Floor & Decor
190 hedge funds and large institutions have $2.78B invested in Floor & Decor in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 69 increasing their positions, 51 reducing their positions, and 50 closing their positions.
52% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $15.8M
35% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 51
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4.7% more ownership
Funds ownership: 105.39% → 110.1% (+4.7%)
6% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 50
3% less funds holding
Funds holding: 195 → 190 (-5)
10% less capital invested
Capital invested by funds: $3.09B → $2.78B (-$314M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
Joho Capital
New York
|
+$76.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$69.5M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
+$63.4M |
| 4 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
+$37.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$105M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$47.6M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$38M |
| 4 |
ECM
Element Capital Management
New York
|
-$30M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$18.9M |
FND Hedge Fund Activity: Q4 2018 in Review
190 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q4 2018, worth a combined $2.78B — down 10% from $3.09B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of FND and 47 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 69 added.
The largest buyer was Joho Capital, adding an estimated $76.8M. The largest seller was Wellington Management Group, cutting an estimated $105M.
- 190 institutional investors held Floor & Decor (FND) as of Q4 2018, down from 195 in Q3 2018.
- Funds reported $2.78B of Floor & Decor stock for Q4 2018, down 10% quarter-over-quarter.
- 47 funds opened new Floor & Decor positions in Q4 2018 and 50 closed out, a net change of -3 holders.
- The largest Floor & Decor buyer in Q4 2018 was Joho Capital, an estimated $76.8M added.
- The largest Floor & Decor seller in Q4 2018 was Wellington Management Group, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2018.