Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
122 hedge funds and large institutions have $848M invested in Fred's Inc in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 21 closing their positions.
160% more capital invested
Capital invested by funds: $326M → $848M (+$522M)
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
7% more funds holding
Funds holding: 114 → 122 (+8)
32% less call options, than puts
Call options by funds: $21M | Put options by funds: $31.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$100M |
| 2 |
GC
Greenlight Capital
New York
|
+$16.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$9.85M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.3M |
| 5 |
ACM
ADI Capital Management
New York
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$14.5M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$14.2M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.66M |
| 4 |
RFS
Rockefeller Financial Services
New York
|
-$4.43M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.91M |
FRED Hedge Fund Activity: Q4 2016 in Review
122 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q4 2016, worth a combined $848M — up 160% from $326M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FRED positions and 21 closed out — a net gain of 9 holders — while 42 added to existing stakes and 30 trimmed.
The largest buyer was Alden Global Capital, opening a new position worth an estimated $100M. The largest seller was NWQ Investment Management Company, cutting an estimated $14.5M.
- 122 institutional investors held Fred's Inc (FRED) as of Q4 2016, up from 114 in Q3 2016.
- Funds reported $848M of Fred's Inc stock for Q4 2016, up 160% quarter-over-quarter.
- 30 funds opened new Fred's Inc positions in Q4 2016 and 21 closed out, a net change of +9 holders.
- The largest Fred's Inc buyer in Q4 2016 was Alden Global Capital, an estimated $100M added.
- The largest Fred's Inc seller in Q4 2016 was NWQ Investment Management Company, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2016.