Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
192 hedge funds and large institutions have $902M invested in Finish Line in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 74 increasing their positions, 67 reducing their positions, and 40 closing their positions.
226% more call options, than puts
Call options by funds: $17.8M | Put options by funds: $5.46M
13% more capital invested
Capital invested by funds: $799M → $902M (+$103M)
10% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 67
6% less funds holding
Funds holding: 204 → 192 (-12)
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$66.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$21.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.2M |
| 4 |
Morgan Stanley
New York
|
+$10.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$46.6M |
| 2 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
-$15.4M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$12.8M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$8.67M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$8.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMT
226
First Mercantile Trust
Cordova,
Tennessee
| – | -$74K | -4,100 | Closed |
|
|
MA
227
MUFG Americas
New York
| – | -$14K | -776 | Closed |
|
|
OSAM
228
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$9K | -480 | Closed |
|
|
IA
229
IFP Advisors
Tampa,
Florida
| – | -$6K | -348 | Closed |
|
230
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -125 | Closed |
|
FINL Hedge Fund Activity: Q1 2016 in Review
192 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q1 2016, worth a combined $902M — up 13% from $799M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FINL and 29 opened new positions — a net loss of 11 holders — while 67 trimmed existing stakes and 74 added.
The largest buyer was Fidelity Investments, adding an estimated $66.9M. The largest seller was Royce & Associates, cutting an estimated $46.6M.
- 192 institutional investors held Finish Line (FINL) as of Q1 2016, down from 204 in Q4 2015.
- Funds reported $902M of Finish Line stock for Q1 2016, up 13% quarter-over-quarter.
- 29 funds opened new Finish Line positions in Q1 2016 and 40 closed out, a net change of -11 holders.
- The largest Finish Line buyer in Q1 2016 was Fidelity Investments, an estimated $66.9M added.
- The largest Finish Line seller in Q1 2016 was Royce & Associates, an estimated $46.6M sold.
Based on aggregated 13F filings for Q1 2016.