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Medifast

240 hedge funds and large institutions have $1.65B invested in Medifast in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 69 increasing their positions, 91 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

462% more call options, than puts

Call options by funds: $68M | Put options by funds: $12.1M

55% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 29

7% more funds holding

Funds holding: 224240 (+16)

2% less capital invested

Capital invested by funds: $1.69B → $1.65B (-$37M)

17.74% less ownership

Funds ownership: 103.17%85.43% (-18%)

24% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 91

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
240
Holders Change
+16
Holders Change %
+7.14%
% of All Funds
4.84%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.1%
New
45
Increased
69
Reduced
91
Closed
29
Calls
$68M
Puts
$12.1M
Net Calls
+$55.9M
Net Calls Change
+$220M
Name Holding Trade Value Shares
Change
Change in
Stake
LWA
226
Lowe Wealth Advisors
Maryland
$5K
CFGS
227
Concourse Financial Group Securities
Alabama
$5K +$5.27K +32 New
SFS
228
Sowell Financial Services
Arkansas
$4K -$165 -1 -4%
TIM
229
Tortoise Investment Management
New York
$4K
Millennium Management
230
Millennium Management
New York
$3.3K -$78.5K -477 -2%
IA
231
IFP Advisors
Florida
$3K
CAPTRUST Financial Advisors
232
CAPTRUST Financial Advisors
North Carolina
$3K +$3.29K +20 New
TFO
233
Tarbox Family Office
California
$2K
PFBT
234
Parkside Financial Bank & Trust
Missouri
$2K +$494 +3 +38%
FHA
235
Flagship Harbor Advisors
Massachusetts
$2K +$2.63K +16 +800%
GEA
236
Glen Eagle Advisors
New Jersey
$1.48K
QCG
237
Quadrant Capital Group
Ohio
$1K
FHC
238
First Horizon Corporation
Tennessee
$1K +$1.98K +12 New
FCA
239
FinTrust Capital Advisors
South Carolina
$36 -$55K -334 -61%
NCM
240
Nantahala Capital Management
Connecticut
-$37.9M -272,957 Closed
1M
241
13D Management
New York
-$7.98M -57,533 Closed
CM
242
Castleark Management
Illinois
-$7.87M -56,720 Closed
KCM
243
Kennedy Capital Management
Missouri
-$7.81M -56,298 Closed
Nomura Holdings
244
Nomura Holdings
Japan
-$6.3M -45,458 Closed
Hotchkis & Wiley Capital Management
245
Hotchkis & Wiley Capital Management
California
-$3.75M -27,010 Closed
SCM
246
Snow Capital Management
Pennsylvania
-$1.37M -9,866 Closed
RIM
247
Redwood Investment Management
Arizona
-$1.02M -7,331 Closed
Holocene Advisors
248
Holocene Advisors
New York
-$630K -4,543 Closed
PA
249
Parallel Advisors
California
-$514K -3,705 Closed
TMAM
250
Tokio Marine Asset Management
Japan
-$472K -3,400 Closed

MED Hedge Fund Activity: Q3 2020 in Review

240 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2020, worth a combined $1.65B — down 2.2% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new MED positions and 29 closed out — a net gain of 16 holders — while 69 added to existing stakes and 91 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $30.4M. The largest seller was Engaged Capital, cutting an estimated $147M.

  • 240 institutional investors held Medifast (MED) as of Q3 2020, up from 224 in Q2 2020.
  • Funds reported $1.65B of Medifast stock for Q3 2020, down 2.2% quarter-over-quarter.
  • 45 funds opened new Medifast positions in Q3 2020 and 29 closed out, a net change of +16 holders.
  • The largest Medifast buyer in Q3 2020 was Two Sigma Investments, an estimated $30.4M added.
  • The largest Medifast seller in Q3 2020 was Engaged Capital, an estimated $147M sold.

Based on aggregated 13F filings for Q3 2020.