Fabrinet
313 hedge funds and large institutions have $4.2B invested in Fabrinet in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 124 increasing their positions, 105 reducing their positions, and 35 closing their positions.
43% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 35
18% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 105
4% more funds holding
Funds holding: 300 → 313 (+13)
0.11% less ownership
Funds ownership: 98.27% → 98.16% (-0.11%)
5% less capital invested
Capital invested by funds: $4.42B → $4.2B (-$223M)
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
58% less call options, than puts
Call options by funds: $2.37M | Put options by funds: $5.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$71.6M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$13.9M |
| 3 |
BlackRock
New York
|
+$11.7M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$11.4M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$9.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$53M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$41.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.3M |
| 4 |
CM
Cartica Management
Washington,
District of Columbia
|
-$22.1M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$21.5M |
FN Hedge Fund Activity: Q1 2023 in Review
313 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q1 2023, worth a combined $4.2B — down 5% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FN positions and 35 closed out — a net gain of 15 holders — while 124 added to existing stakes and 105 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $71.6M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $53M sold.
- 313 institutional investors held Fabrinet (FN) as of Q1 2023, up from 300 in Q4 2022.
- Funds reported $4.2B of Fabrinet stock for Q1 2023, down 5% quarter-over-quarter.
- 50 funds opened new Fabrinet positions in Q1 2023 and 35 closed out, a net change of +15 holders.
- The largest Fabrinet buyer in Q1 2023 was Envestnet Asset Management, an estimated $71.6M added.
- The largest Fabrinet seller in Q1 2023 was Hood River Capital Management, an estimated $53M sold.
Based on aggregated 13F filings for Q1 2023.