Fabrinet
329 hedge funds and large institutions have $6B invested in Fabrinet in 2023 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 112 increasing their positions, 121 reducing their positions, and 26 closing their positions.
146% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 26
75% more call options, than puts
Call options by funds: $38.8M | Put options by funds: $22.2M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
31% more capital invested
Capital invested by funds: $4.59B → $6B (+$1.41B)
12% more funds holding
Funds holding: 293 → 329 (+36)
2.07% more ownership
Funds ownership: 97.36% → 99.43% (+2.1%)
7% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$39.5M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$37.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$27.5M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$27M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$34M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$31.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$29M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$18.4M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$14.8M |
FN Hedge Fund Activity: Q3 2023 in Review
329 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q3 2023, worth a combined $6B — up 31% from $4.59B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new FN positions and 26 closed out — a net gain of 38 holders — while 112 added to existing stakes and 121 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $39.5M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $34M sold.
- 329 institutional investors held Fabrinet (FN) as of Q3 2023, up from 293 in Q2 2023.
- Funds reported $6B of Fabrinet stock for Q3 2023, up 31% quarter-over-quarter.
- 64 funds opened new Fabrinet positions in Q3 2023 and 26 closed out, a net change of +38 holders.
- The largest Fabrinet buyer in Q3 2023 was Hood River Capital Management, an estimated $39.5M added.
- The largest Fabrinet seller in Q3 2023 was Alyeska Investment Group, an estimated $34M sold.
Based on aggregated 13F filings for Q3 2023.