Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
203 hedge funds and large institutions have $917M invested in Finish Line in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 81 increasing their positions, 58 reducing their positions, and 41 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 58
17% more call options, than puts
Call options by funds: $9.53M | Put options by funds: $8.18M
7% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 41
3% less funds holding
Funds holding: 209 → 203 (-6)
10% less capital invested
Capital invested by funds: $1.01B → $917M (-$96.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$20.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.3M |
| 3 |
Morgan Stanley
New York
|
+$16M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$13.2M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$11.9M |
| 4 |
TA
Teachers Advisors
New York
|
-$10.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.77M |
FINL Hedge Fund Activity: Q4 2016 in Review
203 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q4 2016, worth a combined $917M — down 9.6% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FINL and 38 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 81 added.
The largest buyer was LSV Asset Management, adding an estimated $20.2M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $31.3M sold.
- 203 institutional investors held Finish Line (FINL) as of Q4 2016, down from 209 in Q3 2016.
- Funds reported $917M of Finish Line stock for Q4 2016, down 9.6% quarter-over-quarter.
- 38 funds opened new Finish Line positions in Q4 2016 and 41 closed out, a net change of -3 holders.
- The largest Finish Line buyer in Q4 2016 was LSV Asset Management, an estimated $20.2M added.
- The largest Finish Line seller in Q4 2016 was T. Rowe Price Associates, an estimated $31.3M sold.
Based on aggregated 13F filings for Q4 2016.