FASTLY INC FSLY
CL A · Common Stock · CUSIP 31188V100 · ISIN US31188V1008
Web infrastructure company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSan Francisco, CA
- Founded2011
- Websitefastly.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.0m this quarter). Holder counts are more reliable. Shares outstanding: 138.6m as of 2024-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $7.39. Options: 22 managers hold calls ($25.3m notional), 21 hold puts ($30.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 247 |
| Q4 2022 | 233 |
| Q1 2023 | 259 |
| Q2 2023 | 247 |
| Q3 2023 | 255 |
| Q4 2023 | 265 |
| Q1 2024 | 259 |
| Q2 2024 | 244 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 102 | 120 |
| Q1 2023 | 134 | 114 |
| Q2 2023 | 110 | 134 |
| Q3 2023 | 122 | 117 |
| Q4 2023 | 122 | 118 |
| Q1 2024 | 137 | 132 |
| Q2 2024 | 123 | 127 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $101.0m | $89.5m | 0.89 |
| Q4 2023 | $76.8m | $79.8m | 1.04 |
| Q1 2024 | $85.0m | $65.0m | 0.76 |
| Q2 2024 | $25.3m | $30.7m | 1.21 |
Biggest buyers
| VANGUARD GROUP INC | Added | +1.7m |
| Penserra Capital Management LLC | Added | +1.4m |
| Cubist Systematic Strategies, LLC | New | +1.0m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +820.9k |
| BlackRock Inc. | Added | +789.3k |
| Squarepoint Ops LLC | Added | +756.3k |
| D. E. Shaw & Co., Inc. | Added | +669.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +661.1k |
| Point72 Asset Management, L.P. | Added | +621.7k |
| GMT Capital Corp | New | +598.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -12.3m |
| FIRST TRUST ADVISORS LP | Reduced | -3.7m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.0m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -1.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| JENNISON ASSOCIATES LLC | Sold out | -1.1m |
| Alyeska Investment Group, L.P. | Reduced | -752.2k |
| NEUBERGER BERMAN GROUP LLC | Sold out | -601.9k |
| SQN Investors LP | Sold out | -522.7k |
| GAM Holding AG | Sold out | -437.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $6.1m829.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.2m438.6k shares |
| Walleye Trading LLC | Added | $2.3m314.9k shares |
| GTS SECURITIES LLC | Added | $1.8m244.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m234.0k shares |
| IMC-Chicago, LLC | Added | $1.5m199.9k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $1.1m154.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.0m140.2k shares |
| TWO SIGMA SECURITIES, LLC | Added | $929.4k126.1k shares |
| BARCLAYS PLC | Added | $921.2k125.0k shares |
Biggest puts
| Squarepoint Ops LLC | Reduced | $5.8m783.3k shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m426.8k shares |
| Walleye Capital LLC | Added | $3.0m412.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6m358.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m308.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $2.2m302.4k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.1m291.3k shares |
| IMC-Chicago, LLC | Added | $1.7m230.0k shares |
| Crawford Fund Management, LLC | Added | $1.5m198.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $1.4m190.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-07-30 | 8.9% |
| FMR LLC 13G · institution +1.9 pts · filed 2026-08-06 | 7.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| Capital World Investors 13G · institution new · filed 2026-08-12 | 5.3% |
Fell to 5% or below in the last year: Legal & General Group Plc (2.8%, 2026-08-14), MORGAN STANLEY (0.7%, 2026-05-11), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Bergman Artur (4.7%, 2026-02-12)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 4 | $1.4m | — |
| Q4 2022 | 0 | — | 5 | $5.4m | — |
| Q1 2023 | 0 | — | 4 | $3.8m | $589.5k |
| Q2 2023 | 0 | — | 4 | $8.1m | $3.1m |
| Q3 2023 | 0 | — | 5 | $7.7m | $5.2m |
| Q4 2023 | 0 | — | 5 | $11.4m | $4.4m |
| Q1 2024 | 0 | — | 5 | $6.4m | $4.2m |
| Q2 2024 | 0 | — | 3 | $1.3m | $263.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-29 | KISLING RONALD W Chief Financial Officer | Sold | $9.8k1.2k shares |
| 2024-05-23 | Nightingale Todd CEO, director | Sold | $108.5k12.2k shares |
| 2024-05-23 | KISLING RONALD W Chief Financial Officer | Sold | $26.0k2.9k shares |
| 2024-05-17 | Bergman Artur Chief Technology Officer, director | Sold plan | $12.3k1.4k shares |
| 2024-05-16 | Nightingale Todd CEO, director | Sold | $578.6k65.4k shares |
| 2024-05-16 | KISLING RONALD W Chief Financial Officer | Sold | $204.2k23.1k shares |
| 2024-05-16 | Bergman Artur Chief Technology Officer, director | Sold plan | $96.6k10.9k shares |
| 2024-04-16 | KISLING RONALD W Chief Financial Officer | Sold | $97.3k7.5k shares |
| 2024-04-01 | KISLING RONALD W Chief Financial Officer | Sold plan | $155.0k12.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 15.3m $112.7m | Added +1.7m |
| MORGAN STANLEY 0.01% of their portfolio | 11.9m $87.5m | Reduced -12.3m |
| BlackRock Inc. 0.00% of their portfolio | 11.8m $87.3m | Added +789.3k |
| Legal & General Group Plc 0.01% of their portfolio | 7.0m $51.2m | Added +531.8k |
| Penserra Capital Management LLC 0.40% of their portfolio | 4.3m $31.5m | Added +1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.4m $24.9m | Added +5.6k |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $22.5m | Added +284.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $21.9m | Added +250.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 2.7m $19.7m | Reduced -3.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 2.0m $15.1m | Added +820.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.6m $11.9m | Reduced -1.1m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $11.6m | Added +544.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $9.3m | Reduced -87.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $8.6m | Reduced -63.4k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 1.0m $7.6m | New |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 983.6k $7.2m | Added +506.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 928.4k $6.8m | Reduced -32.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 896.6k $6.6m | Reduced -70.4k |
| Squarepoint Ops LLC 0.02% of their portfolio | 887.1k $6.5m | Added +756.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 845.2k $6.2m | Added +669.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 823.6k $6.1m | First filing |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 756.4k $5.6m | Added +621.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 746.6k $5.5m | Added +661.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 664.1k $4.9m | Added +20.7k |
| GMT Capital Corp 0.16% of their portfolio | 598.8k $4.4m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 512.4k $3.8m | Added +55.5k |
| UBS Group AG 0.00% of their portfolio | 436.2k $3.2m | Reduced -5.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 423.6k $3.1m | Added +11.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 375.3k $2.8m | Reduced -395.8k |
| Walleye Capital LLC 0.03% of their portfolio | 369.2k $2.7m | Added +308.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 364.8k $2.7m | Added +112.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 355.0k $2.6m | Added +253.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 328.3k $2.4m | Added +22.6k |
| NORGES BANK 0.00% of their portfolio | 305.1k $2.2m | Reduced -112.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 292.3k $2.2m | Added +68.8k |
| Relyea Zuckerberg Hanson LLC 0.36% of their portfolio | 288.6k $2.1m | Added +8.8k |
| Lane Generational LLC 2.45% of their portfolio | 280.1k $2.1m | Added +72.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 279.1k $2.1m | Added +48.7k |
| Swiss National Bank 0.00% of their portfolio | 250.8k $1.8m | Added +18.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 249.8k $1.8m | Reduced -165.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 241.3k $1.8m | Added +86.4k |
| CITIGROUP INC 0.00% of their portfolio | 218.4k $1.6m | Added +40.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 206.6k $1.5m | Reduced -307.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 206.4k $1.5m | Added +93.8k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 202.1k $1.5m | Added +165.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 193.7k $1.4m | Reduced -22.7k |
| BARCLAYS PLC 0.00% of their portfolio | 191.0k $1.4m | Added +47.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 189.8k $1.4m | Added +14.8k |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 179.3k $1.3m | Added +24.4k |
| IMC-Chicago, LLC 0.04% of their portfolio | 171.1k $1.3m | Added +72.9k |
| PDT Partners, LLC 0.12% of their portfolio | 168.9k $1.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 168.1k $1.2m | Reduced -3.0m |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.34% of their portfolio | 168.0k $1.2m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 167.3k $1.2m | New |
| Invesco Ltd. 0.00% of their portfolio | 164.1k $1.2m | Added +2.0k |
| Verition Fund Management LLC 0.01% of their portfolio | 155.4k $1.1m | Added +137.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 151.2k $1.1m | Added +139.5k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 144.0k $1.1m | Added +72.7k |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 144.0k $1.1m | Reduced -752.2k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 137.3k $1.0m | Reduced -106.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 124.7k $919.0k | Added +58.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 124.5k $917.3k | Added +6.3k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 120.1k $885.3k | Reduced -106.9k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 118.1k $870.4k | Added +101.8k |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 113.5k $836.8k | Added +91.6k |
| Numerai GP LLC 0.28% of their portfolio | 105.9k $780.2k | New |
| Willow Creek Wealth Management Inc. 0.09% of their portfolio | 102.5k $755.4k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 98.2k $724.0k | Added +15.8k |
| BERYLSON CAPITAL PARTNERS, LLC 1.73% of their portfolio | 92.0k $678.0k | Unchanged |
| Centiva Capital, LP 0.03% of their portfolio | 87.3k $643.2k | Added +34.1k |
| GTS SECURITIES LLC 0.01% of their portfolio | 85.1k $626.9k | Added +25.5k |
| Leonteq Securities AG 0.08% of their portfolio | 81.3k $599.4k | Added +50.3k |
| Qsemble Capital Management, LP 0.11% of their portfolio | 79.5k $586.2k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 74.5k $549.3k | Added +12.0k |
| Bayesian Capital Management, LP 0.06% of their portfolio | 72.2k $532.1k | New |
| Corebridge Financial, Inc. 0.00% of their portfolio | 69.3k $510.9k | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 68.3k $503.4k | Added +2.1k |
| Quadrature Capital Ltd 0.01% of their portfolio | 60.9k $447.9k | New |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 59.3k $436.7k | Added +5.9k |
| Amundi 0.00% of their portfolio | 58.6k $433.8k | Reduced -214.3k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 57.5k $423.6k | Reduced -21.8k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 55.7k $410.5k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 53.1k $390.9k | Reduced -630 |
| Vident Advisory, LLC 0.01% of their portfolio | 52.5k $387.0k | Added +34.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 49.0k $361.0k | Added +18.3k |
| 180 WEALTH ADVISORS, LLC 0.06% of their portfolio | 48.8k $364.8k | Added +37.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 48.5k $357.7k | Added +1.0k |
| Mariner, LLC 0.00% of their portfolio | 44.5k $328.0k | Added +24.0k |
| LPL Financial LLC 0.00% of their portfolio | 44.1k $325.3k | Reduced -56 |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 43.4k $320.0k | New |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 42.4k $313.0k | Added +8.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 42.4k $312.5k | Reduced -46.2k |
| COMMERCE BANK 0.00% of their portfolio | 41.3k $304.2k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 41.1k $302.8k | Reduced -44 |
| Cetera Investment Advisers 0.00% of their portfolio | 40.5k $298.4k | Reduced -2.7k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 39.4k $290.5k | Added +28.6k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 38.2k $284.8k | Reduced -1.2m |
| Man Group plc 0.00% of their portfolio | 38.2k $281.4k | Added +13.6k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 36.8k $270.9k | Reduced -54.3k |
| PEAK6 Investments LLC 0.01% of their portfolio | 36.3k $267.8k | New |