Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
150 hedge funds and large institutions have $770M invested in Franchise Group, Inc. in 2022 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 35 closing their positions.
168% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $9.18M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
37% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 43
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
5% less funds holding
Funds holding: 158 → 150 (-8)
6% less capital invested
Capital invested by funds: $818M → $770M (-$48.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.4M |
| 2 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
+$27.3M |
| 3 |
Goldman Sachs
New York
|
+$16.4M |
| 4 |
RA
Royce & Associates
New York
|
+$15.2M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$24.5M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$15.1M |
| 3 |
CM
Capital Management
Glen Allen,
Virginia
|
-$13.9M |
| 4 |
BlackRock
New York
|
-$10.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.1M |
FRG Hedge Fund Activity: Q2 2022 in Review
150 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q2 2022, worth a combined $770M — down 5.9% from $818M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FRG and 32 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 59 added.
The largest buyer was Fidelity Investments, adding an estimated $27.4M. The largest seller was Select Equity Group, cutting an estimated $24.5M.
- 150 institutional investors held Franchise Group, Inc. (FRG) as of Q2 2022, down from 158 in Q1 2022.
- Funds reported $770M of Franchise Group, Inc. stock for Q2 2022, down 5.9% quarter-over-quarter.
- 32 funds opened new Franchise Group, Inc. positions in Q2 2022 and 35 closed out, a net change of -3 holders.
- The largest Franchise Group, Inc. buyer in Q2 2022 was Fidelity Investments, an estimated $27.4M added.
- The largest Franchise Group, Inc. seller in Q2 2022 was Select Equity Group, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2022.