
What smart money is saying about Fastenal Company
1 fund in our archive has pitched Fastenal Company, most recently Brasada CM in June 2026.
Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.
Get an email when a fund buys, sells or pitches it
Position history
Between Q3 2025 and Q3 2026, 4 fund letters reported a position in Fastenal Company, with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 0 |
| Q2 2026 | 2 | 0 | 0 | 1 |
| Q3 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 4 positions · 1 move
- September 2026
“We reallocated capital toward Fastenal, whose internally managed distribution and trucking network allows for better control over freight costs.”
Fastenal Company - June 2026
“One on Fastenal, which we own in our Dividend Growth and Equity income strategies, which is somewhere in-between.”
Fastenal Company - June 2026
“One on Fastenal, which we own in our Dividend Growth and Equity income strategies, which is somewhere in-between.”
Fastenal Company - September 2025
“Mairs & Power Growth Fund Contributors Largest relative contributors and detractors are securities that were selected based on their contribution to the portfolio as of September 30, 2025. The performance is based on total return of the security for the period and includes only securities held for the entire period. Total return is the amount of value an investor earns from a security over a specific period and when distributions are reinvested. nVent Electric PLC NVIDIA Corp. JPMorgan Chase & Co. Fastenal Company Microsoft Corp. Fiserv, Inc. UnitedHealth Group, Inc. Bio-Techne Corp. Workiva Inc. Class A Hormel Foods Corp.”
Fastenal Company
Fund coverage · 1 thesis
- Brasada CMJune 2026
Fastenal is a mission-critical industrial supply-chain partner with pricing power, decentralized execution, reshoring tailwinds, and long-term expansion opportunities.
Read the full thesis
Read every full thesis on Fastenal Company
Read all 1 thesis in full, with each fund's reasoning, and get unlimited access to the archive.
View plans→