Lincoln Capital Boosts Stake in Fastenal

Investment firm increases holdings in industrial supply company by 22.4%

Mar. 22, 2026 at 10:08am

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Lincoln Capital LLC, an institutional investor, grew its stake in Fastenal Company (NASDAQ:FAST) by 22.4% in the 4th quarter. The firm now owns 69,988 shares of the industrial supply company's stock, worth $2.8 million as of its most recent SEC filing.

Why it matters

Fastenal is a major industrial and construction supply distributor, and changes in institutional ownership can signal broader market sentiment around the company's performance and outlook.

The details

Lincoln Capital increased its Fastenal holdings by purchasing an additional 12,800 shares during the fourth quarter. The firm now owns a total of 69,988 shares, making it one of Fastenal's institutional investors. Other major shareholders include State Street Corp and Charles Schwab Investment Management Inc., which have also significantly increased their stakes in the company over the past year.

  • Lincoln Capital filed its latest 13F report disclosing the increased Fastenal stake on March 22, 2026.

The players

Lincoln Capital LLC

An institutional investment firm that manages a portfolio of stocks, including a growing position in industrial supplier Fastenal Company.

Fastenal Company

A wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors.

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The takeaway

Lincoln Capital's increased stake in Fastenal suggests the investment firm sees continued growth potential in the industrial supply company, which has a diversified product offering and serves a range of end markets.