 trimmed existing stakes and 73 added.
The largest buyer was Impax Asset Management Group, adding an estimated $12.5M. The largest seller was Channing Capital Management, cutting an estimated $24.4M.
- 196 institutional investors held Franklin Electric (FELE) as of Q2 2019, down from 211 in Q1 2019.
- Funds reported $1.77B of Franklin Electric stock for Q2 2019, down 5.1% quarter-over-quarter.
- 14 funds opened new Franklin Electric positions in Q2 2019 and 25 closed out, a net change of -11 holders.
- The largest Franklin Electric buyer in Q2 2019 was Impax Asset Management Group, an estimated $12.5M added.
- The largest Franklin Electric seller in Q2 2019 was Channing Capital Management, an estimated $24.4M sold.
Based on aggregated 13F filings for Q2 2019.