Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
95 hedge funds and large institutions have $114M invested in Fred's Inc in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 25 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less funds holding
Funds holding: 115 → 95 (-20)
34% less capital invested
Capital invested by funds: $173M → $114M (-$59.2M)
38% less call options, than puts
Call options by funds: $839K | Put options by funds: $1.34M
80% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.42M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$1.1M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$995K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$766K |
| 5 |
RA
Royce & Associates
New York
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$9.04M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.2M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.06M |
| 4 |
MAM
Melqart Asset Management
London,
United Kingdom
|
-$1.37M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$1.34M |
FRED Hedge Fund Activity: Q1 2018 in Review
95 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q1 2018, worth a combined $114M — down 34% from $173M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FRED and 5 opened new positions — a net loss of 20 holders — while 30 trimmed existing stakes and 38 added.
The largest buyer was Invesco, adding an estimated $1.42M. The largest seller was Homestead Advisers, exiting entirely with an estimated $9.04M sold.
- 95 institutional investors held Fred's Inc (FRED) as of Q1 2018, down from 115 in Q4 2017.
- Funds reported $114M of Fred's Inc stock for Q1 2018, down 34% quarter-over-quarter.
- 5 funds opened new Fred's Inc positions in Q1 2018 and 25 closed out, a net change of -20 holders.
- The largest Fred's Inc buyer in Q1 2018 was Invesco, an estimated $1.42M added.
- The largest Fred's Inc seller in Q1 2018 was Homestead Advisers, an estimated $9.04M sold.
Based on aggregated 13F filings for Q1 2018.