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 ($159.8m this quarter). Holder counts are more reliable. Shares outstanding: 573.6m as of 2025-04-10, 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 ≈ $77.52. Options: 27 managers hold calls ($175.6m notional), 31 hold puts ($138.3m).
Trends to Q1 2025
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 |
| Q1 2025 | 1,252 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 558 | 568 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $226.8m | $158.4m | 0.70 |
| Q3 2024 | $212.6m | $184.0m | 0.87 |
| Q4 2024 | $213.4m | $204.1m | 0.96 |
| Q1 2025 | $175.6m | $138.3m | 0.79 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +2.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +1.9m |
| STIFEL FINANCIAL CORP | Added | +1.4m |
| Champlain Investment Partners, LLC | Added | +1.3m |
| UBS Group AG | Added | +1.3m |
| Balyasny Asset Management L.P. | Added | +1.0m |
| VANGUARD GROUP INC | Added | +1.0m |
| Select Equity Group, L.P. | New | +767.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +762.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +736.0k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -3.1m |
| Bank of New York Mellon Corp | Reduced | -993.1k |
| HSBC HOLDINGS PLC | Reduced | -952.6k |
| STATE STREET CORP | Reduced | -810.2k |
| Qube Research & Technologies Ltd | Sold out | -734.5k |
| Thrivent Financial for Lutherans | Reduced | -704.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Reduced | -609.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -520.7k |
| Legal & General Group Plc | Reduced | -516.3k |
| Holocene Advisors, LP | Sold out | -402.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $33.0m425.6k shares |
| CITADEL ADVISORS LLC | Reduced | $32.5m419.5k shares |
| JANE STREET GROUP, LLC | Reduced | $23.8m307.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $12.6m165.1k shares |
| Twin Tree Management, LP | New | $10.5m134.9k shares |
| Qube Research & Technologies Ltd | Added | $10.1m130.2k shares |
| IMC-Chicago, LLC | Added | $10.0m129.5k shares |
| Walleye Capital LLC | Added | $5.4m69.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.9m62.6k shares |
| GROUP ONE TRADING LLC | Reduced | $4.8m61.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.1m285.1k shares |
| BARCLAYS PLC | Reduced | $20.1m259.0k shares |
| Qube Research & Technologies Ltd | Added | $14.8m190.3k shares |
| CITADEL ADVISORS LLC | Added | $14.2m183.0k shares |
| IMC-Chicago, LLC | Reduced | $8.3m106.9k shares |
| SIMPLEX TRADING, LLC | Added | $7.9m101.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $6.5m84.8k shares |
| PEAK6 LLC | Reduced | $6.3m81.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $5.7m738 shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $4.1m52.9k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2025 | 0 | — | 1 | $5.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-14 | Lewis Holden Chief Financial Officer/EVP | Sold | $5.1m68.7k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.10% of their portfolio | 73.3m $5.7bn | Added +1.0m |
| BlackRock, Inc. 0.08% of their portfolio | 48.4m $3.8bn | Added +291.8k |
| STATE STREET CORP 0.09% of their portfolio | 27.2m $2.1bn | Reduced -810.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.33% of their portfolio | 22.6m $1.8bn | Added +1.9m |
| Bank of New York Mellon Corp 0.28% of their portfolio | 18.5m $1.4bn | Reduced -993.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 17.7m $1.4bn | Added +736.0k |
| MORGAN STANLEY 0.06% of their portfolio | 11.3m $874.5m | Added +729.9k |
| Baird Financial Group, Inc. 1.26% of their portfolio | 8.4m $652.9m | Added +143.0k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 7.5m $582.7m | Added +81.6k |
| NORGES BANK 0.08% of their portfolio | 7.4m $570.6m | Added +91.3k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 7.1m $552.2m | Reduced -202.0k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 6.8m $527.5m | Reduced -216.5k |
| Invesco Ltd. 0.10% of their portfolio | 6.6m $512.1m | Reduced -25.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.29% of their portfolio | 6.6m $511.2m | Added +168.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 5.9m $460.2m | Added +613.3k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 5.8m $448.6m | Added +369.0k |
| UBS Group AG 0.09% of their portfolio | 5.0m $388.7m | Added +1.3m |
| Cantillon Capital Management LLC 2.40% of their portfolio | 4.8m $371.0m | Reduced -147.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 4.8m $371.0m | Added +26.1k |
| Legal & General Group Plc 0.10% of their portfolio | 4.7m $365.5m | Reduced -516.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.70% of their portfolio | 4.2m $327.9m | Added +519.1k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 4.1m $320.6m | Reduced -379.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 3.8m $298.1m | Added +762.8k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.7m $286.9m | Reduced -129.3k |
| Thrivent Financial for Lutherans 0.59% of their portfolio | 3.5m $268.0m | Reduced -704.4k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.3m $256.9m | Added +614.8k |
| BLAIR WILLIAM & CO/IL 0.77% of their portfolio | 3.3m $255.3m | Added +35.9k |
| ProShare Advisors LLC 0.54% of their portfolio | 3.1m $239.0m | Reduced -131.8k |
| CITADEL ADVISORS LLC 0.22% of their portfolio | 2.9m $226.6m | Added +2.6m |
| MACQUARIE GROUP LTD 0.28% of their portfolio | 2.9m $223.6m | Reduced -237.5k |
| USS Investment Management Ltd 1.65% of their portfolio | 2.8m $217.4m | Reduced -42.1k |
| LONDON CO OF VIRGINIA 1.20% of their portfolio | 2.7m $210.0m | Reduced -95.1k |
| PROVIDENT TRUST CO 3.91% of their portfolio | 2.7m $209.7m | Reduced -32.3k |
| MAIRS & POWER INC 2.17% of their portfolio | 2.7m $208.6m | Reduced -19.6k |
| TD Asset Management Inc 0.19% of their portfolio | 2.6m $201.4m | Reduced -183.2k |
| California Public Employees Retirement System 0.14% of their portfolio | 2.5m $196.7m | Reduced -59.5k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 2.5m $190.7m | Added +474.0k |
| BAILLIE GIFFORD & CO 0.17% of their portfolio | 2.4m $189.6m | Reduced -133.0k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 2.3m $177.8m | Reduced -271.8k |
| Amundi 0.06% of their portfolio | 2.2m $175.0m | Added +315.7k |
| DF DENT & CO INC 2.25% of their portfolio | 2.2m $168.7m | Reduced -121.5k |
| Epoch Investment Partners, Inc. 0.82% of their portfolio | 2.0m $158.9m | Reduced -194.0k |
| MARSHFIELD ASSOCIATES 3.32% of their portfolio | 2.0m $153.1m | Added +12.9k |
| STIFEL FINANCIAL CORP 0.16% of their portfolio | 2.0m $152.5m | Added +1.4m |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 1.9m $146.4m | Added +720.4k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 1.9m $145.8m | Reduced -952.6k |
| Fenimore Asset Management Inc 3.06% of their portfolio | 1.9m $144.6m | Added +15.4k |
| Champlain Investment Partners, LLC 1.02% of their portfolio | 1.8m $141.5m | Added +1.3m |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.85% of their portfolio | 1.7m $128.8m | Reduced -38.2k |
| Douglass Winthrop Advisors, LLC 2.40% of their portfolio | 1.6m $125.9m | Reduced -4.3k |
| Swiss National Bank 0.09% of their portfolio | 1.6m $125.3m | Reduced -2.0k |
| Nuveen, LLC 0.04% of their portfolio | 1.5m $119.1m | First filing |
| BARCLAYS PLC 0.05% of their portfolio | 1.5m $118.1m | Added +30.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.5m $112.9m | Added +32.8k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.5m $112.7m | Added +105.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.4m $109.9m | Reduced -60.5k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.10% of their portfolio | 1.4m $109.6m | Unchanged |
| RIVERBRIDGE PARTNERS LLC 1.67% of their portfolio | 1.3m $104.1m | Reduced -19.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 1.3m $99.7m | Reduced -194.9k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 1.3m $101.4m | Reduced -100.0k |
| Ensign Peak Advisors, Inc 0.19% of their portfolio | 1.3m $100.6m | Added +237.9k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 1.3m $97.7m | Added +35.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.2m $96.4m | First filing |
| Capital Wealth Planning, LLC 0.79% of their portfolio | 1.2m $91.3m | Added +28 |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 1.2m $89.9m | Reduced -3.1m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio | 1.1m $89.1m | Added +138.1k |
| FIL Ltd 0.08% of their portfolio | 1.1m $85.8m | Reduced -256.4k |
| DekaBank Deutsche Girozentrale 0.16% of their portfolio | 1.1m $81.0m | Added +4.2k |
| Balyasny Asset Management L.P. 0.20% of their portfolio | 1.0m $80.2m | Added +1.0m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.0m $80.0m | Added +6.8k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 1.0m $79.5m | Added +380 |
| Railway Pension Investments Ltd 1.11% of their portfolio | 1.0m $77.9m | Reduced -1.5k |
| Bahl & Gaynor LLC 0.39% of their portfolio | 992.4k $77.0m | Reduced -7.3k |
| NICHOLAS COMPANY, INC. 1.29% of their portfolio | 963.4k $74.7m | Reduced -192.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 937.8k $72.7m | Reduced -7.8k |
| CITIGROUP INC 0.05% of their portfolio | 901.5k $69.9m | Added +65.8k |
| Provident Investment Management, Inc. 6.09% of their portfolio | 834.6k $64.7m | Reduced -27.1k |
| COMPASS CAPITAL MANAGEMENT, INC 4.14% of their portfolio | 812.0k $63.0m | Reduced -1.9k |
| FMR LLC 0.00% of their portfolio | 807.4k $62.6m | Added +105.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 782.1k $60.7m | Reduced -192.2k |
| Mariner, LLC 0.10% of their portfolio | 778.8k $60.4m | Added +27.7k |
| Quantum Capital Management, LLC / NJ 6.18% of their portfolio | 770.1k $59.7m | Reduced -13.7k |
| Select Equity Group, L.P. 0.27% of their portfolio | 767.3k $59.5m | New |
| NOMURA ASSET MANAGEMENT CO LTD 0.18% of their portfolio | 767.1k $59.5m | Reduced -8.6k |
| Aberdeen Group plc 0.11% of their portfolio | 766.7k $58.9m | Added +538.3k |
| MCDONALD CAPITAL INVESTORS INC/CA 3.69% of their portfolio | 754.4k $58.5m | Reduced -278.1k |
| National Pension Service 0.06% of their portfolio | 745.9k $57.8m | Added +74.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.13% of their portfolio | 744.3k $57.7m | Added +333.7k |
| STEGINSKY CAPITAL LLC 12.60% of their portfolio | 726.5k $56.3m | Reduced -5.9k |
| Vest Financial, LLC 0.87% of their portfolio | 725.9k $56.3m | Reduced -24.7k |
| CALEDONIA INVESTMENTS PLC 6.48% of their portfolio | 718.1k $55.7m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 708.2k $54.9m | Added +359.6k |
| DONALDSON CAPITAL MANAGEMENT, LLC 1.97% of their portfolio | 671.2k $52.1m | Added +47.7k |
| Swiss Life Asset Management Ltd 0.38% of their portfolio | 670.0k $52.0m | Added +11.0k |
| Mirae Asset Global Investments Co., Ltd. 0.20% of their portfolio | 657.7k $50.1m | Added +77.7k |
| Junto Capital Management LP 1.14% of their portfolio | 640.5k $49.7m | New |
| BENJAMIN EDWARDS INC 0.68% of their portfolio | 629.7k $48.8m | Added +83.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 621.7k $48.2m | Added +302.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 607.1k $47.1m | Added +8.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 588.0k $45.6m | Reduced -18.8k |