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El Pollo Loco

86 hedge funds and large institutions have $562M invested in El Pollo Loco in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 20 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 20

23% less funds holding

Funds holding: 11286 (-26)

24% less call options, than puts

Call options by funds: $25.2M | Put options by funds: $33.3M

25% less capital invested

Capital invested by funds: $751M → $562M (-$189M)

57% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 42

Holders
86
Holders Change
-26
Holders Change %
-23.21%
% of All Funds
2.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
18
Increased
40
Reduced
20
Closed
42
Calls
$25.2M
Puts
$33.3M
Net Calls
-$8.15M
Net Calls Change
-$8.03M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trimaran Fund Management
New York
$347M -$131M -5,402,500 -24%
JG
2
Jefferies Group
New York
$76.1M +$89.2M +3,675,000 New
NI
3
Numeric Investors
Massachusetts
$24.7M +$4.32M +178,029 +18%
Vanguard Group
4
Vanguard Group
Pennsylvania
$23.6M +$8.72M +359,598 +46%
Morgan Stanley
5
Morgan Stanley
New York
$10.5M +$6M +247,185 +96%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$10.1M +$11.9M +488,742 New
BIT
7
BlackRock Institutional Trust
California
$7.2M +$2.38M +97,967 +39%
TG
8
TCW Group
California
$7.13M -$981K -40,430 -11%
BFA
9
BlackRock Fund Advisors
California
$6.62M +$2.53M +104,274 +48%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$5.53M -$622K -25,630 -9%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$5.07M +$5.94M +244,947 New
Goldman Sachs
12
Goldman Sachs
New York
$3.24M +$2.96M +122,034 +356%
Millennium Management
13
Millennium Management
New York
$2.52M +$142K +5,873 +5%
State Street
14
State Street
Massachusetts
$2.29M +$105K +4,309 +4%
Northern Trust
15
Northern Trust
Illinois
$2.1M -$287K -11,847 -10%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.9M +$175K +7,233 +9%
MSU
17
Mizuho Securities USA
New York
$1.72M +$939K +38,700 +88%
William Blair & Company
18
William Blair & Company
Illinois
$1.59M -$1.92M -79,075 -51%
TH
19
Timber Hill
Connecticut
$1.42M +$1.3M +53,719 +359%
Citigroup
20
Citigroup
New York
$1.28M +$1.26M +52,003 +524%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.25M +$339K +13,991 +30%
Alyeska Investment Group
22
Alyeska Investment Group
Illinois
$1.06M +$1.25M +51,356 New
TCIM
23
TIAA CREF Investment Management
New York
$945K +$351K +14,453 +46%
BIM
24
BlackRock Investment Management
Delaware
$944K +$529K +21,817 +92%
Citadel Advisors
25
Citadel Advisors
Florida
$868K -$21.9K -904 -2%

LOCO Hedge Fund Activity: Q2 2015 in Review

86 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in El Pollo Loco (LOCO) for Q2 2015, worth a combined $562M — down 25% from $751M a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of LOCO and 18 opened new positions — a net loss of 24 holders — while 20 trimmed existing stakes and 40 added.

The largest buyer was Jefferies Group, opening a new position worth an estimated $89.2M. The largest seller was Trimaran Fund Management, cutting an estimated $131M.

  • 86 institutional investors held El Pollo Loco (LOCO) as of Q2 2015, down from 112 in Q1 2015.
  • Funds reported $562M of El Pollo Loco stock for Q2 2015, down 25% quarter-over-quarter.
  • 18 funds opened new El Pollo Loco positions in Q2 2015 and 42 closed out, a net change of -24 holders.
  • The largest El Pollo Loco buyer in Q2 2015 was Jefferies Group, an estimated $89.2M added.
  • The largest El Pollo Loco seller in Q2 2015 was Trimaran Fund Management, an estimated $131M sold.

Based on aggregated 13F filings for Q2 2015.