Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
203 hedge funds and large institutions have $945M invested in Finish Line in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 67 reducing their positions, and 25 closing their positions.
52% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 25
6% more funds holding
Funds holding: 192 → 203 (+11)
7% more call options, than puts
Call options by funds: $7.32M | Put options by funds: $6.87M
6% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 67
5% more capital invested
Capital invested by funds: $902M → $945M (+$43.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$38.2M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$16.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.6M |
| 4 |
IP
Interval Partners
New York
|
+$15.1M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$8.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$17M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$12.8M |
| 3 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
-$8.04M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$7.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMA
226
FNY Managed Accounts
New York
| – | -$158K | -7,500 | Closed |
|
227
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$81K | -3,812 | Closed |
|
FINL Hedge Fund Activity: Q2 2016 in Review
203 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q2 2016, worth a combined $945M — up 4.9% from $902M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FINL positions and 25 closed out — a net gain of 13 holders — while 71 added to existing stakes and 67 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $38.2M. The largest seller was Royce & Associates, exiting entirely with an estimated $17M sold.
- 203 institutional investors held Finish Line (FINL) as of Q2 2016, up from 192 in Q1 2016.
- Funds reported $945M of Finish Line stock for Q2 2016, up 4.9% quarter-over-quarter.
- 38 funds opened new Finish Line positions in Q2 2016 and 25 closed out, a net change of +13 holders.
- The largest Finish Line buyer in Q2 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $38.2M added.
- The largest Finish Line seller in Q2 2016 was Royce & Associates, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2016.