Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
158 hedge funds and large institutions have $474M invested in Finish Line in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 35 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 46
9% less funds holding
Funds holding: 174 → 158 (-16)
18% less capital invested
Capital invested by funds: $579M → $474M (-$105M)
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
74% less call options, than puts
Call options by funds: $20.9M | Put options by funds: $80.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$23.3M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$13M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$11.3M |
| 4 |
Renaissance Technologies
New York
|
+$11.2M |
| 5 |
Walleye Trading
New York
|
+$9.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
-$29M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$20.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$14M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$7.95M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$6.39M |
FINL Hedge Fund Activity: Q3 2017 in Review
158 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q3 2017, worth a combined $474M — down 18% from $579M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FINL and 22 opened new positions — a net loss of 13 holders — while 46 trimmed existing stakes and 64 added.
The largest buyer was ING Group, opening a new position worth an estimated $23.3M. The largest seller was Silvercrest Asset Management, exiting entirely with an estimated $29M sold.
- 158 institutional investors held Finish Line (FINL) as of Q3 2017, down from 174 in Q2 2017.
- Funds reported $474M of Finish Line stock for Q3 2017, down 18% quarter-over-quarter.
- 22 funds opened new Finish Line positions in Q3 2017 and 35 closed out, a net change of -13 holders.
- The largest Finish Line buyer in Q3 2017 was ING Group, an estimated $23.3M added.
- The largest Finish Line seller in Q3 2017 was Silvercrest Asset Management, an estimated $29M sold.
Based on aggregated 13F filings for Q3 2017.