Floor & Decor
218 hedge funds and large institutions have $3.45B invested in Floor & Decor in 2020 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 87 increasing their positions, 70 reducing their positions, and 45 closing their positions.
134% more call options, than puts
Call options by funds: $32.2M | Put options by funds: $13.8M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
24% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 70
0.21% less ownership
Funds ownership: 105.23% → 105.02% (-0.21%)
9% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 45
3% less funds holding
Funds holding: 224 → 218 (-6)
36% less capital invested
Capital invested by funds: $5.4B → $3.45B (-$1.96B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$170M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$75.9M |
| 3 |
BlackRock
New York
|
+$44.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$171M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$43.7M |
| 3 |
JC
Joho Capital
New York
|
-$42.4M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$31.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$243K | -4,791 | Closed |
|
|
CEP
252
Chicago Equity Partners
Chicago,
Illinois
| – | -$217K | -4,275 | Closed |
|
253
Prudential Financial
Newark,
New Jersey
| – | -$212K | -4,181 | Closed |
|
254
LPL Financial
San Diego,
California
| – | -$203K | -4,001 | Closed |
|
|
FG
255
Fiduciary Group
Savannah,
Georgia
| – | -$203K | -4,000 | Closed |
|
|
BBHC
256
Brown Brothers Harriman & Co
New York
| – | -$166K | -3,264 | Closed |
|
|
VCP
257
Verus Capital Partners
Scottsdale,
Arizona
| – | -$40K | -795 | Closed |
|
|
CFB
258
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$11K | -223 | Closed |
|
|
TPCW
259
TD Private Client Wealth
New York
| – | -$4.52K | -89 | Closed |
|
|
SFS
260
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$2K | -41 | Closed |
|
261
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$187 | +4 | +200% |
|
|
VCM
262
Versant Capital Management
Phoenix,
Arizona
| – | +$467 | +10 | +200% |
|
FND Hedge Fund Activity: Q1 2020 in Review
218 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q1 2020, worth a combined $3.45B — down 36% from $5.4B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FND and 41 opened new positions — a net loss of 4 holders — while 70 trimmed existing stakes and 87 added.
The largest buyer was Abdiel Capital Advisors, opening a new position worth an estimated $170M. The largest seller was Wellington Management Group, cutting an estimated $171M.
- 218 institutional investors held Floor & Decor (FND) as of Q1 2020, down from 224 in Q4 2019.
- Funds reported $3.45B of Floor & Decor stock for Q1 2020, down 36% quarter-over-quarter.
- 41 funds opened new Floor & Decor positions in Q1 2020 and 45 closed out, a net change of -4 holders.
- The largest Floor & Decor buyer in Q1 2020 was Abdiel Capital Advisors, an estimated $170M added.
- The largest Floor & Decor seller in Q1 2020 was Wellington Management Group, an estimated $171M sold.
Based on aggregated 13F filings for Q1 2020.