FCN ranks #1619 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
FCN is a top-conviction position for Black Creek Investment Management Inc. — at 11.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in FCN belongs to Kayne Anderson Rudnick Investment Management LLC, but the position matters far more to Black Creek Investment Management Inc., who has 11.2% 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.
Price T Rowe Associates Inc /md/ has added to its FCN position for two straight quarters, increasing it by $204.7M to reach $294.5M today.
Mawer Investment Management Ltd. has trimmed its FCN position for two straight quarters, cutting it by $284.1M while still holding $109.8M.
FCN is down 0.9% today, but institutions show net buying of $813.0M this quarter — a divergence between today's price move and the underlying institutional flow.