Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
112 hedge funds and large institutions have $619M invested in Fred's Inc in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 15 closing their positions.
17% more capital invested
Capital invested by funds: $531M → $619M (+$88.1M)
5% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 41
4% less funds holding
Funds holding: 117 → 112 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.92M |
| 2 |
GH
GAM Holding
Zurich,
Switzerland
|
+$3.32M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$2.72M |
| 4 |
Morgan Stanley
New York
|
+$1.99M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$13.5M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$5.58M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.7M |
| 4 |
JP Morgan Chase
New York
|
-$1.41M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.17M |
FRED Hedge Fund Activity: Q4 2013 in Review
112 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q4 2013, worth a combined $619M — up 17% from $531M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FRED and 10 opened new positions — a net loss of 5 holders — while 41 trimmed existing stakes and 43 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $3.92M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $13.5M sold.
- 112 institutional investors held Fred's Inc (FRED) as of Q4 2013, down from 117 in Q3 2013.
- Funds reported $619M of Fred's Inc stock for Q4 2013, up 17% quarter-over-quarter.
- 10 funds opened new Fred's Inc positions in Q4 2013 and 15 closed out, a net change of -5 holders.
- The largest Fred's Inc buyer in Q4 2013 was Kennedy Capital Management, an estimated $3.92M added.
- The largest Fred's Inc seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2013.