Fabrinet
473 hedge funds and large institutions have $8.76B invested in Fabrinet in 2024 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 189 increasing their positions, 150 reducing their positions, and 42 closing their positions.
98% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 42
26% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 150
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more funds holding
Funds holding: 435 → 473 (+38)
5% less capital invested
Capital invested by funds: $9.18B → $8.76B (-$427M)
1.44% less ownership
Funds ownership: 103.8% → 102.36% (-1.4%)
37% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $31.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$81M |
| 2 |
Jane Street
New York
|
+$40.9M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$40.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$36.5M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$216M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$79.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$72.4M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$69.4M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$59.6M |
FN Hedge Fund Activity: Q3 2024 in Review
473 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q3 2024, worth a combined $8.76B — down 4.7% from $9.18B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new FN positions and 42 closed out — a net gain of 41 holders — while 189 added to existing stakes and 150 trimmed.
The largest buyer was Millennium Management, adding an estimated $81M. The largest seller was BlackRock, cutting an estimated $216M.
- 473 institutional investors held Fabrinet (FN) as of Q3 2024, up from 435 in Q2 2024.
- Funds reported $8.76B of Fabrinet stock for Q3 2024, down 4.7% quarter-over-quarter.
- 83 funds opened new Fabrinet positions in Q3 2024 and 42 closed out, a net change of +41 holders.
- The largest Fabrinet buyer in Q3 2024 was Millennium Management, an estimated $81M added.
- The largest Fabrinet seller in Q3 2024 was BlackRock, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2024.