Fabrinet
185 hedge funds and large institutions have $1.22B invested in Fabrinet in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 71 increasing their positions, 63 reducing their positions, and 45 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
16% more capital invested
Capital invested by funds: $1.05B → $1.22B (+$165M)
13% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 63
6.55% more ownership
Funds ownership: 97.7% → 104.25% (+6.6%)
3% less call options, than puts
Call options by funds: $9.84M | Put options by funds: $10.1M
8% less funds holding
Funds holding: 201 → 185 (-16)
31% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$30.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$14.2M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$14M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$49M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$11M |
| 3 |
Renaissance Technologies
New York
|
-$8.01M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.3M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$7.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
226
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -46 | Closed |
|
227
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -37 | Closed |
|
|
GWS
228
Glassman Wealth Services
Vienna,
Virginia
| – | +$89 | +3 | +38% |
|
|
S
229
SignatureFD
Atlanta,
Georgia
| – | +$89 | +3 | New |
|
FN Hedge Fund Activity: Q1 2018 in Review
185 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q1 2018, worth a combined $1.22B — up 16% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FN and 31 opened new positions — a net loss of 14 holders — while 63 trimmed existing stakes and 71 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $30.9M. The largest seller was Congress Asset Management, exiting entirely with an estimated $49M sold.
- 185 institutional investors held Fabrinet (FN) as of Q1 2018, down from 201 in Q4 2017.
- Funds reported $1.22B of Fabrinet stock for Q1 2018, up 16% quarter-over-quarter.
- 31 funds opened new Fabrinet positions in Q1 2018 and 45 closed out, a net change of -14 holders.
- The largest Fabrinet buyer in Q1 2018 was Capital Research Global Investors, an estimated $30.9M added.
- The largest Fabrinet seller in Q1 2018 was Congress Asset Management, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2018.