Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
102 hedge funds and large institutions have $661M invested in Franchise Group, Inc. in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 21 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
110% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 21
19% more funds holding
Funds holding: 86 → 102 (+16)
16% more capital invested
Capital invested by funds: $570M → $661M (+$91.7M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
18% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.4M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$7.72M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.44M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$5.73M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$31.5M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$24.3M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$15.4M |
| 4 |
KC
Kepos Capital
New York
|
-$6.37M |
| 5 |
Two Sigma Investments
New York
|
-$2.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
101
American International Group
New York
| $459 | +$1.17K | +33 | +0.3% |
|
|
BMCM
102
Black Maple Capital Management
Milwaukee,
Wisconsin
| – | -$853K | -28,024 | Closed |
|
|
IECM
103
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$778K | -25,558 | Closed |
|
|
EGM
104
Engineers Gate Manager
New York
| – | -$282K | -9,261 | Closed |
|
|
JF
105
Jump Financial
Chicago,
Illinois
| – | -$238K | -7,800 | Closed |
|
|
FC
106
FORA Capital
Miami,
Florida
| – | -$111K | -3,629 | Closed |
|
|
CTFG
107
Capstone Triton Financial Group
Oklahoma City,
Oklahoma
| – | -$60K | -1,983 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$40K | -1,300 | Closed |
|
|
ASN
109
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -100 | Closed |
|
|
HFA
110
Hoover Financial Advisors
Malvern,
Pennsylvania
| – | +$354 | +10 | New |
|
FRG Hedge Fund Activity: Q1 2021 in Review
102 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q1 2021, worth a combined $661M — up 16% from $570M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FRG positions and 8 closed out — a net gain of 16 holders — while 44 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, adding an estimated $12.4M. The largest seller was B. Riley Financial, cutting an estimated $31.5M.
- 102 institutional investors held Franchise Group, Inc. (FRG) as of Q1 2021, up from 86 in Q4 2020.
- Funds reported $661M of Franchise Group, Inc. stock for Q1 2021, up 16% quarter-over-quarter.
- 24 funds opened new Franchise Group, Inc. positions in Q1 2021 and 8 closed out, a net change of +16 holders.
- The largest Franchise Group, Inc. buyer in Q1 2021 was BlackRock, an estimated $12.4M added.
- The largest Franchise Group, Inc. seller in Q1 2021 was B. Riley Financial, an estimated $31.5M sold.
Based on aggregated 13F filings for Q1 2021.