Traeger
COOK
92 hedge funds and large institutions have $135M invested in Traeger in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 8 closing their positions.
511% more call options, than puts
Call options by funds: $513K | Put options by funds: $84K
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
21% more funds holding
Funds holding: 76 → 92 (+16)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
0.05% less ownership
Funds ownership: 0.85% → 0.79% (-0.05%)
39% less capital invested
Capital invested by funds: $223M → $135M (-$87.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$1.53M |
| 2 |
Millennium Management
New York
|
+$991K |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$663K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$579K |
| 5 |
SI
Saxon Interests
Houston,
Texas
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.19M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$990K |
| 4 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
-$413K |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$316K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
101
HRT Financial
New York
| – | -$46K | -219 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$7.21K | -34 | Closed |
|
|
IGWM
103
ICA Group Wealth Management
Denver,
Colorado
| – | -$425 | -2 | Closed |
|
COOK Hedge Fund Activity: Q3 2023 in Review
92 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Traeger (COOK) for Q3 2023, worth a combined $135M — down 39% from $223M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new COOK positions and 8 closed out — a net gain of 17 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Glendon Capital Management, opening a new position worth an estimated $1.53M. The largest seller was Fidelity Investments, cutting an estimated $17.6M.
- 92 institutional investors held Traeger (COOK) as of Q3 2023, up from 76 in Q2 2023.
- Funds reported $135M of Traeger stock for Q3 2023, down 39% quarter-over-quarter.
- 25 funds opened new Traeger positions in Q3 2023 and 8 closed out, a net change of +17 holders.
- The largest Traeger buyer in Q3 2023 was Glendon Capital Management, an estimated $1.53M added.
- The largest Traeger seller in Q3 2023 was Fidelity Investments, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2023.