Fabrinet
119 hedge funds and large institutions have $621M invested in Fabrinet in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
50% more call options, than puts
Call options by funds: $770K | Put options by funds: $512K
22% more capital invested
Capital invested by funds: $510M → $621M (+$111M)
11% more funds holding
Funds holding: 107 → 119 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.55% less ownership
Funds ownership: 87.67% → 87.11% (-0.55%)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.45M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.67M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.32M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.29M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.15M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.83M |
| 3 |
RA
Royce & Associates
New York
|
-$5.09M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$2.32M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
JP Morgan Chase
New York
| – | -$359K | -21,360 | Closed |
|
127
ProShare Advisors
Bethesda,
Maryland
| – | -$303K | -18,008 | Closed |
|
|
SCM
128
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$240K | -14,244 | Closed |
|
129
UBS AM
Chicago,
Illinois
| – | -$237K | -14,100 | Closed |
|
130
Principal Financial Group
Des Moines,
Iowa
| – | -$205K | -12,173 | Closed |
|
|
BG
131
BlackRock Group
London,
United Kingdom
| – | -$32K | -1,884 | Closed |
|
132
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$17K | -1,012 | Closed |
|
|
FMA
133
FNY Managed Accounts
New York
| – | -$17K | -1,000 | Closed |
|
FN Hedge Fund Activity: Q4 2013 in Review
119 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q4 2013, worth a combined $621M — up 22% from $510M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FN positions and 14 closed out — a net gain of 13 holders — while 35 added to existing stakes and 46 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $6.45M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $6.15M sold.
- 119 institutional investors held Fabrinet (FN) as of Q4 2013, up from 107 in Q3 2013.
- Funds reported $621M of Fabrinet stock for Q4 2013, up 22% quarter-over-quarter.
- 27 funds opened new Fabrinet positions in Q4 2013 and 14 closed out, a net change of +13 holders.
- The largest Fabrinet buyer in Q4 2013 was Lord, Abbett & Co, an estimated $6.45M added.
- The largest Fabrinet seller in Q4 2013 was Kennedy Capital Management, an estimated $6.15M sold.
Based on aggregated 13F filings for Q4 2013.