Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
112 hedge funds and large institutions have $452M invested in Fred's Inc in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 30 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.32% less ownership
Funds ownership: 134.38% → 131.06% (-3.3%)
15% less funds holding
Funds holding: 132 → 112 (-20)
31% less capital invested
Capital invested by funds: $658M → $452M (-$206M)
50% less call options, than puts
Call options by funds: $18.1M | Put options by funds: $36.4M
60% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$15.9M |
| 2 |
O
OppenheimerFunds
New York
|
+$14.9M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$14.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.99M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$19.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.2M |
| 3 |
GC
Greenlight Capital
New York
|
-$9.04M |
| 4 |
ACM
ADI Capital Management
New York
|
-$5.13M |
| 5 |
MCM
Mason Capital Management
New York
|
-$4.1M |
FRED Hedge Fund Activity: Q2 2017 in Review
112 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q2 2017, worth a combined $452M — down 31% from $658M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FRED and 12 opened new positions — a net loss of 18 holders — while 32 trimmed existing stakes and 48 added.
The largest buyer was Commonwealth of Pennsylvania Public School Employees Retirement System, opening a new position worth an estimated $15.9M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $19.7M sold.
- 112 institutional investors held Fred's Inc (FRED) as of Q2 2017, down from 132 in Q1 2017.
- Funds reported $452M of Fred's Inc stock for Q2 2017, down 31% quarter-over-quarter.
- 12 funds opened new Fred's Inc positions in Q2 2017 and 30 closed out, a net change of -18 holders.
- The largest Fred's Inc buyer in Q2 2017 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $15.9M added.
- The largest Fred's Inc seller in Q2 2017 was TIG Advisors LLC, an estimated $19.7M sold.
Based on aggregated 13F filings for Q2 2017.