Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
182 hedge funds and large institutions have $618M invested in Finish Line in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 69 increasing their positions, 64 reducing their positions, and 42 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 64
4% more call options, than puts
Call options by funds: $8.94M | Put options by funds: $8.61M
10% less funds holding
Funds holding: 203 → 182 (-21)
31% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 42
33% less capital invested
Capital invested by funds: $917M → $618M (-$300M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$86.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.86M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$9.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.8M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$34.3M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$14.7M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$14.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$12.3M |
FINL Hedge Fund Activity: Q1 2017 in Review
182 of the 4,027 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q1 2017, worth a combined $618M — down 33% from $917M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FINL and 29 opened new positions — a net loss of 13 holders — while 64 trimmed existing stakes and 69 added.
The largest buyer was BlackRock, adding an estimated $86.1M. The largest seller was Fidelity Investments, exiting entirely with an estimated $73.8M sold.
- 182 institutional investors held Finish Line (FINL) as of Q1 2017, down from 203 in Q4 2016.
- Funds reported $618M of Finish Line stock for Q1 2017, down 33% quarter-over-quarter.
- 29 funds opened new Finish Line positions in Q1 2017 and 42 closed out, a net change of -13 holders.
- The largest Finish Line buyer in Q1 2017 was BlackRock, an estimated $86.1M added.
- The largest Finish Line seller in Q1 2017 was Fidelity Investments, an estimated $73.8M sold.
Based on aggregated 13F filings for Q1 2017.