Floor & Decor
303 hedge funds and large institutions have $7.51B invested in Floor & Decor in 2020 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 101 increasing their positions, 96 reducing their positions, and 39 closing their positions.
92% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 39
35% more call options, than puts
Call options by funds: $50.1M | Put options by funds: $37.2M
23% more capital invested
Capital invested by funds: $6.09B → $7.51B (+$1.43B)
12% more funds holding
Funds holding: 270 → 303 (+33)
5% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 96
6.09% less ownership
Funds ownership: 103.03% → 96.94% (-6.1%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$151M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$110M |
| 3 |
BlackRock
New York
|
+$52.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$39.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$313M |
| 2 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
-$72M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$39.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$33.4M |
| 5 |
TCCM
Two Creeks Capital Management
New York
|
-$29.3M |
FND Hedge Fund Activity: Q3 2020 in Review
303 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q3 2020, worth a combined $7.51B — up 23% from $6.09B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FND positions and 39 closed out — a net gain of 36 holders — while 101 added to existing stakes and 96 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $151M. The largest seller was Ares Management, exiting entirely with an estimated $313M sold.
- 303 institutional investors held Floor & Decor (FND) as of Q3 2020, up from 270 in Q2 2020.
- Funds reported $7.51B of Floor & Decor stock for Q3 2020, up 23% quarter-over-quarter.
- 75 funds opened new Floor & Decor positions in Q3 2020 and 39 closed out, a net change of +36 holders.
- The largest Floor & Decor buyer in Q3 2020 was Fidelity Investments, an estimated $151M added.
- The largest Floor & Decor seller in Q3 2020 was Ares Management, an estimated $313M sold.
Based on aggregated 13F filings for Q3 2020.