Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
66 hedge funds and large institutions have $332M invested in Franchise Group, Inc. in 2020 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 5 closing their positions.
760% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 5
271% more capital invested
Capital invested by funds: $89.6M → $332M (+$243M)
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
136% more funds holding
Funds holding: 28 → 66 (+38)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.1M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$10.5M |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$7.05M |
| 5 |
CPA
Cowen Prime Advisors
New York
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$12M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$8.43M |
| 3 |
Millennium Management
New York
|
-$1.34M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$318K |
| 5 |
Goldman Sachs
New York
|
-$304K |
FRG Hedge Fund Activity: Q2 2020 in Review
66 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q2 2020, worth a combined $332M — up 271% from $89.6M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FRG positions and 5 closed out — a net gain of 38 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $17.5M. The largest seller was Nantahala Capital Management, cutting an estimated $12M.
- 66 institutional investors held Franchise Group, Inc. (FRG) as of Q2 2020, up from 28 in Q1 2020.
- Funds reported $332M of Franchise Group, Inc. stock for Q2 2020, up 271% quarter-over-quarter.
- 43 funds opened new Franchise Group, Inc. positions in Q2 2020 and 5 closed out, a net change of +38 holders.
- The largest Franchise Group, Inc. buyer in Q2 2020 was BlackRock, an estimated $17.5M added.
- The largest Franchise Group, Inc. seller in Q2 2020 was Nantahala Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2020.