Franklin Electric
FELE
324 hedge funds and large institutions have $3.55B invested in Franklin Electric in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 121 increasing their positions, 118 reducing their positions, and 47 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 118
0.49% less ownership
Funds ownership: 80.48% → 79.99% (-0.49%)
5% less funds holding
Funds holding: 340 → 324 (-16)
10% less capital invested
Capital invested by funds: $3.95B → $3.55B (-$404M)
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMC
First Merchants Corp
Muncie,
Indiana
|
+$19.7M |
| 2 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$9.48M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.88M |
| 4 |
Goldman Sachs
New York
|
+$6.62M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
-$21.2M |
| 2 |
BlackRock
New York
|
-$20.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.9M |
| 4 |
Millennium Management
New York
|
-$7.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$6.35M |
FELE Hedge Fund Activity: Q2 2024 in Review
324 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q2 2024, worth a combined $3.55B — down 10% from $3.95B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of FELE and 35 opened new positions — a net loss of 12 holders — while 118 trimmed existing stakes and 121 added.
The largest buyer was First Merchants Corp, opening a new position worth an estimated $19.7M. The largest seller was Robeco Schweiz, cutting an estimated $21.2M.
- 324 institutional investors held Franklin Electric (FELE) as of Q2 2024, down from 340 in Q1 2024.
- Funds reported $3.55B of Franklin Electric stock for Q2 2024, down 10% quarter-over-quarter.
- 35 funds opened new Franklin Electric positions in Q2 2024 and 47 closed out, a net change of -12 holders.
- The largest Franklin Electric buyer in Q2 2024 was First Merchants Corp, an estimated $19.7M added.
- The largest Franklin Electric seller in Q2 2024 was Robeco Schweiz, an estimated $21.2M sold.
Based on aggregated 13F filings for Q2 2024.