Cracker Barrel
CBRL
317 hedge funds and large institutions have $1.55B invested in Cracker Barrel in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 107 increasing their positions, 112 reducing their positions, and 109 closing their positions.
898% more call options, than puts
Call options by funds: $184M | Put options by funds: $18.4M
4% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 112
6.2% less ownership
Funds ownership: 85.72% → 79.52% (-6.2%)
18% less funds holding
Funds holding: 387 → 317 (-70)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
51% less capital invested
Capital invested by funds: $3.17B → $1.55B (-$1.61B)
61% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hamlin Capital Management
New York
|
+$54.2M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$32M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$18.4M |
| 4 |
Two Sigma Advisers
New York
|
+$17.2M |
| 5 |
Millennium Management
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$75.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$67.1M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$53.3M |
| 4 |
Neuberger Berman Group
New York
|
-$40.2M |
| 5 |
Squarepoint
New York
|
-$35.9M |
CBRL Hedge Fund Activity: Q1 2020 in Review
317 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cracker Barrel (CBRL) for Q1 2020, worth a combined $1.55B — down 51% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 109 funds closed out of CBRL and 43 opened new positions — a net loss of 66 holders — while 112 trimmed existing stakes and 107 added.
The largest buyer was Hamlin Capital Management, opening a new position worth an estimated $54.2M. The largest seller was Federated Hermes, cutting an estimated $75.2M.
- 317 institutional investors held Cracker Barrel (CBRL) as of Q1 2020, down from 387 in Q4 2019.
- Funds reported $1.55B of Cracker Barrel stock for Q1 2020, down 51% quarter-over-quarter.
- 43 funds opened new Cracker Barrel positions in Q1 2020 and 109 closed out, a net change of -66 holders.
- The largest Cracker Barrel buyer in Q1 2020 was Hamlin Capital Management, an estimated $54.2M added.
- The largest Cracker Barrel seller in Q1 2020 was Federated Hermes, an estimated $75.2M sold.
Based on aggregated 13F filings for Q1 2020.