Jack in the Box
JACK
233 hedge funds and large institutions have $3.01B invested in Jack in the Box in 2017 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 96 reducing their positions, and 51 closing their positions.
1.01% less ownership
Funds ownership: 94.58% → 93.56% (-1%)
10% less funds holding
Funds holding: 260 → 233 (-27)
10% less call options, than puts
Call options by funds: $36M | Put options by funds: $40.2M
12% less capital invested
Capital invested by funds: $3.42B → $3.01B (-$403M)
26% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 96
37% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 51
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$338M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$81.8M |
| 3 |
CM
Corvex Management
New York
|
+$58.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.9M |
| 5 |
Two Sigma Investments
New York
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$74.2M |
| 2 |
Millennium Management
New York
|
-$70.7M |
| 3 |
MCL
MIK Capital LLC
New York
|
-$61M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$50.2M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$34.9M |
JACK Hedge Fund Activity: Q1 2017 in Review
233 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Jack in the Box (JACK) for Q1 2017, worth a combined $3.01B — down 12% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of JACK and 32 opened new positions — a net loss of 19 holders — while 96 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $338M. The largest seller was Victory Capital Management, cutting an estimated $74.2M.
- 233 institutional investors held Jack in the Box (JACK) as of Q1 2017, down from 260 in Q4 2016.
- Funds reported $3.01B of Jack in the Box stock for Q1 2017, down 12% quarter-over-quarter.
- 32 funds opened new Jack in the Box positions in Q1 2017 and 51 closed out, a net change of -19 holders.
- The largest Jack in the Box buyer in Q1 2017 was BlackRock, an estimated $338M added.
- The largest Jack in the Box seller in Q1 2017 was Victory Capital Management, an estimated $74.2M sold.
Based on aggregated 13F filings for Q1 2017.