Fred's Inc
FRED
FRED was delisted on the 17th of September, 2019.
73 hedge funds and large institutions have $57.5M invested in Fred's Inc in 2018 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 46 closing their positions.
16% more call options, than puts
Call options by funds: $695K | Put options by funds: $598K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less funds holding
Funds holding: 95 → 73 (-22)
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
46% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 46
50% less capital invested
Capital invested by funds: $114M → $57.5M (-$56.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$1.18M |
| 2 |
Millennium Management
New York
|
+$790K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$772K |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$525K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.5M |
| 2 |
BlackRock
New York
|
-$7.61M |
| 3 |
O
OppenheimerFunds
New York
|
-$5.42M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$3.35M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.85M |
FRED Hedge Fund Activity: Q2 2018 in Review
73 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Fred's Inc (FRED) for Q2 2018, worth a combined $57.5M — down 50% from $114M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of FRED and 25 opened new positions — a net loss of 21 holders — while 23 trimmed existing stakes and 13 added.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $1.18M. The largest seller was Wellington Management Group, exiting entirely with an estimated $12.5M sold.
- 73 institutional investors held Fred's Inc (FRED) as of Q2 2018, down from 95 in Q1 2018.
- Funds reported $57.5M of Fred's Inc stock for Q2 2018, down 50% quarter-over-quarter.
- 25 funds opened new Fred's Inc positions in Q2 2018 and 46 closed out, a net change of -21 holders.
- The largest Fred's Inc buyer in Q2 2018 was Corsair Capital Management, an estimated $1.18M added.
- The largest Fred's Inc seller in Q2 2018 was Wellington Management Group, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2018.