Floor & Decor
450 hedge funds and large institutions have $14.2B invested in Floor & Decor in 2023 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 140 increasing their positions, 147 reducing their positions, and 54 closing their positions.
85% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 54
29% more capital invested
Capital invested by funds: $11B → $14.2B (+$3.21B)
9% more funds holding
Funds holding: 411 → 450 (+39)
5.34% more ownership
Funds ownership: 113.95% → 119.29% (+5.3%)
5% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 147
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
60% less call options, than puts
Call options by funds: $132M | Put options by funds: $333M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$517M |
| 2 |
Neuberger Berman Group
New York
|
+$141M |
| 3 |
State Street
Boston,
Massachusetts
|
+$134M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$73M |
| 5 |
JP Morgan Chase
New York
|
+$58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$224M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$196M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.6M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$69.1M |
| 5 |
Morgan Stanley
New York
|
-$61.7M |
FND Hedge Fund Activity: Q4 2023 in Review
450 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Floor & Decor (FND) for Q4 2023, worth a combined $14.2B — up 29% from $11B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new FND positions and 54 closed out — a net gain of 46 holders — while 140 added to existing stakes and 147 trimmed.
The largest buyer was BlackRock, adding an estimated $517M. The largest seller was T. Rowe Price Associates, cutting an estimated $224M.
- 450 institutional investors held Floor & Decor (FND) as of Q4 2023, up from 411 in Q3 2023.
- Funds reported $14.2B of Floor & Decor stock for Q4 2023, up 29% quarter-over-quarter.
- 100 funds opened new Floor & Decor positions in Q4 2023 and 54 closed out, a net change of +46 holders.
- The largest Floor & Decor buyer in Q4 2023 was BlackRock, an estimated $517M added.
- The largest Floor & Decor seller in Q4 2023 was T. Rowe Price Associates, an estimated $224M sold.
Based on aggregated 13F filings for Q4 2023.