Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fastenal Co (FAST)

1K + Investors. Track Smart Money conviction in FAST. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +50
Streak
1Q ▲
Buyers last Q
51%

Smart Money Signals — FAST

Based on 1417 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added FAST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,417 hedge funds hold FAST right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+188 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

677 buying647 selling
Last quarter: 677 funds bought or added vs 647 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~167 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 155 → 169 → 165 → 167. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 18% medium ■ 17% new
921 out of 1,417 hedge funds have held FAST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~167 new funds/quarter

127 → 155 → 169 → 165 → 167 new funds/Q
New funds entering each quarter: 155 → 169 → 165 → 167. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 21% newcomers

■ 68% veterans ■ 11% 1-2yr ■ 21% new
Entry-cohort mix of 1,453 holders: 993 (68%) are 2+ year veterans, 154 entered 1–2 years ago, and 306 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
66 of 1406 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in FAST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FAST

In 2026 Q1, 677 hedge funds were net buyers of FAST (167 opened a new position, 510 added to an existing one), while 647 reduced or exited (530 trimmed, 117 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 45% of total institutional value in FAST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +50 funds (more new holders than closures). Total institutional holders: 1417.

Hedge Fund Ownership: FAST

How many hedge funds hold FAST — quarterly history vs. share price
Quarterly hedge fund ownership of FAST vs. share price

Market Analysis: FAST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FAST

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Fastenal Co (FAST) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FAST has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 88d ago
FAST
+1.5%
XLI
+12.3%

FAST outperformed XLI by -10.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 43d ago
FAST
+8.9%
XLI
+6.0%

Since the filing became public, FAST outperformed XLI by +2.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

72 top-rated funds 9 high-conviction
Consensus
8.1
/ 10
breadth
×
Elite
4.7
/ 10
conviction
Hedge Fund Positioning: FAST
1K + Investors

Track Smart Money conviction in FAST. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1402 1367 2.56%
13F Shares 944M 971M -2.75%
Total Value $42.65B $38.70B 10.2%
New Positions 163 165 -2
Increased Positions 499 463 +36
Closed Positions 128 168 -40
Reduced Positions 511 547 -36
Total Calls 22 21 4.76%
Total Puts 25 25 -
PUT/CALL Ratio 1.14 1.19 Neutral

Statistics: FAST

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FAST. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FAST holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Caledonia Investments plc 7.51% 1,385,112 $64.3M
2 Postrock Partners LLC 7.27% 338,720 $15.7M
3 Quantum Capital Management, LLC / NJ 5.66% 953,546 $44.2M
4 Clark & Stuart, Inc 5.20% 166,151 $7.7M
5 Diversified Investment Strategies, LLC 4.52% 152,555 $7.1M
6 Long Road Investment Counsel, LLC 4.51% 247,990 $11.5M
7 Provident Trust Co 4.39% 4,520,328 $209.7M
8 Loudon Investment Management, LLC 3.94% 157,907 $7.3M
9 Fenimore Asset Management Inc 3.79% 3,658,472 $169.8M
10 Absher Wealth Management, LLC 3.66% 672,862 $31.2M
11 Kampmann Melissa S. 3.65% 98,075 $4.6M
12 Compass Capital Management, Inc 3.59% 1,279,691 $59.4M
13 Nichols & Pratt Advisers LLP /Ma 3.42% 1,141,131 $52.9M
14 Progressive Investment Management Corp 3.08% 251,340 $11.7M
15 Marshfield Associates 3.08% 3,309,287 $153.6M
16 Paradiem, LLC 2.93% 286,526 $13.3M
17 Parthenon LLC 2.88% 543,072 $25.2M
18 Oak Asset Management, LLC 2.88% 180,306 $8.4M
19 Thomas Story & Son LLC 2.79% 156,650 $7.3M
20 Douglass Winthrop Advisors, LLC 2.65% 3,116,146 $144.6M
21 Titan Investment Solutions Ltd 2.57% 432,463 $20.1M
22 Riverbridge Partners LLC 2.52% 2,221,882 $103.1M
23 Cantillon Capital Management LLC 2.52% 8,166,664 $378.9M
24 Bontempo Ohly Capital Mgmt LLC 2.44% 116,664 $5.4M
25 Bellecapital International Ltd. 2.43% 282,376 $13.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Fastenal Co (FAST)

What does the Smart Money Trend signal show for FAST?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added FAST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FAST?

Slight buying edge — 51% buying: Last quarter: 677 funds bought or added vs 647 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FAST holders?

Elite ownership — 45% AUM from top-100 funds: 66 of 1406 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in FAST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FAST?

65% of holders stayed for 2+ years: 921 out of 1,417 hedge funds have held FAST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Fastenal Co (FAST) following the 2026 Q1 hedge fund 13F filings?

As of today, FAST has moved +8.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLI sector ETF — an outperformance of +2.9%. Since the quarter end (March 31, 2026), FAST has gained +1.5% vs +12.3% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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