Traeger
COOK
95 hedge funds and large institutions have $130M invested in Traeger in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 16 closing their positions.
315% more call options, than puts
Call options by funds: $162K | Put options by funds: $39K
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
3% more funds holding
Funds holding: 92 → 95 (+3)
0.04% less ownership
Funds ownership: 0.79% → 0.76% (-0.04%)
3% less capital invested
Capital invested by funds: $135M → $130M (-$4.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$2.08M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.35M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$841K |
| 4 |
Millennium Management
New York
|
+$821K |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$787K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$411K |
| 4 |
SI
Saxon Interests
Houston,
Texas
|
-$360K |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
101
MetLife Investment Management
Whippany,
New Jersey
| – | -$54.9K | -402 | Closed |
|
|
CC
102
Centiva Capital
New York
| – | -$53.4K | -391 | Closed |
|
103
Point72 Asset Management
Stamford,
Connecticut
| – | -$52.3K | -383 | Closed |
|
|
EWA
104
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$45K | -330 | Closed |
|
105
SG Americas Securities
New York
| – | -$45K | -330 | Closed |
|
106
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$42.5K | -312 | Closed |
|
|
MFG
107
Merit Financial Group
Alpharetta,
Georgia
| – | -$27.4K | -201 | Closed |
|
108
Lazard Asset Management
New York
| – | -$25K | -184 | Closed |
|
|
ACM
109
Aquatic Capital Management
Chicago,
Illinois
| – | -$19K | -140 | Closed |
|
110
Walleye Trading
New York
| – | -$13.9K | -102 | Closed |
|
|
MLICM
111
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$5.69K | -42 | Closed |
|
|
NA
112
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.35K | -10 | Closed |
|
|
CG
113
Cutler Group
San Francisco,
California
| – | -$775 | -6 | -86% |
|
COOK Hedge Fund Activity: Q4 2023 in Review
95 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Traeger (COOK) for Q4 2023, worth a combined $130M — down 3.3% from $135M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new COOK positions and 16 closed out — a net gain of 3 holders — while 30 added to existing stakes and 26 trimmed.
The largest buyer was Glendon Capital Management, adding an estimated $2.08M. The largest seller was Fidelity Investments, cutting an estimated $10.2M.
- 95 institutional investors held Traeger (COOK) as of Q4 2023, up from 92 in Q3 2023.
- Funds reported $130M of Traeger stock for Q4 2023, down 3.3% quarter-over-quarter.
- 19 funds opened new Traeger positions in Q4 2023 and 16 closed out, a net change of +3 holders.
- The largest Traeger buyer in Q4 2023 was Glendon Capital Management, an estimated $2.08M added.
- The largest Traeger seller in Q4 2023 was Fidelity Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2023.