Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
136 hedge funds and large institutions have $465M invested in Franchise Group, Inc. in 2022 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 40 reducing their positions, and 30 closing their positions.
474% more call options, than puts
Call options by funds: $33.5M | Put options by funds: $5.84M
38% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 40
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% less funds holding
Funds holding: 146 → 136 (-10)
7% less capital invested
Capital invested by funds: $500M → $465M (-$35.3M)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$10.1M |
| 2 |
RA
Royce & Associates
New York
|
+$10M |
| 3 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
+$7.26M |
| 4 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$6.78M |
| 5 |
CM
Capital Management
Glen Allen,
Virginia
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.19M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.05M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$5.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.58M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WI
151
WBI Investments
Red Bank,
New Jersey
| – | -$333K | -13,727 | Closed |
|
|
AI
152
AdvisorShares Investments
Bethesda,
Maryland
| – | -$329K | -13,546 | Closed |
|
153
SEI Investments
Oaks,
Pennsylvania
| – | -$247K | -10,165 | Closed |
|
154
Lido Advisors
Los Angeles,
California
| – | -$243K | -10,000 | Closed |
|
155
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$241K | -9,900 | Closed |
|
156
Handelsbanken Fonder
Stockholm,
Sweden
| – | -$236K | -9,700 | Closed |
|
157
Principal Financial Group
Des Moines,
Iowa
| – | -$232K | -9,543 | Closed |
|
|
TI
158
Trexquant Investment
Stamford,
Connecticut
| – | -$212K | -8,736 | Closed |
|
159
LSV Asset Management
Chicago,
Illinois
| – | -$119K | -4,900 | Closed |
|
160
Ensign Peak Advisors
Salt Lake City,
Utah
| – | -$77K | -3,160 | Closed |
|
|
PI
161
PEAK6 Investments
Chicago,
Illinois
| – | -$60K | -2,463 | Closed |
|
|
SSB
162
Sandy Spring Bank
Olney,
Maryland
| – | -$7K | -300 | Closed |
|
|
C
163
Covestor
London,
United Kingdom
| – | -$1.57K | -60 | -94% |
|
|
SFG
164
Steward Financial Group
Colleyville,
Texas
| – | +$78 | +3 | New |
|
FRG Hedge Fund Activity: Q4 2022 in Review
136 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q4 2022, worth a combined $465M — down 7.1% from $500M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FRG and 22 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 55 added.
The largest buyer was Marshall Wace, adding an estimated $10.1M. The largest seller was Allspring Global Investments, cutting an estimated $9.19M.
- 136 institutional investors held Franchise Group, Inc. (FRG) as of Q4 2022, down from 146 in Q3 2022.
- Funds reported $465M of Franchise Group, Inc. stock for Q4 2022, down 7.1% quarter-over-quarter.
- 22 funds opened new Franchise Group, Inc. positions in Q4 2022 and 30 closed out, a net change of -8 holders.
- The largest Franchise Group, Inc. buyer in Q4 2022 was Marshall Wace, an estimated $10.1M added.
- The largest Franchise Group, Inc. seller in Q4 2022 was Allspring Global Investments, an estimated $9.19M sold.
Based on aggregated 13F filings for Q4 2022.