Fiesta Restaurant Group, Inc.
FRGI
FRGI was delisted on the 27th of October, 2023.
137 hedge funds and large institutions have $615M invested in Fiesta Restaurant Group, Inc. in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 40 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
13% less funds holding
Funds holding: 157 → 137 (-20)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less capital invested
Capital invested by funds: $749M → $615M (-$134M)
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
91% less call options, than puts
Call options by funds: $826K | Put options by funds: $8.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$82.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38.3M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$25.5M |
| 4 |
NM
Newtyn Management
New York
|
+$10.1M |
| 5 |
BRCA
Birch Run Capital Advisors
Dallas,
Texas
|
+$9.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$19.4M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$19.1M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.92M |
| 4 |
KAM
Kavi Asset Management
New York
|
-$8.1M |
| 5 |
Renaissance Technologies
New York
|
-$7.83M |
FRGI Hedge Fund Activity: Q1 2017 in Review
137 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Fiesta Restaurant Group, Inc. (FRGI) for Q1 2017, worth a combined $615M — down 18% from $749M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FRGI and 26 opened new positions — a net loss of 14 holders — while 45 trimmed existing stakes and 52 added.
The largest buyer was BlackRock, adding an estimated $82.3M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $19.4M sold.
- 137 institutional investors held Fiesta Restaurant Group, Inc. (FRGI) as of Q1 2017, down from 157 in Q4 2016.
- Funds reported $615M of Fiesta Restaurant Group, Inc. stock for Q1 2017, down 18% quarter-over-quarter.
- 26 funds opened new Fiesta Restaurant Group, Inc. positions in Q1 2017 and 40 closed out, a net change of -14 holders.
- The largest Fiesta Restaurant Group, Inc. buyer in Q1 2017 was BlackRock, an estimated $82.3M added.
- The largest Fiesta Restaurant Group, Inc. seller in Q1 2017 was Point72 Asset Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2017.