FASTENAL CO FAST
COM · Common Stock · CUSIP 311900104 · ISIN US3119001044
American industrial supply company based in Winona, Minnesota
- SectorConsumer discretionary
- IndustryRetail-Building Materials, Hardware, Garden Supply
- HeadquartersWinona, MN
- Founded1967
- Websitefastenal.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 ($156.4m this quarter). Holder counts are more reliable. Shares outstanding: 573.4m as of 2025-01-21, 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 ≈ $71.90. Options: 34 managers hold calls ($213.4m notional), 35 hold puts ($204.1m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 993 |
| Q4 2022 | 1,018 |
| Q1 2023 | 1,021 |
| Q2 2023 | 1,058 |
| Q3 2023 | 1,038 |
| Q4 2023 | 1,123 |
| Q1 2024 | 1,183 |
| Q2 2024 | 1,156 |
| Q3 2024 | 1,170 |
| Q4 2024 | 1,231 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 444 | 442 |
| Q2 2023 | 475 | 430 |
| Q3 2023 | 419 | 478 |
| Q4 2023 | 475 | 486 |
| Q1 2024 | 508 | 547 |
| Q2 2024 | 506 | 545 |
| Q3 2024 | 523 | 499 |
| Q4 2024 | 499 | 533 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $255.8m | $241.6m | 0.94 |
| Q2 2024 | $226.8m | $158.4m | 0.70 |
| Q3 2024 | $212.6m | $184.0m | 0.87 |
| Q4 2024 | $213.4m | $204.1m | 0.96 |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +2.9m |
| UBS Group AG | Added | +1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.1m |
| MORGAN STANLEY | Added | +1.1m |
| BlackRock, Inc. | Added | +1.0m |
| NORTHERN TRUST CORP | Added | +966.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +887.0k |
| Qube Research & Technologies Ltd | New | +734.5k |
| DONALDSON CAPITAL MANAGEMENT, LLC | New | +623.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.9m |
| BARCLAYS PLC | Reduced | -1.6m |
| Bank of New York Mellon Corp | Reduced | -1.4m |
| RIVERBRIDGE PARTNERS LLC | Reduced | -766.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -546.1k |
| INTECH INVESTMENT MANAGEMENT LLC | Reduced | -353.5k |
| Caisse de depot et placement du Quebec | Reduced | -311.9k |
| Thrivent Financial for Lutherans | Reduced | -309.3k |
| FLOSSBACH VON STORCH SE | Reduced | -303.3k |
| Andra AP-fonden | Reduced | -283.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $47.8m665.0k shares |
| CITADEL ADVISORS LLC | Reduced | $33.1m460.9k shares |
| JANE STREET GROUP, LLC | Added | $33.0m459.4k shares |
| WOLVERINE TRADING, LLC | Added | $12.3m170.7k shares |
| SIMPLEX TRADING, LLC | Added | $11.4m158.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $10.7m148.8k shares |
| IMC-Chicago, LLC | Added | $9.3m129.0k shares |
| CITIGROUP INC | Unchanged | $7.9m110.5k shares |
| PEAK6 LLC | First filing | $6.4m88.4k shares |
| GROUP ONE TRADING LLC | Added | $4.7m66.0k shares |
Biggest puts
| BARCLAYS PLC | Added | $31.8m442.7k shares |
| PEAK6 LLC | First filing | $25.1m349.0k shares |
| CITIGROUP INC | Added | $23.5m327.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.0m194.9k shares |
| IMC-Chicago, LLC | Added | $12.4m173.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $11.2m155.3k shares |
| CITADEL ADVISORS LLC | Added | $10.8m149.7k shares |
| Qube Research & Technologies Ltd | Added | $9.3m129.5k shares |
| WOLVERINE TRADING, LLC | Added | $8.4m117.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $8.3m116.1k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $798.6k | — |
| Q2 2023 | 0 | — | 2 | $1.2m | — |
| Q3 2023 | 1 | $28.8k | 1 | $1.1m | — |
| Q4 2023 | 0 | — | 7 | $8.4m | — |
| Q1 2024 | 0 | — | 7 | $9.3m | — |
| Q2 2024 | 2 | $292.2k | 1 | $732.2k | — |
| Q3 2024 | 0 | — | 1 | $6.6m | — |
| Q4 2024 | 0 | — | 13 | $24.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-22 | Jansen James C Executive Vice President | Sold | $1.6m19.6k shares |
| 2024-11-13 | Miller Charles S. SENIOR EXECUTIVE VP | Sold | $2.0m23.5k shares |
| 2024-11-13 | Johnson Daniel L. Director | Sold | $706.4k8.5k shares |
| 2024-11-11 | FLORNESS DANIEL L CEO, director | Sold | $2.7m31.8k shares |
| 2024-11-08 | LUNDQUIST NICHOLAS J Director | Sold | $705.7k8.5k shares |
| 2024-11-08 | Lisowski Sheryl Ann CAO/CONTROLLER/TREASURER | Sold | $501.2k6.0k shares |
| 2024-11-08 | Papenfuss Donnalee Kathleen EVP-Strategy and Communication | Sold | $374.5k4.5k shares |
| 2024-11-07 | Lewis Holden CHIEF FINANCIAL OFFICER/SREVP | Sold | $3.4m41.1k shares |
| 2024-11-06 | Soderberg John Lewis SENIOR EXECUTIVE VP | Sold | $1.6m19.1k shares |
| 2024-11-06 | Drazkowski William Joseph EXECUTIVE VICE-PRESIDENT | Sold | $1.4m17.3k shares |
| 2024-10-30 | Heise Rita J. Director | Sold | $845.7k10.9k shares |
| 2024-10-16 | WISECUP REYNE K Director | Sold | $1.7m21.8k shares |
| 2024-10-16 | Drazkowski William Joseph EXECUTIVE VICE-PRESIDENT | Sold | $1.3m16.4k shares |
| 2024-10-16 | Broersma Anthony Paul EVP-OPERATIONS | Sold | $52.9k680 shares |
| 2024-10-15 | LUNDQUIST NICHOLAS J Director | Sold | $1.7m22.5k shares |
| 2024-10-14 | Lewis Holden CHIEF FINANCIAL OFFICER/SREVP | Sold | $2.3m30.0k shares |
| 2024-10-14 | Lisowski Sheryl Ann CAO/CONTROLLER/TREASURER | Sold | $1.0m13.6k shares |
| 2024-10-14 | Soderberg John Lewis SENIOR EXECUTIVE VP · Held in custodian account for Daughter | Sold | $37.2k488 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 72.3m $5.2bn | Added +592.6k |
| BlackRock, Inc. 0.07% of their portfolio | 48.1m $3.5bn | Added +1.0m |
| STATE STREET CORP 0.08% of their portfolio | 28.0m $2.0bn | Added +30.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.28% of their portfolio | 20.8m $1.5bn | Added +887.0k |
| Bank of New York Mellon Corp 0.26% of their portfolio | 19.5m $1.4bn | Reduced -1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 16.9m $1.2bn | Added +234.7k |
| MORGAN STANLEY 0.05% of their portfolio | 10.5m $758.4m | Added +1.1m |
| Baird Financial Group, Inc. 1.14% of their portfolio | 8.3m $595.1m | Added +74.9k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 7.4m $534.4m | Reduced -546.1k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 7.3m $526.6m | Added +966.6k |
| NORGES BANK 0.07% of their portfolio | 7.3m $522.6m | Added +171.6k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 7.0m $504.7m | Added +116.9k |
| Invesco Ltd. 0.09% of their portfolio | 6.6m $476.6m | Added +33.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.25% of their portfolio | 6.4m $461.9m | Reduced -74.1k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 5.4m $389.5m | Reduced -2.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 5.3m $382.6m | Added +602.2k |
| Legal & General Group Plc 0.10% of their portfolio | 5.2m $376.1m | Reduced -19.9k |
| Cantillon Capital Management LLC 2.14% of their portfolio | 4.9m $354.7m | Added +26.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 4.8m $342.1m | Reduced -9.3k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 4.5m $324.6m | Reduced -58.6k |
| MACKENZIE FINANCIAL CORP 0.14% of their portfolio | 4.3m $304.8m | Added +2.9m |
| Thrivent Financial for Lutherans 0.58% of their portfolio | 4.2m $299.2m | Reduced -309.3k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.8m $275.4m | Added +51.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.56% of their portfolio | 3.7m $266.7m | Added +162.2k |
| UBS Group AG 0.06% of their portfolio | 3.7m $265.8m | Added +1.6m |
| BLAIR WILLIAM & CO/IL 0.68% of their portfolio | 3.3m $234.2m | Reduced -17.8k |
| ProShare Advisors LLC 0.53% of their portfolio | 3.2m $231.1m | Reduced -24.4k |
| MACQUARIE GROUP LTD 0.27% of their portfolio | 3.1m $222.8m | Added +30.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 3.1m $221.6m | Added +1.5m |
| USS Investment Management Ltd 1.49% of their portfolio | 2.8m $204.6m | Reduced -27.3k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 2.8m $204.1m | Reduced -240.3k |
| LONDON CO OF VIRGINIA 1.10% of their portfolio | 2.8m $201.6m | Reduced -172.9k |
| TD Asset Management Inc 0.18% of their portfolio | 2.8m $200.0m | Reduced -231.6k |
| PROVIDENT TRUST CO 3.41% of their portfolio | 2.7m $196.8m | Reduced -31.5k |
| MAIRS & POWER INC 1.88% of their portfolio | 2.7m $194.8m | Reduced -22.5k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.7m $194.0m | Reduced -3.9m |
| California Public Employees Retirement System 0.12% of their portfolio | 2.6m $186.7m | Reduced -52.1k |
| BAILLIE GIFFORD & CO 0.14% of their portfolio | 2.6m $185.4m | Reduced -123.8k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 2.6m $184.4m | Reduced -142.4k |
| DF DENT & CO INC 2.09% of their portfolio | 2.3m $165.2m | Reduced -212.8k |
| Epoch Investment Partners, Inc. 0.78% of their portfolio | 2.2m $161.3m | Added +110.1k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.0m $142.8m | Added +172.5k |
| MARSHFIELD ASSOCIATES 3.06% of their portfolio | 2.0m $141.1m | Reduced -49.4k |
| Amundi 0.05% of their portfolio | 1.9m $140.5m | Added +289.0k |
| Fenimore Asset Management Inc 2.79% of their portfolio | 1.8m $133.0m | Added +4.0k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.69% of their portfolio | 1.7m $122.2m | Reduced -17.5k |
| Douglass Winthrop Advisors, LLC 2.28% of their portfolio | 1.6m $117.1m | Added +2.1k |
| Swiss National Bank 0.08% of their portfolio | 1.6m $116.3m | Reduced -81.7k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.6m $114.1m | Reduced -122.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 1.5m $108.2m | Added +329.6k |
| BARCLAYS PLC 0.05% of their portfolio | 1.5m $107.4m | Reduced -1.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.5m $106.3m | Added +1.1m |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.4m $102.3m | Added +6.0k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.09% of their portfolio | 1.4m $101.7m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 1.4m $101.2m | First filing |
| FIL Ltd 0.09% of their portfolio | 1.4m $98.0m | Reduced -155.6k |
| RIVERBRIDGE PARTNERS LLC 1.34% of their portfolio | 1.4m $97.9m | Reduced -766.5k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.3m $96.9m | Reduced -253.4k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 1.2m $88.1m | Reduced -21.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.09% of their portfolio | 1.2m $85.8m | Reduced -162.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.2m $85.0m | Added +3.9k |
| Capital Wealth Planning, LLC 0.78% of their portfolio | 1.2m $84.7m | Unchanged |
| NICHOLAS COMPANY, INC. 1.35% of their portfolio | 1.2m $83.2m | Reduced -66.9k |
| DekaBank Deutsche Girozentrale 0.14% of their portfolio | 1.1m $77.0m | Unchanged |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 1.1m $76.2m | Added +11.2k |
| MCDONALD CAPITAL INVESTORS INC/CA 4.66% of their portfolio | 1.0m $74.2m | Reduced -2.5k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.0m $73.7m | Reduced -86.8k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 1.0m $73.5m | Reduced -8.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 1.0m $72.5m | Added +47.6k |
| Railway Pension Investments Ltd 0.96% of their portfolio | 1.0m $72.3m | Reduced -74.6k |
| Bahl & Gaynor LLC 0.38% of their portfolio | 999.7k $71.9m | Reduced -20.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 974.3k $70.1m | Reduced -56.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 945.5k $68.0m | Reduced -14.3k |
| Provident Investment Management, Inc. 5.91% of their portfolio | 861.7k $62.0m | Reduced -17.8k |
| CITIGROUP INC 0.06% of their portfolio | 835.7k $60.1m | Reduced -82.3k |
| COMPASS CAPITAL MANAGEMENT, INC 3.84% of their portfolio | 813.9k $58.5m | Reduced -44.6k |
| Quantum Capital Management, LLC / NJ 6.04% of their portfolio | 783.8k $56.4m | Added +1.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.17% of their portfolio | 775.7k $55.8m | Reduced -26.7k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 774.1k $55.7m | Added +360.7k |
| Mariner, LLC 0.09% of their portfolio | 751.1k $54.0m | Reduced -3.2k |
| Vest Financial, LLC 0.96% of their portfolio | 750.6k $54.0m | Added +30.2k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 734.5k $52.8m | New |
| STEGINSKY CAPITAL LLC 11.28% of their portfolio | 732.4k $52.7m | Added +47 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 721.4k $51.9m | Added +112.8k |
| CALEDONIA INVESTMENTS PLC 6.18% of their portfolio | 718.1k $51.6m | Reduced -152.0k |
| LGT Group Foundation 0.79% of their portfolio | 706.8k $50.8m | Added +42.6k |
| FMR LLC 0.00% of their portfolio | 701.8k $50.5m | Added +30.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 694.0k $49.9m | Added +188.0k |
| National Pension Service 0.05% of their portfolio | 671.2k $48.3m | Reduced -49.6k |
| Swiss Life Asset Management Ltd 0.35% of their portfolio | 659.0k $47.4m | Added +208.5k |
| DONALDSON CAPITAL MANAGEMENT, LLC 1.71% of their portfolio | 623.5k $44.8m | New |
| Caisse de depot et placement du Quebec 0.09% of their portfolio | 616.5k $44.3m | Reduced -311.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 606.8k $43.6m | Reduced -48.3k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 600.3k $43.2m | Added +735 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 599.1k $43.1m | Reduced -8.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 592.1k $42.6m | Reduced -26.0k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.76% of their portfolio | 583.5k $42.0m | New |
| Mirae Asset Global Investments Co., Ltd. 0.17% of their portfolio | 579.9k $42.3m | Added +89.1k |
| NICHOLS & PRATT ADVISERS LLP /MA 2.74% of their portfolio | 572.6k $41.2m | Reduced -7.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 567.0k $40.8m | Reduced -57.8k |