Cracker Barrel
CBRL
378 hedge funds and large institutions have $3.2B invested in Cracker Barrel in 2019 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 156 increasing their positions, 95 reducing their positions, and 46 closing their positions.
195% more call options, than puts
Call options by funds: $98.3M | Put options by funds: $33.3M
64% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 95
26% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 46
2% more funds holding
Funds holding: 371 → 378 (+7)
1% less capital invested
Capital invested by funds: $3.25B → $3.2B (-$44.9M)
1.35% less ownership
Funds ownership: 84.69% → 83.34% (-1.4%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$71.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.8M |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$35.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$131M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$84.2M |
| 3 |
Two Sigma Investments
New York
|
-$60.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$48.5M |
| 5 |
Two Sigma Advisers
New York
|
-$47M |
CBRL Hedge Fund Activity: Q1 2019 in Review
378 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Cracker Barrel (CBRL) for Q1 2019, worth a combined $3.2B — down 1.4% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CBRL positions and 46 closed out — a net gain of 12 holders — while 156 added to existing stakes and 95 trimmed.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $71.1M. The largest seller was Biglari Capital Corp, cutting an estimated $131M.
- 378 institutional investors held Cracker Barrel (CBRL) as of Q1 2019, up from 371 in Q4 2018.
- Funds reported $3.2B of Cracker Barrel stock for Q1 2019, down 1.4% quarter-over-quarter.
- 58 funds opened new Cracker Barrel positions in Q1 2019 and 46 closed out, a net change of +12 holders.
- The largest Cracker Barrel buyer in Q1 2019 was Robeco Institutional Asset Management, an estimated $71.1M added.
- The largest Cracker Barrel seller in Q1 2019 was Biglari Capital Corp, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2019.