National Beverage
FIZZ
186 hedge funds and large institutions have $670M invested in National Beverage in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 50 reducing their positions, and 43 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 50
0.63% more ownership
Funds ownership: 24.24% → 24.87% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 194 → 186 (-8)
15% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $18.4M
17% less capital invested
Capital invested by funds: $812M → $670M (-$142M)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$17.6M |
| 2 |
TA
Teachers Advisors
New York
|
+$13.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$13.4M |
| 4 |
Renaissance Technologies
New York
|
+$11.9M |
| 5 |
Man Group
London,
United Kingdom
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$31.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.6M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$12.1M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$10.5M |
FIZZ Hedge Fund Activity: Q1 2019 in Review
186 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q1 2019, worth a combined $670M — down 17% from $812M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of FIZZ and 35 opened new positions — a net loss of 8 holders — while 50 trimmed existing stakes and 70 added.
The largest buyer was Armistice Capital, opening a new position worth an estimated $17.6M. The largest seller was Wells Fargo, cutting an estimated $31.4M.
- 186 institutional investors held National Beverage (FIZZ) as of Q1 2019, down from 194 in Q4 2018.
- Funds reported $670M of National Beverage stock for Q1 2019, down 17% quarter-over-quarter.
- 35 funds opened new National Beverage positions in Q1 2019 and 43 closed out, a net change of -8 holders.
- The largest National Beverage buyer in Q1 2019 was Armistice Capital, an estimated $17.6M added.
- The largest National Beverage seller in Q1 2019 was Wells Fargo, an estimated $31.4M sold.
Based on aggregated 13F filings for Q1 2019.