Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
86 hedge funds and large institutions have $570M invested in Franchise Group, Inc. in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 7 closing their positions.
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
101% more call options, than puts
Call options by funds: $441K | Put options by funds: $219K
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
32% more funds holding
Funds holding: 65 → 86 (+21)
30% more capital invested
Capital invested by funds: $439M → $570M (+$130M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.9M |
| 2 |
BlackRock
New York
|
+$7.37M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.82M |
| 4 |
Bank of New York Mellon
New York
|
+$4.65M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$15.2M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.61M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$5.32M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.38M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$2.65M |
FRG Hedge Fund Activity: Q4 2020 in Review
86 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q4 2020, worth a combined $570M — up 30% from $439M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FRG positions and 7 closed out — a net gain of 21 holders — while 27 added to existing stakes and 17 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.9M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $15.2M sold.
- 86 institutional investors held Franchise Group, Inc. (FRG) as of Q4 2020, up from 65 in Q3 2020.
- Funds reported $570M of Franchise Group, Inc. stock for Q4 2020, up 30% quarter-over-quarter.
- 28 funds opened new Franchise Group, Inc. positions in Q4 2020 and 7 closed out, a net change of +21 holders.
- The largest Franchise Group, Inc. buyer in Q4 2020 was Vanguard Group, an estimated $10.9M added.
- The largest Franchise Group, Inc. seller in Q4 2020 was Nantahala Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2020.