Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
51 hedge funds and large institutions have $59.6M invested in Fred's Inc in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 10 closing their positions.
30% more capital invested
Capital invested by funds: $45.9M → $59.6M (+$13.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 55 → 51 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
55% less call options, than puts
Call options by funds: $191K | Put options by funds: $421K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.08M |
| 2 |
D.E. Shaw & Co
New York
|
+$956K |
| 3 |
Renaissance Technologies
New York
|
+$596K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$550K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.68M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$742K |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$405K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$290K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
51
GSA Capital Partners
London,
United Kingdom
| – | -$24K | -12,476 | Closed |
|
|
MHS
52
M Holdings Securities
Portland,
Oregon
| – | -$23K | -12,000 | Closed |
|
53
Millennium Management
New York
| – | -$20K | -10,585 | Closed |
|
|
CG
54
Cutler Group
San Francisco,
California
| – | -$7.33K | -2,600 | -93% |
|
55
Bank of America
Charlotte,
North Carolina
| – | -$4.92K | -1,747 | -93% |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -532 | Closed |
|
|
VCM
57
Versant Capital Management
Phoenix,
Arizona
| – | -$1.1K | -392 | -87% |
|
|
QT
58
Quantbot Technologies
New York
| – | -$845 | -300 | -50% |
|
FRED Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q1 2019, worth a combined $59.6M — up 30% from $45.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FRED and 6 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $1.08M. The largest seller was Solas Capital Management, cutting an estimated $1.68M.
- 51 institutional investors held Fred's Inc (FRED) as of Q1 2019, down from 55 in Q4 2018.
- Funds reported $59.6M of Fred's Inc stock for Q1 2019, up 30% quarter-over-quarter.
- 6 funds opened new Fred's Inc positions in Q1 2019 and 10 closed out, a net change of -4 holders.
- The largest Fred's Inc buyer in Q1 2019 was Morgan Stanley, an estimated $1.08M added.
- The largest Fred's Inc seller in Q1 2019 was Solas Capital Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2019.