- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Winona Today
By the People, for the People
Baillie Gifford & Co. Reduces Stake in Fastenal Company
Institutional investor cuts position in industrial supply firm by over 20%
Apr. 14, 2026 at 7:35am
Got story updates? Submit your updates here. ›
The intricate machinery and components that power Fastenal's industrial supply distribution network reflect the company's financial strength and stability.Winona TodayBaillie Gifford & Co., a major institutional investor, has reduced its stake in Fastenal Company (NASDAQ:FAST) by 21.5% in the fourth quarter, according to a recent SEC filing. The firm now owns 1,908,484 shares of the industrial and construction supply company, valued at $76.59 million.
Why it matters
Fastenal is a leading distributor of fasteners, tools, and other industrial supplies, serving a wide range of customers across manufacturing, construction, and maintenance sectors. Shifts in major institutional investors' positions can signal changes in market sentiment and outlook for the company.
The details
According to the filing, Baillie Gifford & Co. sold 522,815 shares of Fastenal in the fourth quarter, reducing its total position to 1,908,484 shares. The firm now owns 0.17% of Fastenal's outstanding stock. Several other large institutional investors, including Bank of America, Vanguard, and Invesco, have also made significant changes to their Fastenal holdings in recent quarters.
- Baillie Gifford & Co. filed the 13F report disclosing the position change on April 14, 2026.
- The position reduction occurred in the fourth quarter of 2025.
The players
Baillie Gifford & Co.
A major institutional investment management firm based in the United Kingdom, managing over $300 billion in assets.
Fastenal Company
A publicly traded industrial and construction supply company headquartered in Winona, Minnesota, known for its broad assortment of fasteners and other industrial consumables.
The takeaway
The reduction in Baillie Gifford's Fastenal position suggests a potential shift in market sentiment around the industrial supply company, though the overall outlook remains mixed based on analyst ratings and other institutional investor activity.
