FRISCH'S RESTAURANTS INC
FRS
FRS was delisted on the 24th of August, 2015.
40 hedge funds and large institutions have $69M invested in FRISCH'S RESTAURANTS INC in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
10% more capital invested
Capital invested by funds: $62.9M → $69M (+$6.11M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 43 → 40 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$631K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$419K |
| 3 |
Bank of New York Mellon
New York
|
+$374K |
| 4 |
RC
Reik & Co
New York
|
+$188K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$235K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$77.9K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$21.8K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$19.4K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$13K |
FRS Hedge Fund Activity: Q4 2013 in Review
40 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FRISCH'S RESTAURANTS INC (FRS) for Q4 2013, worth a combined $69M — up 9.7% from $62.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FRS and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Royce & Associates, adding an estimated $631K. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $235K sold.
- 40 institutional investors held FRISCH'S RESTAURANTS INC (FRS) as of Q4 2013, down from 43 in Q3 2013.
- Funds reported $69M of FRISCH'S RESTAURANTS INC stock for Q4 2013, up 9.7% quarter-over-quarter.
- 2 funds opened new FRISCH'S RESTAURANTS INC positions in Q4 2013 and 5 closed out, a net change of -3 holders.
- The largest FRISCH'S RESTAURANTS INC buyer in Q4 2013 was Royce & Associates, an estimated $631K added.
- The largest FRISCH'S RESTAURANTS INC seller in Q4 2013 was Jacobs Levy Equity Management, an estimated $235K sold.
Based on aggregated 13F filings for Q4 2013.