Franchise Group, Inc.
FRG was delisted on the 18th of August, 2023.
134 hedge funds and large institutions have $502M invested in Franchise Group, Inc. in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 21 closing their positions.
69% more call options, than puts
Call options by funds: $26.5M | Put options by funds: $15.7M
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
8% more capital invested
Capital invested by funds: $465M → $502M (+$37.6M)
1% less funds holding
Funds holding: 135 → 134 (-1)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.74M |
| 3 |
LGF
LGT Group Foundation
Vaduz,
Liechtenstein
|
+$2.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.39M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$15.9M |
| 2 |
Goldman Sachs
New York
|
-$15.6M |
| 3 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$8.03M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$7.22M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$6.69M |
FRG Hedge Fund Activity: Q1 2023 in Review
134 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Franchise Group, Inc. (FRG) for Q1 2023, worth a combined $502M — up 8.1% from $465M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FRG and 20 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 51 added.
The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was Allspring Global Investments, cutting an estimated $15.9M.
- 134 institutional investors held Franchise Group, Inc. (FRG) as of Q1 2023, down from 135 in Q4 2022.
- Funds reported $502M of Franchise Group, Inc. stock for Q1 2023, up 8.1% quarter-over-quarter.
- 20 funds opened new Franchise Group, Inc. positions in Q1 2023 and 21 closed out, a net change of -1 holder.
- The largest Franchise Group, Inc. buyer in Q1 2023 was Fidelity Investments, an estimated $15.5M added.
- The largest Franchise Group, Inc. seller in Q1 2023 was Allspring Global Investments, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2023.