Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
112 hedge funds and large institutions have $436M invested in Fred's Inc in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 18 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 118 → 112 (-6)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
36% less capital invested
Capital invested by funds: $679M → $436M (-$242M)
96% less call options, than puts
Call options by funds: $2K | Put options by funds: $46K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$32.4M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.77M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.72M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$12.9M |
| 2 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$4.3M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$4.15M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$3.09M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$3.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$199K | -10,292 | Closed |
|
127
SG Americas Securities
New York
| – | -$182K | -9,445 | Closed |
|
128
Asset Management One
Tokyo,
Japan
| – | -$147K | -7,600 | Closed |
|
|
PCM
129
Prelude Capital Management
New York
| – | -$19K | -1,006 | Closed |
|
|
GAM
130
Gemmer Asset Management
Walnut Creek,
California
| – | -$2K | -119 | Closed |
|
FRED Hedge Fund Activity: Q3 2015 in Review
112 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q3 2015, worth a combined $436M — down 36% from $679M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FRED and 13 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 51 added.
The largest buyer was NWQ Investment Management Company, adding an estimated $32.4M. The largest seller was Northern Trust, cutting an estimated $12.9M.
- 112 institutional investors held Fred's Inc (FRED) as of Q3 2015, down from 118 in Q2 2015.
- Funds reported $436M of Fred's Inc stock for Q3 2015, down 36% quarter-over-quarter.
- 13 funds opened new Fred's Inc positions in Q3 2015 and 18 closed out, a net change of -5 holders.
- The largest Fred's Inc buyer in Q3 2015 was NWQ Investment Management Company, an estimated $32.4M added.
- The largest Fred's Inc seller in Q3 2015 was Northern Trust, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2015.