Fabrinet
135 hedge funds and large institutions have $635M invested in Fabrinet in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 53 increasing their positions, 40 reducing their positions, and 21 closing their positions.
127% more call options, than puts
Call options by funds: $931K | Put options by funds: $411K
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 40
11% more funds holding
Funds holding: 122 → 135 (+13)
1.72% more ownership
Funds ownership: 86.16% → 87.88% (+1.7%)
1% more capital invested
Capital invested by funds: $627M → $635M (+$8.34M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18.7M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$14.2M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$13.3M |
| 4 |
RA
Royce & Associates
New York
|
+$11.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APAI
Asia Pacific Associates III
Georgetown Grand Cayman,
British Columbia, Canada
|
-$63.8M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$11.9M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.34M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$3.78M |
| 5 |
Morgan Stanley
New York
|
-$3.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
151
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$245K | -11,800 | Closed |
|
|
TAM
152
Telluride Asset Management
Wayzata,
Minnesota
| – | -$226K | -10,874 | Closed |
|
|
BJ
153
BlackRock Japan
Tokyo,
Japan
| – | -$200K | -9,625 | Closed |
|
154
Acadian Asset Management
Boston,
Massachusetts
| – | -$184K | -8,850 | Closed |
|
|
WAM
155
Wolverine Asset Management
Chicago,
Illinois
| – | -$49K | -2,400 | Closed |
|
|
GAM
156
Gemmer Asset Management
Walnut Creek,
California
| – | +$466 | +23 | New |
|
FN Hedge Fund Activity: Q2 2014 in Review
135 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q2 2014, worth a combined $635M — up 1.3% from $627M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FN positions and 21 closed out — a net gain of 13 holders — while 53 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $18.7M. The largest seller was Asia Pacific Associates III, cutting an estimated $63.8M.
- 135 institutional investors held Fabrinet (FN) as of Q2 2014, up from 122 in Q1 2014.
- Funds reported $635M of Fabrinet stock for Q2 2014, up 1.3% quarter-over-quarter.
- 34 funds opened new Fabrinet positions in Q2 2014 and 21 closed out, a net change of +13 holders.
- The largest Fabrinet buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $18.7M added.
- The largest Fabrinet seller in Q2 2014 was Asia Pacific Associates III, an estimated $63.8M sold.
Based on aggregated 13F filings for Q2 2014.