Fastenal Shares Sold by Riverbridge Partners

Investment firm reduces stake in industrial supply company

Mar. 27, 2026 at 10:37am

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Riverbridge Partners LLC, an investment management firm, decreased its holdings in shares of Fastenal Company (NASDAQ:FAST) by 5.0% during the fourth quarter, according to a recent SEC filing. Riverbridge Partners now owns 2,381,560 shares of Fastenal, making up approximately 1.8% of its investment portfolio.

Why it matters

Fastenal is a major industrial and construction supply company, so changes in institutional ownership can signal shifts in investor sentiment around the stock and the broader industrial sector. Riverbridge Partners' decision to reduce its stake could indicate concerns about Fastenal's growth prospects or valuation.

The details

According to the filing, Riverbridge Partners sold 125,690 shares of Fastenal during the fourth quarter. The firm now owns 2,381,560 shares, or 0.21% of the company's outstanding stock, worth $95,572,000 as of the most recent reporting period. Fastenal is the 16th largest holding in Riverbridge Partners' investment portfolio.

  • Riverbridge Partners reduced its Fastenal stake during the fourth quarter of 2025.

The players

Riverbridge Partners LLC

An investment management firm that has reduced its stake in industrial supply company Fastenal.

Fastenal Company

A wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners.

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The takeaway

Riverbridge Partners' decision to sell a portion of its Fastenal holdings could signal broader concerns about the industrial sector's growth prospects, though the firm still maintains a sizable position in the company.