Fastly Inc
FSLY
87 hedge funds and large institutions have $299M invested in Fastly Inc in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 25 closing their positions.
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
21% more funds holding
Funds holding: 72 → 87 (+15)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
10.01% less ownership
Funds ownership: 104.04% → 94.03% (-10%)
16% less capital inflows, than outflows
Capital inflows: $104M | Capital outflows: $124M
26% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $21.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Abdiel Capital Advisors
New York
|
+$38.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$13.5M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$12.6M |
| 4 |
Gilder Gagnon Howe & Co
New York
|
+$6.27M |
| 5 |
Athanor Capital
New York
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Putnam Investments
Boston,
Massachusetts
|
-$20.8M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.4M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$11.4M |
| 5 |
Waddell & Reed Financial
Overland Park,
Kansas
|
-$9.9M |
FSLY Hedge Fund Activity: Q3 2019 in Review
87 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Fastly Inc (FSLY) for Q3 2019, worth a combined $299M — up 7.5% from $278M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FSLY positions and 25 closed out — a net gain of 15 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Abdiel Capital Advisors, adding an estimated $38.7M. The largest seller was Putnam Investments, exiting entirely with an estimated $20.8M sold.
- 87 institutional investors held Fastly Inc (FSLY) as of Q3 2019, up from 72 in Q2 2019.
- Funds reported $299M of Fastly Inc stock for Q3 2019, up 7.5% quarter-over-quarter.
- 40 funds opened new Fastly Inc positions in Q3 2019 and 25 closed out, a net change of +15 holders.
- The largest Fastly Inc buyer in Q3 2019 was Abdiel Capital Advisors, an estimated $38.7M added.
- The largest Fastly Inc seller in Q3 2019 was Putnam Investments, an estimated $20.8M sold.
Based on aggregated 13F filings for Q3 2019.