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
↓ -2
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — FAST

Based on 1287 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FAST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,287 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 — +13% more funds vs a year ago

fund count last 6Q
+147 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

609 buying681 selling
Last quarter: 681 funds reduced or exited vs 609 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~154 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 120 → 145 → 155 → 154. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
872 out of 1,287 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.
💎

Buying through price weakness — shares +1%, value -17%

Value
-16%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -17%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

126 → 120 → 145 → 155 → 154 new funds/Q
New funds entering each quarter: 120 → 145 → 155 → 154. A growing number of institutions are discovering FAST each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 10% 1-2yr ■ 21% new
Of 1,327 current holders: 919 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
43 of 1287 holders are among the 100 largest funds by AUM, controlling 58% 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 2025 Q4, 609 hedge funds were net buyers of FAST (154 opened a new position, 455 added to an existing one), while 681 reduced or exited (525 trimmed, 156 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 58% of total institutional value in FAST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 1287.

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

Industrials Industrial Distribution

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

122 top-rated funds 10 high-conviction
Consensus
9.1
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: FAST
2026 Q1 Stats Unlock in 8 days 1K + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1327 1339 -0.9%
13F Shares 951M 937M 1.5%
Total Value $37.96B $45.66B -16.86%
New Positions 155 160 -5
Increased Positions 510 558 -48
Closed Positions 162 95 +67
Reduced Positions 579 499 +80
Total Calls 21 30 -30.0%
Total Puts 25 33 -24.24%
PUT/CALL Ratio 1.19 1.1 Neutral

Statistics: FAST

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

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.

Top 25 institutional holders of FAST — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 STEGINSKY CAPITAL LLC 12.57% 1,638,760 $76K
2 CALEDONIA INVESTMENTS PLC 7.51% 1,385,112 $64.3M
3 POSTROCK PARTNERS LLC 7.27% 338,720 $15.7M
4 Clark & Stuart, Inc 5.20% 166,151 $7.7M
5 HARVEY INVESTMENT CO LLC 5.09% 998,616 $46K
6 Diversified Investment Strategies, LLC 4.52% 152,555 $7.1M
7 Long Road Investment Counsel, LLC 4.51% 247,990 $11.5M
8 PROVIDENT TRUST CO 4.39% 4,520,328 $209.7M
9 Loudon Investment Management, LLC 3.94% 157,907 $7.3M
10 ABSHER WEALTH MANAGEMENT, LLC 3.66% 672,862 $31.2M
11 Kampmann Melissa S. 3.65% 98,075 $4.6M
12 NICHOLS & PRATT ADVISERS LLP /MA 3.42% 1,141,131 $52.9M
13 Progressive Investment Management Corp 3.08% 251,340 $11.7M
14 Paradiem, LLC 2.93% 286,526 $13.3M
15 PARTHENON LLC 2.88% 543,072 $25.2M
16 Oak Asset Management, LLC 2.88% 180,306 $8.4M
17 THOMAS STORY & SON LLC 2.79% 156,650 $7.3M
18 RIVERBRIDGE PARTNERS LLC 2.52% 2,221,882 $103.1M
19 CANTILLON CAPITAL MANAGEMENT LLC 2.52% 8,166,664 $378.9M
20 Bellecapital International Ltd. 2.43% 282,376 $13.1M
21 GODSEY & GIBB, INC 2.30% 570,186 $26.5M
22 BOSTON RESEARCH & MANAGEMENT INC 2.22% 201,370 $9K
23 CONFLUENCE INVESTMENT MANAGEMENT LLC 2.14% 2,966,722 $137.7M
24 DONALDSON CAPITAL MANAGEMENT, LLC 2.11% 1,401,992 $65.1M
25 Fifth Third Wealth Advisors LLC 1.99% 1,270,078 $58.9M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FAST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FAST?

More sellers than buyers — 47% buying: Last quarter: 681 funds reduced or exited vs 609 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FAST holders?

Elite ownership — 58% AUM from top-100 funds: 43 of 1287 holders are among the 100 largest funds by AUM, controlling 58% 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?

68% of holders stayed for 2+ years: 872 out of 1,287 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.

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.