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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.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 31

11% more funds holding

Funds holding: 366406 (+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: 75 (-2)

38% less call options, than puts

Call options by funds: $17.5M | Put options by funds: $28.2M

Holders
406
Holders Change
+40
Holders Change %
+10.93%
% of All Funds
5.85%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.07%
New
71
Increased
146
Reduced
148
Closed
31
Calls
$17.5M
Puts
$28.2M
Net Calls
-$10.7M
Net Calls Change
-$15.9M
Name Holding Trade Value Shares
Change
Change in
Stake
TP
51
Toronado Partners
California
$24.1M +$4.34M +21,632 +20%
American Century Companies
52
American Century Companies
Missouri
$23.4M -$7.29M -36,320 -23%
NPIC
53
Neumeier Poma Investment Counsel
California
$21.6M -$10.2M -50,970 -31%
Bank of America
54
Bank of America
North Carolina
$20.8M +$8.03M +40,017 +57%
Legal & General Group
55
Legal & General Group
United Kingdom
$20.1M -$29.9K -149 -0.1%
RhumbLine Advisers
56
RhumbLine Advisers
Massachusetts
$19.4M +$260K +1,294 +1%
Natixis Advisors
57
Natixis Advisors
Massachusetts
$19.2M +$2.31M +11,495 +13%
DCM
58
Driehaus Capital Management
Illinois
$18.5M -$48.2M -240,090 -71%
SEI Investments
59
SEI Investments
Pennsylvania
$18.3M +$450K +2,245 +2%
Millennium Management
60
Millennium Management
New York
$15.8M +$15.6M +77,634 +1,336%
KCM
61
Kennedy Capital Management
Missouri
$15.6M +$16.6M +82,729 New
Marshall Wace
62
Marshall Wace
United Kingdom
$15.1M +$15.8M +78,658 +5,340%
Envestnet Asset Management
63
Envestnet Asset Management
Illinois
$15.1M +$1.75M +8,715 +12%
DekaBank Deutsche Girozentrale
64
DekaBank Deutsche Girozentrale
Germany
$15M +$3.41M +17,000 +27%
VMPIC
65
Varma Mutual Pension Insurance Co
Finland
$14.9M +$15.8M +79,000 New
Public Sector Pension Investment Board (PSP Investments)
66
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$14.1M -$195K -970 -1%
Swiss National Bank
67
Swiss National Bank
Switzerland
$13.6M +$80.2K +400 +0.6%
RHJA
68
Rice Hall James & Associates
California
$13.4M +$8.56M +42,664 +150%
FAM
69
Fred Alger Management
New York
$13.3M +$14.1M +70,511 New
EAM
70
EULAV Asset Management
Florida
$13.3M +$1.71M +8,500 +14%
SI
71
Scout Investments
Missouri
$13M -$1.89M -9,397 -12%
Allspring Global Investments
72
Allspring Global Investments
North Carolina
$12.8M +$2.21M +11,035 +19%
Squarepoint
73
Squarepoint
New York
$12.4M +$13.2M +65,796 New
California Public Employees Retirement System
74
California Public Employees Retirement System
California
$11.7M +$309K +1,539 +3%
Tudor Investment Corp
75
Tudor Investment Corp
Connecticut
$11.7M +$10.3M +51,472 +500%

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.