Franklin Electric
FELE
209 hedge funds and large institutions have $2.13B invested in Franklin Electric in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 74 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more capital invested
Capital invested by funds: $1.9B → $2.13B (+$230M)
7% more funds holding
Funds holding: 196 → 209 (+13)
0.05% more ownership
Funds ownership: 78.41% → 78.46% (+0.05%)
2% less call options, than puts
Call options by funds: $488K | Put options by funds: $500K
8% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.9M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
+$9.13M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$7.98M |
| 5 |
Goldman Sachs
New York
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$28.7M |
| 2 |
KBC Group
Brussels,
Belgium
|
-$11.4M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$9.24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.38M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$4.7M |
FELE Hedge Fund Activity: Q3 2020 in Review
209 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q3 2020, worth a combined $2.13B — up 12% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FELE positions and 13 closed out — a net gain of 13 holders — while 68 added to existing stakes and 74 trimmed.
The largest buyer was BlackRock, adding an estimated $10.9M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $28.7M sold.
- 209 institutional investors held Franklin Electric (FELE) as of Q3 2020, up from 196 in Q2 2020.
- Funds reported $2.13B of Franklin Electric stock for Q3 2020, up 12% quarter-over-quarter.
- 26 funds opened new Franklin Electric positions in Q3 2020 and 13 closed out, a net change of +13 holders.
- The largest Franklin Electric buyer in Q3 2020 was BlackRock, an estimated $10.9M added.
- The largest Franklin Electric seller in Q3 2020 was Vaughan Nelson Investment Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2020.