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Cracker Barrel

349 hedge funds and large institutions have $3.4B invested in Cracker Barrel in 2016 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 111 increasing their positions, 108 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

84.76% more ownership

Funds ownership: 0%84.76% (+85%)

83% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 42

30% more capital invested

Capital invested by funds: $2.61B → $3.4B (+$789M)

9% more funds holding

Funds holding: 321349 (+28)

6% more call options, than puts

Call options by funds: $48.3M | Put options by funds: $45.7M

3% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 108

Holders
349
Holders Change
+28
Holders Change %
+8.72%
% of All Funds
8.72%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
77
Increased
111
Reduced
108
Closed
42
Calls
$48.3M
Puts
$45.7M
Net Calls
+$2.54M
Net Calls Change
+$16.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Biglari Capital Corp
Texas
$791M
Vanguard Group
2
Vanguard Group
Pennsylvania
$321M +$12M +79,209 +4%
BFA
3
BlackRock Fund Advisors
California
$218M +$19M +126,158 +11%
Ameriprise
4
Ameriprise
Minnesota
$136M +$21.1M +139,435 +21%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$123M +$2.95M +19,513 +3%
State Street
6
State Street
Massachusetts
$117M -$1.08M -7,182 -1%
BIT
7
BlackRock Institutional Trust
California
$111M +$2.33M +15,427 +2%
Wells Fargo
8
Wells Fargo
California
$106M +$37M +244,852 +63%
HA
9
Homestead Advisers
Virginia
$75.1M
MHI
10
Miller Howard Investments
New York
$69.4M +$62.7M +415,507 New
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$64.2M -$2.72M -18,034 -4%
Northern Trust
12
Northern Trust
Illinois
$64M -$695K -4,600 -1%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$59.5M +$2.4M +15,863 +5%
Robeco Institutional Asset Management
14
Robeco Institutional Asset Management
Netherlands
$51.8M -$6.05M -40,083 -11%
AQR Capital Management
15
AQR Capital Management
Connecticut
$38.9M +$3.04M +20,118 +9%
Morgan Stanley
16
Morgan Stanley
New York
$34.5M -$7.04M -46,644 -18%
Norges Bank
17
Norges Bank
Norway
$34.4M
DK
18
Darrell & King
Virginia
$30.7M +$209K +1,385 +0.8%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$29.7M +$1.19M +7,884 +5%
Charles Schwab
20
Charles Schwab
California
$29.1M +$1.35M +8,936 +5%
ACM
21
Alta Capital Management
Utah
$27M +$22.1M +146,622 +976%
GKIM
22
GW&K Investment Management
Massachusetts
$26.3M +$1.23M +8,115 +5%
Federated Hermes
23
Federated Hermes
Pennsylvania
$24.1M -$9.27M -61,366 -30%
BIM
24
BlackRock Investment Management
Delaware
$23.6M +$1.71M +11,324 +9%
Goldman Sachs
25
Goldman Sachs
New York
$22.9M +$3.86M +25,532 +23%

CBRL Hedge Fund Activity: Q4 2016 in Review

349 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cracker Barrel (CBRL) for Q4 2016, worth a combined $3.4B — up 30% from $2.61B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new CBRL positions and 42 closed out — a net gain of 35 holders — while 111 added to existing stakes and 108 trimmed.

The largest buyer was Miller Howard Investments, opening a new position worth an estimated $62.7M. The largest seller was Schroder Investment Management Group, cutting an estimated $30.1M.

  • 349 institutional investors held Cracker Barrel (CBRL) as of Q4 2016, up from 321 in Q3 2016.
  • Funds reported $3.4B of Cracker Barrel stock for Q4 2016, up 30% quarter-over-quarter.
  • 77 funds opened new Cracker Barrel positions in Q4 2016 and 42 closed out, a net change of +35 holders.
  • The largest Cracker Barrel buyer in Q4 2016 was Miller Howard Investments, an estimated $62.7M added.
  • The largest Cracker Barrel seller in Q4 2016 was Schroder Investment Management Group, an estimated $30.1M sold.

Based on aggregated 13F filings for Q4 2016.