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Medifast

246 hedge funds and large institutions have $1.52B invested in Medifast in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 98 increasing their positions, 68 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 68

41% more call options, than puts

Call options by funds: $14.9M | Put options by funds: $10.5M

8% more capital invested

Capital invested by funds: $1.41B → $1.52B (+$112M)

6.03% more ownership

Funds ownership: 94.7%100.73% (+6%)

5% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 40

0% less funds holding

Funds holding: 247246 (-1)

Holders
246
Holders Change
-1
Holders Change %
-0.4%
% of All Funds
5.32%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
42
Increased
98
Reduced
68
Closed
40
Calls
$14.9M
Puts
$10.5M
Net Calls
+$4.36M
Net Calls Change
+$3.64M
Name Holding Trade Value Shares
Change
Change in
Stake
AQA
226
Alpha Quant Advisors
Texas
$18K +$2.66K +21 +18%
PCM
227
Prelude Capital Management
New York
$13K -$4.57K -36 -26%
CCM
228
Cribstone Capital Management
Maine
$13K
PA
229
Parallel Advisors
California
$11K +$7.48K +59 +219%
PHK
230
Point72 Hong Kong
Hong Kong
$7K -$218K -1,717 -97%
WAM
231
Wealthspire Advisors (Maryland)
Maryland
$7K +$1.78K +14 +36%
LC
232
Lindbrook Capital
California
$4K
CAM
233
Cresset Asset Management
Illinois
$3K
MAM
234
Meeder Asset Management
Ohio
$3K
TIM
235
Tortoise Investment Management
New York
$3K
HGWM
236
Harvest Group Wealth Management
Massachusetts
$3K +$2.79K +22 New
FGAM
237
Financial Gravity Asset Management
Texas
$3K +$3.3K +26 New
HAM
238
Highstreet Asset Management
Ontario, Canada
$2K
AssetMark Inc
239
AssetMark Inc
California
$1K -$1.9K -15 -75%
GWS
240
Glassman Wealth Services
Virginia
$1K
VCM
241
Versant Capital Management
Arizona
$1K
PFBT
242
Parkside Financial Bank & Trust
Missouri
$1K +$127 +1 +11%
WT
243
Whittier Trust
California
$1K +$634 +5 New
LWA
244
Lowe Wealth Advisors
Maryland
$1K +$1.9K +15 New
MUAMU
245
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$702 +$698K +5,500 New
GT
246
Glenmede Trust
Pennsylvania
$153 +$44.4K +350 +41%
BIM
247
Bogle Investment Management
Massachusetts
-$12.8M -102,271 Closed
Jacobs Levy Equity Management
248
Jacobs Levy Equity Management
New Jersey
-$8.91M -71,306 Closed
Assenagon Asset Management
249
Assenagon Asset Management
Luxembourg
-$8.06M -64,461 Closed
MSL
250
Mackay Shields LLC
New York
-$1.45M -11,600 Closed

MED Hedge Fund Activity: Q1 2019 in Review

246 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q1 2019, worth a combined $1.52B — up 7.9% from $1.41B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MED positions and 40 closed out — a net gain of 2 holders — while 98 added to existing stakes and 68 trimmed.

The largest buyer was Hoplite Capital Management, opening a new position worth an estimated $33.3M. The largest seller was Renaissance Technologies, cutting an estimated $17.7M.

  • 246 institutional investors held Medifast (MED) as of Q1 2019, down from 247 in Q4 2018.
  • Funds reported $1.52B of Medifast stock for Q1 2019, up 7.9% quarter-over-quarter.
  • 42 funds opened new Medifast positions in Q1 2019 and 40 closed out, a net change of +2 holders.
  • The largest Medifast buyer in Q1 2019 was Hoplite Capital Management, an estimated $33.3M added.
  • The largest Medifast seller in Q1 2019 was Renaissance Technologies, an estimated $17.7M sold.

Based on aggregated 13F filings for Q1 2019.