Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
196 hedge funds and large institutions have $921M invested in Finish Line in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 66 reducing their positions, and 40 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 66
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
1% less funds holding
Funds holding: 198 → 196 (-2)
30% less capital invested
Capital invested by funds: $1.31B → $921M (-$390M)
32% less call options, than puts
Call options by funds: $4.91M | Put options by funds: $7.26M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$40M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$31.4M |
| 3 |
Morgan Stanley
New York
|
+$21.1M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$14.8M |
| 5 |
WCM Investment Management
Laguna Beach,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$31.8M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$17.1M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$16.7M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$16M |
| 5 |
IP
Interval Partners
New York
|
-$14.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1CM
226
1492 Capital Management
Milwaukee,
Wisconsin
| – | -$234K | -8,400 | Closed |
|
|
KIG
227
Kessler Investment Group
Columbus,
Indiana
| – | -$157K | -5,648 | Closed |
|
|
AGM
228
Alpine Global Management
New York
| – | -$152K | -5,468 | Closed |
|
229
SG Americas Securities
New York
| – | -$101K | -3,626 | Closed |
|
|
MOACM
230
Mutual of America Capital Management
New York
| – | -$33K | -1,175 | Closed |
|
231
Group One Trading
Chicago,
Illinois
| – | -$17.4K | -657 | Closed |
|
232
Parallax Volatility Advisers
San Francisco,
California
| – | -$12.4K | -469 | Closed |
|
|
SSG
233
Summit Securities Group
New York
| – | -$6K | -201 | Closed |
|
FINL Hedge Fund Activity: Q3 2015 in Review
196 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q3 2015, worth a combined $921M — down 30% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FINL and 39 opened new positions — a net loss of 1 holder — while 66 trimmed existing stakes and 74 added.
The largest buyer was Thompson Siegel & Walmsley, opening a new position worth an estimated $40M. The largest seller was Citadel Advisors, cutting an estimated $31.8M.
- 196 institutional investors held Finish Line (FINL) as of Q3 2015, down from 198 in Q2 2015.
- Funds reported $921M of Finish Line stock for Q3 2015, down 30% quarter-over-quarter.
- 39 funds opened new Finish Line positions in Q3 2015 and 40 closed out, a net change of -1 holder.
- The largest Finish Line buyer in Q3 2015 was Thompson Siegel & Walmsley, an estimated $40M added.
- The largest Finish Line seller in Q3 2015 was Citadel Advisors, an estimated $31.8M sold.
Based on aggregated 13F filings for Q3 2015.