El Pollo Loco
LOCO
81 hedge funds and large institutions have $271M invested in El Pollo Loco in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 23 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
6% less funds holding
Funds holding: 86 → 81 (-5)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less capital invested
Capital invested by funds: $562M → $271M (-$291M)
59% less call options, than puts
Call options by funds: $6.33M | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.44M |
| 2 |
Millennium Management
New York
|
+$8.87M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.45M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$7.38M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$46.3M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$18.3M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$7.13M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.53M |
| 5 |
Morgan Stanley
New York
|
-$3.42M |
LOCO Hedge Fund Activity: Q3 2015 in Review
81 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in El Pollo Loco (LOCO) for Q3 2015, worth a combined $271M — down 52% from $562M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of LOCO and 18 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 32 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $9.44M. The largest seller was Jefferies Group, cutting an estimated $46.3M.
- 81 institutional investors held El Pollo Loco (LOCO) as of Q3 2015, down from 86 in Q2 2015.
- Funds reported $271M of El Pollo Loco stock for Q3 2015, down 52% quarter-over-quarter.
- 18 funds opened new El Pollo Loco positions in Q3 2015 and 23 closed out, a net change of -5 holders.
- The largest El Pollo Loco buyer in Q3 2015 was Fidelity Investments, an estimated $9.44M added.
- The largest El Pollo Loco seller in Q3 2015 was Jefferies Group, an estimated $46.3M sold.
Based on aggregated 13F filings for Q3 2015.