Fabrinet
366 hedge funds and large institutions have $7.05B invested in Fabrinet in 2023 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 105 increasing their positions, 149 reducing their positions, and 34 closing their positions.
124% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 34
42% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $12.2M
18% more capital invested
Capital invested by funds: $6B → $7.05B (+$1.05B)
11% more funds holding
Funds holding: 329 → 366 (+37)
2.48% more ownership
Funds ownership: 99.43% → 101.9% (+2.5%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
30% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 149
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$171M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$89.2M |
| 3 |
Morgan Stanley
New York
|
+$70.6M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$63.6M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$63.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$69.8M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$24.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$24M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$19.2M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$18.8M |
FN Hedge Fund Activity: Q4 2023 in Review
366 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q4 2023, worth a combined $7.05B — up 18% from $6B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new FN positions and 34 closed out — a net gain of 42 holders — while 105 added to existing stakes and 149 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $171M. The largest seller was Victory Capital Management, cutting an estimated $69.8M.
- 366 institutional investors held Fabrinet (FN) as of Q4 2023, up from 329 in Q3 2023.
- Funds reported $7.05B of Fabrinet stock for Q4 2023, up 18% quarter-over-quarter.
- 76 funds opened new Fabrinet positions in Q4 2023 and 34 closed out, a net change of +42 holders.
- The largest Fabrinet buyer in Q4 2023 was AllianceBernstein, an estimated $171M added.
- The largest Fabrinet seller in Q4 2023 was Victory Capital Management, an estimated $69.8M sold.
Based on aggregated 13F filings for Q4 2023.