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Medifast

140 hedge funds and large institutions have $315M invested in Medifast in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $4.18M | Put options by funds: $2.4M

22% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 45

8% more capital invested

Capital invested by funds: $292M → $315M (+$23.9M)

2.74% more ownership

Funds ownership: 81.97%84.71% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 144140 (-4)

17% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 23

Holders
140
Holders Change
-4
Holders Change %
-2.78%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
19
Increased
55
Reduced
45
Closed
23
Calls
$4.18M
Puts
$2.4M
Net Calls
+$1.78M
Net Calls Change
+$3.75M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$3.37M -$202K -7,535 -6%
SCM
27
Sterling Capital Management
North Carolina
$3.2M +$3.19M +119,111 New
DC
28
Deere & Company
Illinois
$2.36M -$471K -17,605 -17%
DM
29
Diker Management
New York
$2.19M
Geode Capital Management
30
Geode Capital Management
Massachusetts
$2.07M +$19.1K +713 +0.9%
CAM
31
ClariVest Asset Management
California
$1.96M -$1.19M -44,374 -38%
Principal Financial Group
32
Principal Financial Group
Iowa
$1.88M +$151K +5,630 +9%
CCM
33
Chickasaw Capital Management
Tennessee
$1.82M +$53.5K +2,000 +3%
Jacobs Levy Equity Management
34
Jacobs Levy Equity Management
New Jersey
$1.75M -$879K -32,850 -33%
Acadian Asset Management
35
Acadian Asset Management
Massachusetts
$1.66M +$841K +31,443 +104%
California Public Employees Retirement System
36
California Public Employees Retirement System
California
$1.62M -$449K -16,800 -22%
SFM
37
Systematic Financial Management
New Jersey
$1.58M +$228K +8,510 +17%
QI
38
Quotient Investors
New York
$1.57M +$168K +6,300 +12%
SCM
39
Snow Capital Management
Pennsylvania
$1.54M +$337K +12,615 +28%
VOYA Investment Management
40
VOYA Investment Management
Georgia
$1.49M
ISL
41
Ingalls & Snyder LLC
New York
$1.45M +$274K +10,238 +23%
First Trust Advisors
42
First Trust Advisors
Illinois
$1.34M +$604K +22,584 +83%
Goldman Sachs
43
Goldman Sachs
New York
$1.26M +$642K +24,002 +106%
Morgan Stanley
44
Morgan Stanley
New York
$1.25M -$1.34M -49,955 -52%
BIM
45
BlackRock Investment Management
Delaware
$1.24M +$83.8K +3,133 +7%
Federated Hermes
46
Federated Hermes
Pennsylvania
$1.23M -$39.7K -1,485 -3%
CEI
47
Clark Estates Inc
New York
$1.21M
JGC
48
J. Goldman & Co
New York
$1.21M +$1.2M +45,000 New
JIC
49
Johnson Investment Counsel
Ohio
$1.17M +$1.17M +43,590 New
GC
50
Guggenheim Capital
Illinois
$1.15M +$170K +6,370 +17%

MED Hedge Fund Activity: Q3 2013 in Review

140 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2013, worth a combined $315M — up 8.2% from $292M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of MED and 19 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 55 added.

The largest buyer was Brandywine Global Investment Management, opening a new position worth an estimated $5.91M. The largest seller was AJO LP, exiting entirely with an estimated $3.81M sold.

  • 140 institutional investors held Medifast (MED) as of Q3 2013, down from 144 in Q2 2013.
  • Funds reported $315M of Medifast stock for Q3 2013, up 8.2% quarter-over-quarter.
  • 19 funds opened new Medifast positions in Q3 2013 and 23 closed out, a net change of -4 holders.
  • The largest Medifast buyer in Q3 2013 was Brandywine Global Investment Management, an estimated $5.91M added.
  • The largest Medifast seller in Q3 2013 was AJO LP, an estimated $3.81M sold.

Based on aggregated 13F filings for Q3 2013.