FRISCH'S RESTAURANTS INC
FRS
FRS was delisted on the 24th of August, 2015.
41 hedge funds and large institutions have $91.4M invested in FRISCH'S RESTAURANTS INC in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 7 closing their positions.
22% more capital invested
Capital invested by funds: $75.1M → $91.4M (+$16.3M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 40 → 41 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.86% less ownership
Funds ownership: 53.9% → 53.05% (-0.86%)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$1.53M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$342K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$282K |
| 4 |
Citigroup
New York
|
+$267K |
| 5 |
Millennium Management
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$1.31M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$1.27M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$631K |
| 4 |
Renaissance Technologies
New York
|
-$521K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$207K |
FRS Hedge Fund Activity: Q2 2015 in Review
41 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in FRISCH'S RESTAURANTS INC (FRS) for Q2 2015, worth a combined $91.4M — up 22% from $75.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRS positions and 7 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Commonwealth of Pennsylvania Public School Employees Retirement System, opening a new position worth an estimated $1.53M. The largest seller was Franklin Resources, cutting an estimated $1.31M.
- 41 institutional investors held FRISCH'S RESTAURANTS INC (FRS) as of Q2 2015, up from 40 in Q1 2015.
- Funds reported $91.4M of FRISCH'S RESTAURANTS INC stock for Q2 2015, up 22% quarter-over-quarter.
- 8 funds opened new FRISCH'S RESTAURANTS INC positions in Q2 2015 and 7 closed out, a net change of +1 holder.
- The largest FRISCH'S RESTAURANTS INC buyer in Q2 2015 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $1.53M added.
- The largest FRISCH'S RESTAURANTS INC seller in Q2 2015 was Franklin Resources, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2015.