Floor & Decor
410 hedge funds and large institutions have $11B invested in Floor & Decor in 2023 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 137 increasing their positions, 158 reducing their positions, and 55 closing their positions.
1.89% more ownership
Funds ownership: 112.06% → 113.95% (+1.9%)
1% less funds holding
Funds holding: 414 → 410 (-4)
4% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 55
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
11% less capital invested
Capital invested by funds: $12.4B → $11B (-$1.41B)
13% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 158
60% less call options, than puts
Call options by funds: $78.7M | Put options by funds: $194M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$383M |
| 2 |
BlackRock
New York
|
+$109M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$54.1M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$187M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$163M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$124M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$91.2M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$21.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWA
451
FSM Wealth Advisors
Cleveland,
Ohio
| – | -$203K | -1,866 | Closed |
|
|
OP
452
ORG Partners
Roanoke,
Indiana
| – | -$100K | -960 | Closed |
|
|
MIH
453
Meitav Investment House
Bene-Beraq,
Israel
| – | -$84.1K | -824 | Closed |
|
454
Parallax Volatility Advisers
San Francisco,
California
| – | -$75.9K | -730 | Closed |
|
455
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$44.2K | -425 | Closed |
|
|
CFO
456
CVA Family Office
Denver,
Colorado
| – | -$19.8K | -190 | Closed |
|
|
LSA
457
Leonteq Securities AG
Zurich,
Switzerland
| – | -$16.7K | -161 | Closed |
|
|
RI
458
Ridgewood Investments
Springfield,
New Jersey
| – | -$10.4K | -100 | Closed |
|
|
AWM
459
Activest Wealth Management
Aventure,
Florida
| – | -$5K | -52 | Closed |
|
460
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -24 | Closed |
|
|
DI
461
Disciplined Investments
Tulsa,
Oklahoma
| – | -$1.98K | -19 | Closed |
|
|
FA
462
Fiduciary Alliance
Greenville,
South Carolina
| – | -$520 | -5 | Closed |
|
|
IPW
463
Impact Partnership Wealth
Marietta,
Georgia
| – | -$104 | -1 | Closed |
|
FND Hedge Fund Activity: Q3 2023 in Review
410 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q3 2023, worth a combined $11B — down 11% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of FND and 53 opened new positions — a net loss of 2 holders — while 158 trimmed existing stakes and 137 added.
The largest buyer was Capital Research Global Investors, adding an estimated $383M. The largest seller was Morgan Stanley, cutting an estimated $187M.
- 410 institutional investors held Floor & Decor (FND) as of Q3 2023, down from 414 in Q2 2023.
- Funds reported $11B of Floor & Decor stock for Q3 2023, down 11% quarter-over-quarter.
- 53 funds opened new Floor & Decor positions in Q3 2023 and 55 closed out, a net change of -2 holders.
- The largest Floor & Decor buyer in Q3 2023 was Capital Research Global Investors, an estimated $383M added.
- The largest Floor & Decor seller in Q3 2023 was Morgan Stanley, an estimated $187M sold.
Based on aggregated 13F filings for Q3 2023.