Floor & Decor
383 hedge funds and large institutions have $11.6B invested in Floor & Decor in 2023 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 132 increasing their positions, 123 reducing their positions, and 48 closing their positions.
44% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 48
44% more capital invested
Capital invested by funds: $8.08B → $11.6B (+$3.53B)
4% more funds holding
Funds holding: 370 → 383 (+13)
1.27% more ownership
Funds ownership: 109.98% → 111.25% (+1.3%)
7% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 123
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
41% less call options, than puts
Call options by funds: $126M | Put options by funds: $214M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$230M |
| 2 |
Morgan Stanley
New York
|
+$140M |
| 3 |
BlackRock
New York
|
+$126M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$108M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$205M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$96M |
| 3 |
TCCM
Two Creeks Capital Management
New York
|
-$51.9M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$42.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$41.5M |
FND Hedge Fund Activity: Q1 2023 in Review
383 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q1 2023, worth a combined $11.6B — up 44% from $8.08B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new FND positions and 48 closed out — a net gain of 21 holders — while 132 added to existing stakes and 123 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $230M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $205M sold.
- 383 institutional investors held Floor & Decor (FND) as of Q1 2023, up from 370 in Q4 2022.
- Funds reported $11.6B of Floor & Decor stock for Q1 2023, up 44% quarter-over-quarter.
- 69 funds opened new Floor & Decor positions in Q1 2023 and 48 closed out, a net change of +21 holders.
- The largest Floor & Decor buyer in Q1 2023 was Baillie Gifford & Co, an estimated $230M added.
- The largest Floor & Decor seller in Q1 2023 was D1 Capital Partners, an estimated $205M sold.
Based on aggregated 13F filings for Q1 2023.