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FRG

Franchise Group, Inc.

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 78 (+1)

7% less funds holding

Funds holding: 146136 (-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

Holders
136
Holders Change
-10
Holders Change %
-6.85%
% of All Funds
2.19%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.13%
New
22
Increased
55
Reduced
40
Closed
30
Calls
$33.5M
Puts
$5.84M
Net Calls
+$27.7M
Net Calls Change
+$34.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$46.3M +$3.34M +127,939 +7%
BlackRock
2
BlackRock
New York
$44.6M -$61.7K -2,363 -0.1%
RA
3
Royce & Associates
New York
$33.5M +$10M +383,277 +37%
Vanguard Group
4
Vanguard Group
Pennsylvania
$32.3M -$2.84M -108,748 -7%
EPM
5
Equitec Proprietary Markets
Illinois
$27.9M +$7.26M +278,074 +31%
SAM
6
Silvercrest Asset Management
New York
$22.2M +$2.09M +80,058 +9%
PAIM
7
Punch & Associates Investment Management
Minnesota
$20.1M -$56.3K -2,159 -0.3%
CC
8
Cannell Capital
Wyoming
$18M -$6.05M -231,726 -23%
CM
9
Capital Management
Virginia
$16.8M +$3.85M +147,527 +26%
State Street
10
State Street
Massachusetts
$16.6M +$1.09M +41,830 +7%
AFG
11
American Financial Group
Ohio
$16.3M
Goldman Sachs
12
Goldman Sachs
New York
$14M +$230K +8,831 +2%
Allspring Global Investments
13
Allspring Global Investments
North Carolina
$13.2M -$9.19M -352,162 -39%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$12.2M -$54K -2,069 -0.4%
Marshall Wace
15
Marshall Wace
United Kingdom
$10.4M +$10.1M +387,906 +811%
Citadel Advisors
16
Citadel Advisors
Florida
$9.36M +$3.23M +123,597 +46%
CPA
17
Cowen Prime Advisors
New York
$7.19M -$2.19M -83,800 -22%
LGF
18
LGT Group Foundation
Liechtenstein
$6.78M +$523K +20,045 +8%
SCM
19
Solas Capital Management
Connecticut
$6.19M +$6.78M +259,700 New
Victory Capital Management
20
Victory Capital Management
Texas
$5.8M -$3.69M -141,566 -37%
Northern Trust
21
Northern Trust
Illinois
$5.72M -$337K -12,922 -5%
Charles Schwab
22
Charles Schwab
California
$4.68M -$164K -6,293 -3%
KLC
23
Kent Lake Capital
Nevada
$3.39M
Bank of New York Mellon
24
Bank of New York Mellon
New York
$3.33M -$4.03M -154,264 -52%
Morgan Stanley
25
Morgan Stanley
New York
$3.32M -$3.7M -141,865 -50%

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.