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 ($206.0m this quarter). Holder counts are more reliable. Shares outstanding: 1.1bn as of 2025-10-10, 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 ≈ $49.01. Options: 34 managers hold calls ($204.0m notional), 38 hold puts ($178.3m).
Trends to Q3 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 |
| Q2 2025 | 1,311 |
| Q3 2025 | 1,382 |
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 2023 | 475 | 486 |
| Q1 2024 | 508 | 547 |
| Q2 2024 | 506 | 545 |
| Q3 2024 | 523 | 499 |
| Q4 2024 | 499 | 533 |
| Q1 2025 | 558 | 568 |
| Q2 2025 | 618 | 545 |
| Q3 2025 | 673 | 537 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $213.4m | $204.1m | 0.96 |
| Q1 2025 | $175.6m | $138.3m | 0.79 |
| Q2 2025 | $175.3m | $114.3m | 0.65 |
| Q3 2025 | $204.0m | $178.3m | 0.87 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +7.5m |
| BlackRock, Inc. | Added | +5.4m |
| FMR LLC | Added | +2.6m |
| VANGUARD GROUP INC | Added | +2.3m |
| Invesco Ltd. | Added | +2.2m |
| MORGAN STANLEY | Added | +2.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.8m |
| AMERICAN CENTURY COMPANIES INC | Added | +1.7m |
| DEUTSCHE BANK AG\ | Added | +1.7m |
| Zurich Insurance Group Ltd/FI | New | +1.4m |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -17.7m |
| Bank of New York Mellon Corp | Reduced | -3.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -2.0m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.9m |
| UBS Group AG | Reduced | -1.7m |
| CITADEL ADVISORS LLC | Reduced | -1.5m |
| BARCLAYS PLC | Reduced | -1.3m |
| Champlain Investment Partners, LLC | Reduced | -1.1m |
| Balyasny Asset Management L.P. | Reduced | -947.8k |
| Amundi | Reduced | -846.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $37.7m768.2k shares |
| CITADEL ADVISORS LLC | Added | $26.4m538.7k shares |
| JANE STREET GROUP, LLC | Reduced | $23.8m485.1k shares |
| IMC-Chicago, LLC | Reduced | $11.6m236.3k shares |
| Delta Accumulation, LLC | Added | $11.1m310.3k shares |
| WOLVERINE TRADING, LLC | Added | $8.7m177.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $7.5m1.5k shares |
| Concentric Capital Strategies, LP | New | $6.5m132.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $6.4m129.8k shares |
| Cubist Systematic Strategies, LLC | Added | $5.8m119.0k shares |
Biggest puts
| BARCLAYS PLC | Unchanged | $25.4m518.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.2m431.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $16.5m3.4k shares |
| PEAK6 LLC | Added | $13.6m276.6k shares |
| Delta Accumulation, LLC | Added | $13.5m377.1k shares |
| IMC-Chicago, LLC | Reduced | $11.2m228.0k shares |
| Verition Fund Management LLC | Added | $10.2m208.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.7m156.3k shares |
| Walleye Capital LLC | Added | $6.3m128.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $5.6m114.6k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 1 | $3.1k | 6 | $8.0m | — |
| Q3 2025 | 0 | — | 6 | $10.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-15 | Drazkowski William Joseph EVP-Sales | Sold | $333.0k6.8k shares |
| 2025-08-12 | FLORNESS DANIEL L CEO, director | Sold | $4.1m84.6k shares |
| 2025-08-08 | Watts Jeffery Michael President and Chief Sales Off. | Sold | $2.3m48.7k shares |
| 2025-08-08 | Soderberg John Lewis Senior EVP-IT | Sold | $1.7m34.6k shares |
| 2025-08-08 | Soderberg John Lewis Senior EVP-IT | Sold | $1.7m34.6k shares |
| 2025-07-24 | Broersma Anthony Paul EVP-Operations | Sold | $650.9k13.6k shares |
| 2025-07-17 | Lisowski Sheryl Ann Interim CFO and EVP-CAO/Treas. | Sold | $951.8k21.1k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.11% of their portfolio | 151.5m $7.4bn | Added +2.3m |
| BlackRock, Inc. 0.09% of their portfolio | 103.9m $5.1bn | Added +5.4m |
| STATE STREET CORP 0.09% of their portfolio | 54.1m $2.7bn | Reduced -214.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.36% of their portfolio | 46.4m $2.3bn | Added +382.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 37.0m $1.8bn | Added +1.0m |
| Bank of New York Mellon Corp 0.27% of their portfolio | 31.1m $1.5bn | Reduced -3.8m |
| MORGAN STANLEY 0.07% of their portfolio | 24.7m $1.2bn | Added +2.1m |
| Invesco Ltd. 0.14% of their portfolio | 18.2m $893.3m | Added +2.2m |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 15.6m $765.3m | Added +173.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 15.1m $740.0m | Added +7.5m |
| Baird Financial Group, Inc. 1.15% of their portfolio | 14.6m $714.9m | Added +191.1k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 13.9m $679.5m | Reduced -25.1k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 13.6m $666.1m | Added +1.8m |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 13.4m $655.4m | Reduced -17.7m |
| PRINCIPAL FINANCIAL GROUP INC 0.31% of their portfolio | 12.6m $616.4m | Reduced -517.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 11.2m $551.3m | Reduced -2.0m |
| FMR LLC 0.03% of their portfolio | 10.3m $503.3m | Added +2.6m |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 9.7m $474.9m | Reduced -49.8k |
| Cantillon Capital Management LLC 2.48% of their portfolio | 9.2m $451.0m | Reduced -101.3k |
| Legal & General Group Plc 0.10% of their portfolio | 9.0m $443.5m | Reduced -150.2k |
| UBS Group AG 0.08% of their portfolio | 8.3m $407.7m | Reduced -1.7m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.65% of their portfolio | 8.3m $405.9m | Added +26.7k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 7.4m $362.3m | Added +90.1k |
| BLAIR WILLIAM & CO/IL 0.91% of their portfolio | 7.0m $341.6m | Added +142.6k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 6.9m $337.3m | Reduced -478.8k |
| Thrivent Financial for Lutherans 0.57% of their portfolio | 5.9m $287.4m | Reduced -282.4k |
| USS Investment Management Ltd 1.32% of their portfolio | 5.6m $274.8m | Unchanged |
| PROVIDENT TRUST CO 4.41% of their portfolio | 5.4m $264.4m | Added +13.1k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 5.3m $261.4m | Added +1.7m |
| LONDON CO OF VIRGINIA 1.40% of their portfolio | 5.2m $253.9m | Reduced -90.6k |
| ProShare Advisors LLC 0.51% of their portfolio | 4.9m $242.3m | Reduced -777.2k |
| MAIRS & POWER INC 2.18% of their portfolio | 4.7m $231.4m | Reduced -653.7k |
| Amundi 0.07% of their portfolio | 4.7m $223.9m | Reduced -846.8k |
| TD Asset Management Inc 0.17% of their portfolio | 4.2m $208.1m | Reduced -691.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 4.2m $205.3m | Reduced -102.1k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 4.1m $203.5m | Added +1.2m |
| MACQUARIE GROUP LTD 0.22% of their portfolio | 3.8m $188.7m | Reduced -748.4k |
| STIFEL FINANCIAL CORP 0.17% of their portfolio | 3.8m $184.6m | Reduced -280.2k |
| Fenimore Asset Management Inc 3.69% of their portfolio | 3.8m $184.0m | Added +3.5k |
| MARSHFIELD ASSOCIATES 3.18% of their portfolio | 3.7m $183.9m | Reduced -216.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 3.7m $181.6m | Added +219.2k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 3.6m $176.1m | Added +1.7m |
| Epoch Investment Partners, Inc. 0.97% of their portfolio | 3.6m $175.8m | Reduced -445.0k |
| California Public Employees Retirement System 0.11% of their portfolio | 3.6m $175.5m | Reduced -708.4k |
| BARCLAYS PLC 0.06% of their portfolio | 3.6m $174.7m | Reduced -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 3.5m $172.7m | Added +270.2k |
| Swiss National Bank 0.09% of their portfolio | 3.3m $162.1m | Reduced -165.8k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 3.3m $161.7m | Reduced -348.8k |
| Nuveen, LLC 0.04% of their portfolio | 3.2m $159.4m | Added +17.0k |
| Douglass Winthrop Advisors, LLC 2.76% of their portfolio | 3.2m $158.7m | Reduced -25.7k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 2.25% of their portfolio | 3.2m $157.7m | Reduced -65.0k |
| DF DENT & CO INC 2.00% of their portfolio | 3.2m $154.8m | Reduced -179.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 3.2m $154.5m | Added +179.0k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.12% of their portfolio | 2.8m $138.7m | Unchanged |
| Ensign Peak Advisors, Inc 0.21% of their portfolio | 2.6m $125.7m | Reduced -123.9k |
| RIVERBRIDGE PARTNERS LLC 2.07% of their portfolio | 2.5m $123.0m | Reduced -110.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 2.5m $122.1m | Added +70.7k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 2.5m $122.0m | Reduced -283.9k |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 2.5m $121.9m | Reduced -56.6k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 2.4m $119.6m | Reduced -1.9m |
| BAILLIE GIFFORD & CO 0.09% of their portfolio | 2.4m $119.2m | Reduced -343.8k |
| Capital Wealth Planning, LLC 0.81% of their portfolio | 2.4m $115.5m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio | 2.3m $111.7m | Reduced -48.5k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.2m $107.8m | Reduced -136.4k |
| Champlain Investment Partners, LLC 0.81% of their portfolio | 2.2m $107.2m | Reduced -1.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 2.0m $99.2m | Reduced -469.2k |
| Bahl & Gaynor LLC 0.47% of their portfolio | 1.9m $93.7m | Reduced -71.7k |
| Aberdeen Group plc 0.15% of their portfolio | 1.9m $92.9m | Added +310.3k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 1.9m $92.8m | Added +106.3k |
| MACKENZIE FINANCIAL CORP 0.11% of their portfolio | 1.9m $92.9m | Reduced -458.5k |
| Railway Pension Investments Ltd 1.25% of their portfolio | 1.9m $92.4m | Added +24.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.37% of their portfolio | 1.9m $92.0m | Reduced -111.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 1.8m $89.2m | Added +16.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.15% of their portfolio | 1.7m $82.4m | Added +279.0k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 1.7m $82.1m | Added +115.1k |
| FIL Ltd 0.06% of their portfolio | 1.6m $80.2m | Added +127.5k |
| Mariner, LLC 0.10% of their portfolio | 1.6m $78.2m | Added +38.2k |
| National Pension Service 0.06% of their portfolio | 1.6m $76.4m | Added +53.9k |
| CONGRESS ASSET MANAGEMENT CO 0.51% of their portfolio | 1.5m $76.0m | Reduced -205.8k |
| Mirae Asset Global Investments Co., Ltd. 0.24% of their portfolio | 1.5m $75.1m | Added +68.6k |
| LPL Financial LLC 0.02% of their portfolio | 1.5m $74.2m | Reduced -239.7k |
| DONALDSON CAPITAL MANAGEMENT, LLC 2.30% of their portfolio | 1.5m $72.6m | Added +89.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 1.5m $72.2m | Added +147.6k |
| Swiss Life Asset Management Ltd 0.37% of their portfolio | 1.5m $71.2m | Reduced -7.9k |
| NICHOLAS COMPANY, INC. 1.21% of their portfolio | 1.5m $71.1m | Reduced -24.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 1.4m $70.8m | Reduced -215.2k |
| Zurich Insurance Group Ltd/FI 0.51% of their portfolio | 1.4m $70.7m | New |
| STEGINSKY CAPITAL LLC 12.97% of their portfolio | 1.4m $70.6m | Reduced -14.7k |
| COMPASS CAPITAL MANAGEMENT, INC 3.67% of their portfolio | 1.4m $69.3m | Reduced -111.8k |
| CALEDONIA INVESTMENTS PLC 6.68% of their portfolio | 1.4m $67.9m | Reduced -51.0k |
| CITIGROUP INC 0.05% of their portfolio | 1.4m $67.8m | Reduced -462.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.16% of their portfolio | 1.3m $62.4m | Reduced -191.2k |
| Fifth Third Wealth Advisors LLC 2.29% of their portfolio | 1.3m $62.2m | Added +1.3m |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.2m $59.2m | Reduced -13.1k |
| NICHOLS & PRATT ADVISERS LLP /MA 3.57% of their portfolio | 1.2m $56.6m | Added +13.2k |
| Vest Financial, LLC 0.73% of their portfolio | 1.1m $56.1m | Reduced -188.2k |
| LGT Group Foundation 0.61% of their portfolio | 1.1m $53.4m | Added +54.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 1.1m $53.6m | Reduced -100.4k |
| DekaBank Deutsche Girozentrale 0.09% of their portfolio | 1.1m $51.9m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 1.1m $51.9m | Added +970.8k |