Fabrinet
204 hedge funds and large institutions have $1.32B invested in Fabrinet in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 73 increasing their positions, 68 reducing their positions, and 44 closing their positions.
405% more call options, than puts
Call options by funds: $29.5M | Put options by funds: $5.83M
7% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 68
0.84% more ownership
Funds ownership: 94.07% → 94.91% (+0.84%)
7% less funds holding
Funds holding: 220 → 204 (-16)
12% less capital invested
Capital invested by funds: $1.5B → $1.32B (-$183M)
32% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 44
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.1M |
| 3 |
Renaissance Technologies
New York
|
+$9.9M |
| 4 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$9.65M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$37.9M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$25.4M |
| 3 |
QAM
Quentec Asset Management
New York
|
-$11.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$5.22M |
FN Hedge Fund Activity: Q3 2017 in Review
204 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q3 2017, worth a combined $1.32B — down 12% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FN and 30 opened new positions — a net loss of 14 holders — while 68 trimmed existing stakes and 73 added.
The largest buyer was Fidelity Investments, adding an estimated $14.4M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $37.9M sold.
- 204 institutional investors held Fabrinet (FN) as of Q3 2017, down from 220 in Q2 2017.
- Funds reported $1.32B of Fabrinet stock for Q3 2017, down 12% quarter-over-quarter.
- 30 funds opened new Fabrinet positions in Q3 2017 and 44 closed out, a net change of -14 holders.
- The largest Fabrinet buyer in Q3 2017 was Fidelity Investments, an estimated $14.4M added.
- The largest Fabrinet seller in Q3 2017 was Whale Rock Capital Management, an estimated $37.9M sold.
Based on aggregated 13F filings for Q3 2017.