Fabrinet
220 hedge funds and large institutions have $1.5B invested in Fabrinet in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 87 increasing their positions, 76 reducing their positions, and 53 closing their positions.
387% more call options, than puts
Call options by funds: $50.1M | Put options by funds: $10.3M
14% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 76
3% more capital invested
Capital invested by funds: $1.46B → $1.5B (+$37.7M)
0.03% more ownership
Funds ownership: 94.04% → 94.07% (+0.03%)
8% less funds holding
Funds holding: 239 → 220 (-19)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
36% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.2M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$18.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.7M |
| 4 |
RA
Royce & Associates
New York
|
+$15M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$36.9M |
| 2 |
GCP
Garelick Capital Partners
Boston,
Massachusetts
|
-$24.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$13.7M |
| 4 |
Morgan Stanley
New York
|
-$12.4M |
| 5 |
OAM
Origin Asset Management
London,
United Kingdom
|
-$11.5M |
FN Hedge Fund Activity: Q2 2017 in Review
220 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q2 2017, worth a combined $1.5B — up 2.6% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of FN and 34 opened new positions — a net loss of 19 holders — while 76 trimmed existing stakes and 87 added.
The largest buyer was Fidelity Investments, adding an estimated $25.2M. The largest seller was Westpac Banking Corp, exiting entirely with an estimated $36.9M sold.
- 220 institutional investors held Fabrinet (FN) as of Q2 2017, down from 239 in Q1 2017.
- Funds reported $1.5B of Fabrinet stock for Q2 2017, up 2.6% quarter-over-quarter.
- 34 funds opened new Fabrinet positions in Q2 2017 and 53 closed out, a net change of -19 holders.
- The largest Fabrinet buyer in Q2 2017 was Fidelity Investments, an estimated $25.2M added.
- The largest Fabrinet seller in Q2 2017 was Westpac Banking Corp, an estimated $36.9M sold.
Based on aggregated 13F filings for Q2 2017.