Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
135 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, 54 increasing their positions, 40 reducing their positions, and 30 closing their positions.
474% more call options, than puts
Call options by funds: $33.5M | Put options by funds: $5.84M
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% less capital invested
Capital invested by funds: $500M → $465M (-$35.3M)
8% less funds holding
Funds holding: 146 → 135 (-11)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$10.1M |
| 2 |
RA
Royce & Associates
New York
|
+$10M |
| 3 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
+$7.26M |
| 4 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$6.78M |
| 5 |
CM
Capital Management
Glen Allen,
Virginia
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.19M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.05M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$5.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.58M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.26M |
FRG Hedge Fund Activity: Q4 2022 in Review
135 of the 6,237 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 54 added.
The largest buyer was Marshall Wace, adding an estimated $10.1M. The largest seller was Allspring Global Investments, cutting an estimated $9.19M.
- 135 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.