CECO ranks #1794 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CECO is a top-conviction position for IES Holdings, Inc. — at 18.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CECO belongs to FMR LLC, but the position matters far more to IES Holdings, Inc., who has 18.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fidelity has added to its CECO position for two straight quarters, increasing it by $278.2M to reach $410.5M today.
Franklin Resources Inc has trimmed its CECO position for two straight quarters, cutting it by $13.2M while still holding $1.9M.
CECO is up 0.8% today, and institutions have been net buyers of $2.2B this quarter — today's price move and the underlying institutional flow are pointing the same direction.