Fiesta Restaurant Group, Inc.
FRGI
FRGI was delisted on the 27th of October, 2023.
145 hedge funds and large institutions have $598M invested in Fiesta Restaurant Group, Inc. in 2016 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 34 closing their positions.
47% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 34
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
12% more funds holding
Funds holding: 129 → 145 (+16)
2% more capital invested
Capital invested by funds: $585M → $598M (+$12.9M)
35% less call options, than puts
Call options by funds: $6.08M | Put options by funds: $9.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$29.6M |
| 2 |
SM
Scoggin Management
New York
|
+$18.6M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$14.5M |
| 4 |
SV
Starboard Value
New York
|
+$14.1M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$34.1M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$32.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$26M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$16M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Envestnet Asset Management
Chicago,
Illinois
| – | -$50K | -2,281 | Closed |
|
177
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -116 | Closed |
|
|
MFS
178
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -40 | Closed |
|
FRGI Hedge Fund Activity: Q3 2016 in Review
145 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fiesta Restaurant Group, Inc. (FRGI) for Q3 2016, worth a combined $598M — up 2.2% from $585M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FRGI positions and 34 closed out — a net gain of 16 holders — while 48 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $29.6M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $34.1M sold.
- 145 institutional investors held Fiesta Restaurant Group, Inc. (FRGI) as of Q3 2016, up from 129 in Q2 2016.
- Funds reported $598M of Fiesta Restaurant Group, Inc. stock for Q3 2016, up 2.2% quarter-over-quarter.
- 50 funds opened new Fiesta Restaurant Group, Inc. positions in Q3 2016 and 34 closed out, a net change of +16 holders.
- The largest Fiesta Restaurant Group, Inc. buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $29.6M added.
- The largest Fiesta Restaurant Group, Inc. seller in Q3 2016 was William Blair Investment Management, an estimated $34.1M sold.
Based on aggregated 13F filings for Q3 2016.