Franklin Electric
FELE
339 hedge funds and large institutions have $3.95B invested in Franklin Electric in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 117 increasing their positions, 136 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more call options, than puts
Call options by funds: $106K | Put options by funds: $96K
9% more capital invested
Capital invested by funds: $3.62B → $3.95B (+$337M)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% less funds holding
Funds holding: 340 → 339 (-1)
0.68% less ownership
Funds ownership: 81.15% → 80.48% (-0.68%)
14% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 136
Top Buyers
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$16.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.29M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.72M |
| 5 |
JP Morgan Chase
New York
|
+$6.4M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$39.6M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$21.3M |
| 3 |
Millennium Management
New York
|
-$7.52M |
| 4 |
Goldman Sachs
New York
|
-$7.35M |
| 5 |
Cerity Partners
New York
|
-$6.58M |
FELE Hedge Fund Activity: Q1 2024 in Review
339 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2024, worth a combined $3.95B — up 9.3% from $3.62B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FELE positions and 27 closed out — a net gain of 1 holder — while 117 added to existing stakes and 136 trimmed.
The largest buyer was Boston Trust Walden, adding an estimated $16.1M. The largest seller was Morgan Stanley, cutting an estimated $39.6M.
- 339 institutional investors held Franklin Electric (FELE) as of Q1 2024, down from 340 in Q4 2023.
- Funds reported $3.95B of Franklin Electric stock for Q1 2024, up 9.3% quarter-over-quarter.
- 28 funds opened new Franklin Electric positions in Q1 2024 and 27 closed out, a net change of +1 holder.
- The largest Franklin Electric buyer in Q1 2024 was Boston Trust Walden, an estimated $16.1M added.
- The largest Franklin Electric seller in Q1 2024 was Morgan Stanley, an estimated $39.6M sold.
Based on aggregated 13F filings for Q1 2024.