Finish Line
FINL
FINL was delisted on the 15th of June, 2018.
159 hedge funds and large institutions have $571M invested in Finish Line in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 46 increasing their positions, 48 reducing their positions, and 49 closing their positions.
2,702% more call options, than puts
Call options by funds: $66.2M | Put options by funds: $2.36M
10% more capital invested
Capital invested by funds: $519M → $571M (+$52.1M)
4% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 48
8% less funds holding
Funds holding: 173 → 159 (-14)
20% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$38.2M |
| 2 |
Morgan Stanley
New York
|
+$15.6M |
| 3 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$14.4M |
| 4 |
Millennium Management
New York
|
+$12.3M |
| 5 |
Renaissance Technologies
New York
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$16.6M |
| 2 |
Two Sigma Investments
New York
|
-$6.6M |
| 3 |
JP Morgan Chase
New York
|
-$5.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.33M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.26M |
FINL Hedge Fund Activity: Q1 2018 in Review
159 of the 4,361 institutional investors tracked by Wall St. Rank reported a position in Finish Line (FINL) for Q1 2018, worth a combined $571M — up 10% from $519M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of FINL and 39 opened new positions — a net loss of 10 holders — while 48 trimmed existing stakes and 46 added.
The largest buyer was Odey Asset Management Group, opening a new position worth an estimated $38.2M. The largest seller was ING Group, cutting an estimated $16.6M.
- 159 institutional investors held Finish Line (FINL) as of Q1 2018, down from 173 in Q4 2017.
- Funds reported $571M of Finish Line stock for Q1 2018, up 10% quarter-over-quarter.
- 39 funds opened new Finish Line positions in Q1 2018 and 49 closed out, a net change of -10 holders.
- The largest Finish Line buyer in Q1 2018 was Odey Asset Management Group, an estimated $38.2M added.
- The largest Finish Line seller in Q1 2018 was ING Group, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2018.