Floor & Decor
372 hedge funds and large institutions have $12.5B invested in Floor & Decor in 2021 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 135 increasing their positions, 118 reducing their positions, and 30 closing their positions.
133% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 30
16% more capital invested
Capital invested by funds: $10.7B → $12.5B (+$1.74B)
14% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 118
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
11% more funds holding
Funds holding: 336 → 372 (+36)
1.32% more ownership
Funds ownership: 96.66% → 97.98% (+1.3%)
36% less call options, than puts
Call options by funds: $57.3M | Put options by funds: $89.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$350M |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$97.5M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$63.8M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$39.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$67.5M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$60.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$57.7M |
| 4 |
Millennium Management
New York
|
-$36.5M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$33.8M |
FND Hedge Fund Activity: Q3 2021 in Review
372 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q3 2021, worth a combined $12.5B — up 16% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FND positions and 30 closed out — a net gain of 40 holders — while 135 added to existing stakes and 118 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $350M. The largest seller was Invesco, cutting an estimated $67.5M.
- 372 institutional investors held Floor & Decor (FND) as of Q3 2021, up from 336 in Q2 2021.
- Funds reported $12.5B of Floor & Decor stock for Q3 2021, up 16% quarter-over-quarter.
- 70 funds opened new Floor & Decor positions in Q3 2021 and 30 closed out, a net change of +40 holders.
- The largest Floor & Decor buyer in Q3 2021 was WCM Investment Management, an estimated $350M added.
- The largest Floor & Decor seller in Q3 2021 was Invesco, an estimated $67.5M sold.
Based on aggregated 13F filings for Q3 2021.