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FRG

Franchise Group, Inc.

Delisted

FRG was delisted on the 18th of August, 2023.

134 hedge funds and large institutions have $502M invested in Franchise Group, Inc. in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more call options, than puts

Call options by funds: $26.5M | Put options by funds: $15.7M

41% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 37

8% more capital invested

Capital invested by funds: $465M → $502M (+$37.5M)

10% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 21

1% less funds holding

Funds holding: 136134 (-2)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
134
Holders Change
-2
Holders Change %
-1.47%
% of All Funds
2.14%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.1%
New
19
Increased
52
Reduced
37
Closed
21
Calls
$26.5M
Puts
$15.7M
Net Calls
+$10.9M
Net Calls Change
-$16.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$2.68M -$1.18M -40,927 -29%
Balyasny Asset Management
27
Balyasny Asset Management
Illinois
$2.27M +$384K +13,357 +19%
CPA
28
Cowen Prime Advisors
New York
$2.26M -$6.46M -224,485 -74%
TC
29
Truvestments Capital
Florida
$1.99M +$322K +11,178 +18%
DADC
30
D.A. Davidson & Co
Montana
$1.93M +$169K +5,892 +9%
First Trust Advisors
31
First Trust Advisors
Illinois
$1.93M +$686K +23,852 +51%
Invesco
32
Invesco
Georgia
$1.86M +$908K +31,580 +86%
Teacher Retirement System of Texas
33
Teacher Retirement System of Texas
Texas
$1.61M +$1.7M +59,063 New
SAM
34
Secure Asset Management
Michigan
$1.57M +$40K +1,389 +2%
Swiss National Bank
35
Swiss National Bank
Switzerland
$1.57M -$302K -10,500 -15%
Wolverine Trading
36
Wolverine Trading
Illinois
$1.56M +$830K +28,848 +97%
Millennium Management
37
Millennium Management
New York
$1.54M +$776K +26,990 +91%
PCM
38
Prelude Capital Management
New York
$1.37M -$1.15M -39,948 -44%
Goldman Sachs
39
Goldman Sachs
New York
$1.29M -$15.6M -541,252 -92%
Bank of America
40
Bank of America
North Carolina
$1.28M -$1.09M -37,753 -44%
AAM
41
Advisors Asset Management
Colorado
$1.28M -$186K -6,461 -12%
SPIA
42
Steward Partners Investment Advisory
New York
$1.24M +$154K +5,352 +13%
PRCP
43
Pacific Ridge Capital Partners
Oregon
$1.24M +$3.45K +120 +0.3%
PI
44
PEAK6 Investments
Illinois
$1.12M +$1.18M +41,178 New
Ameriprise
45
Ameriprise
Minnesota
$1.04M +$183K +6,352 +20%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$992K -$4.37K -152 -0.4%
JP Morgan Chase
47
JP Morgan Chase
New York
$918K +$181K +6,300 +23%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$904K -$50.8K -1,767 -5%
CS
49
Credit Suisse
Switzerland
$869K +$6.42K +223 +0.7%
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$868K

FRG Hedge Fund Activity: Q1 2023 in Review

134 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q1 2023, worth a combined $502M — up 8.1% from $465M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of FRG and 19 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 52 added.

The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was Allspring Global Investments, cutting an estimated $15.9M.

  • 134 institutional investors held Franchise Group, Inc. (FRG) as of Q1 2023, down from 136 in Q4 2022.
  • Funds reported $502M of Franchise Group, Inc. stock for Q1 2023, up 8.1% quarter-over-quarter.
  • 19 funds opened new Franchise Group, Inc. positions in Q1 2023 and 21 closed out, a net change of -2 holders.
  • The largest Franchise Group, Inc. buyer in Q1 2023 was Fidelity Investments, an estimated $15.5M added.
  • The largest Franchise Group, Inc. seller in Q1 2023 was Allspring Global Investments, an estimated $15.9M sold.

Based on aggregated 13F filings for Q1 2023.