Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
118 hedge funds and large institutions have $534M invested in Fred's Inc in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 28 reducing their positions, and 10 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 28
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
1% more funds holding
Funds holding: 117 → 118 (+1)
10% less capital invested
Capital invested by funds: $595M → $534M (-$60.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$4.39M |
| 2 |
Bank of New York Mellon
New York
|
+$3.99M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.44M |
| 4 |
Axa
Paris,
France
|
+$1.45M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$15.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.25M |
| 3 |
Millennium Management
New York
|
-$1.89M |
| 4 |
Two Sigma Investments
New York
|
-$772K |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$656K |
FRED Hedge Fund Activity: Q1 2016 in Review
118 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q1 2016, worth a combined $534M — down 10% from $595M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FRED positions and 10 closed out — a net gain of 3 holders — while 58 added to existing stakes and 28 trimmed.
The largest buyer was NWQ Investment Management Company, adding an estimated $4.39M. The largest seller was Heartland Advisors, cutting an estimated $15.1M.
- 118 institutional investors held Fred's Inc (FRED) as of Q1 2016, up from 117 in Q4 2015.
- Funds reported $534M of Fred's Inc stock for Q1 2016, down 10% quarter-over-quarter.
- 13 funds opened new Fred's Inc positions in Q1 2016 and 10 closed out, a net change of +3 holders.
- The largest Fred's Inc buyer in Q1 2016 was NWQ Investment Management Company, an estimated $4.39M added.
- The largest Fred's Inc seller in Q1 2016 was Heartland Advisors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2016.