Fabrinet
406 hedge funds and large institutions have $7.1B invested in Fabrinet in 2024 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 146 increasing their positions, 148 reducing their positions, and 31 closing their positions.
129% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 31
11% more funds holding
Funds holding: 366 → 406 (+40)
1.65% more ownership
Funds ownership: 101.9% → 103.56% (+1.7%)
1% more capital invested
Capital invested by funds: $7.05B → $7.1B (+$54.8M)
1% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 148
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
38% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $28.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$126M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$79.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$79.6M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$56.2M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$84.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$48.2M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$41.8M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$37.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Vontobel Holding
Zurich,
Switzerland
| – | -$257K | -1,350 | Closed |
|
|
MSAM
427
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$240K | -1,260 | Closed |
|
|
OQS
428
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$234K | -1,231 | Closed |
|
429
TIAA Trust, National Association
Charlotte,
North Carolina
| – | -$220K | -1,154 | Closed |
|
|
RJT
430
Raymond James Trust
St. Petersburg,
Florida
| – | -$215K | -1,131 | Closed |
|
|
SCM
431
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$203K | -1,068 | Closed |
|
|
HFM
432
Harvest Fund Management
Beijing,
China
| – | -$71K | -371 | Closed |
|
|
MSWM
433
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$51.6K | -271 | Closed |
|
|
JFGIW
434
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$49.9K | -262 | Closed |
|
|
ASN
435
Advisory Services Network
Atlanta,
Georgia
| – | -$17.5K | -92 | Closed |
|
|
WTG
436
West Tower Group
Richmond,
Virginia
| – | -$13.3K | -70 | Closed |
|
|
BF
437
BOK Financial
Tulsa,
Oklahoma
| – | -$9.33K | -49 | Closed |
|
FN Hedge Fund Activity: Q1 2024 in Review
406 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q1 2024, worth a combined $7.1B — up 0.78% from $7.05B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FN positions and 31 closed out — a net gain of 40 holders — while 146 added to existing stakes and 148 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $126M. The largest seller was Morgan Stanley, cutting an estimated $84.9M.
- 406 institutional investors held Fabrinet (FN) as of Q1 2024, up from 366 in Q4 2023.
- Funds reported $7.1B of Fabrinet stock for Q1 2024, up 0.78% quarter-over-quarter.
- 71 funds opened new Fabrinet positions in Q1 2024 and 31 closed out, a net change of +40 holders.
- The largest Fabrinet buyer in Q1 2024 was Point72 Asset Management, an estimated $126M added.
- The largest Fabrinet seller in Q1 2024 was Morgan Stanley, an estimated $84.9M sold.
Based on aggregated 13F filings for Q1 2024.