Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
111 hedge funds and large institutions have $636M invested in Franchise Group, Inc. in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 33 reducing their positions, and 15 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 33
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $585M → $636M (+$50.6M)
4% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $1.25M
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 112 → 111 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$21.3M |
| 2 |
Select Equity Group
New York
|
+$19.2M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$7.24M |
| 4 |
CM
Capital Management
Glen Allen,
Virginia
|
+$5.47M |
| 5 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$6.78M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.06M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.45M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$5.4M |
| 5 |
BPIM
Brant Point Investment Management
New York
|
-$3.24M |
FRG Hedge Fund Activity: Q3 2021 in Review
111 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q3 2021, worth a combined $636M — up 8.6% from $585M a quarter earlier.
Fund positioning in FRG was balanced in Q3 2021: 15 funds opened new positions, 15 closed out, 45 added to existing stakes and 33 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $21.3M. The largest seller was B. Riley Financial, cutting an estimated $6.78M.
- 111 institutional investors held Franchise Group, Inc. (FRG) as of Q3 2021, down from 112 in Q2 2021.
- Funds reported $636M of Franchise Group, Inc. stock for Q3 2021, up 8.6% quarter-over-quarter.
- 15 funds opened new Franchise Group, Inc. positions in Q3 2021 and 15 closed out, a net change of 0 holders.
- The largest Franchise Group, Inc. buyer in Q3 2021 was Royce & Associates, an estimated $21.3M added.
- The largest Franchise Group, Inc. seller in Q3 2021 was B. Riley Financial, an estimated $6.78M sold.
Based on aggregated 13F filings for Q3 2021.