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Medifast

239 hedge funds and large institutions have $1.36B invested in Medifast in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 79 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

12.69% more ownership

Funds ownership: 98.09%110.78% (+13%)

5% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 79

5% less funds holding

Funds holding: 251239 (-12)

11% less capital invested

Capital invested by funds: $1.53B → $1.36B (-$173M)

25% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 48

81% less call options, than puts

Call options by funds: $20.2M | Put options by funds: $105M

Holders
239
Holders Change
-12
Holders Change %
-4.78%
% of All Funds
5.24%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
36
Increased
83
Reduced
79
Closed
48
Calls
$20.2M
Puts
$105M
Net Calls
-$84.5M
Net Calls Change
-$120M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
26
Victory Capital Management
Texas
$11.5M +$5.55M +51,649 +87%
Norges Bank
27
Norges Bank
Norway
$11.5M -$3.74M -34,775 -24%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$10.8M +$3.77M +35,069 +51%
AAP
29
Ardsley Advisory Partners
Connecticut
$9.84M -$537K -5,000 -5%
Squarepoint
30
Squarepoint
New York
$9.49M +$5.26M +48,983 +115%
WG
31
Winton Group
United Kingdom
$9.27M +$2.33M +21,681 +32%
AQR Capital Management
32
AQR Capital Management
Connecticut
$9.1M -$1.83M -17,043 -16%
Morgan Stanley
33
Morgan Stanley
New York
$8.82M +$214K +1,988 +2%
Federated Hermes
34
Federated Hermes
Pennsylvania
$8.57M -$4.92M -45,734 -36%
Loomis, Sayles & Company
35
Loomis, Sayles & Company
Massachusetts
$8.24M +$8.54M +79,488 New
Goldman Sachs
36
Goldman Sachs
New York
$8.16M +$6.79M +63,183 +405%
CC
37
Clearline Capital
New York
$7.9M +$8.19M +76,205 New
Deutsche Bank
38
Deutsche Bank
Germany
$7.71M +$3.84M +35,712 +92%
Marshall Wace
39
Marshall Wace
United Kingdom
$7.67M -$53.1K -494 -0.7%
Wells Fargo
40
Wells Fargo
California
$6.98M -$405K -3,770 -5%
BIM
41
Bogle Investment Management
Massachusetts
$6.83M +$3.54M +32,964 +100%
Bank of America
42
Bank of America
North Carolina
$6.76M +$643K +5,983 +10%
PPA
43
Parametric Portfolio Associates
Washington
$6.16M +$1.08M +10,089 +20%
William Blair Investment Management
44
William Blair Investment Management
Illinois
$6.14M +$6.37M +59,223 New
AAMU
45
Amundi Asset Management US
Massachusetts
$6.07M +$1.62M +15,114 +35%
ISL
46
Ingalls & Snyder LLC
New York
$6.05M +$17.7K +165 +0.3%
GIPM
47
G2 Investment Partners Management
New York
$5.84M -$1.69M -15,761 -22%
Jacobs Levy Equity Management
48
Jacobs Levy Equity Management
New Jersey
$5.73M +$3.39M +31,560 +133%
Two Sigma Investments
49
Two Sigma Investments
New York
$5.59M +$5.55M +51,636 +2,246%
JP Morgan Chase
50
JP Morgan Chase
New York
$5.53M +$1.49M +13,838 +35%

MED Hedge Fund Activity: Q3 2019 in Review

239 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2019, worth a combined $1.36B — down 11% from $1.53B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of MED and 36 opened new positions — a net loss of 12 holders — while 79 trimmed existing stakes and 83 added.

The largest buyer was Miller Value Partners, opening a new position worth an estimated $73M. The largest seller was Hoplite Capital Management, exiting entirely with an estimated $52.5M sold.

  • 239 institutional investors held Medifast (MED) as of Q3 2019, down from 251 in Q2 2019.
  • Funds reported $1.36B of Medifast stock for Q3 2019, down 11% quarter-over-quarter.
  • 36 funds opened new Medifast positions in Q3 2019 and 48 closed out, a net change of -12 holders.
  • The largest Medifast buyer in Q3 2019 was Miller Value Partners, an estimated $73M added.
  • The largest Medifast seller in Q3 2019 was Hoplite Capital Management, an estimated $52.5M sold.

Based on aggregated 13F filings for Q3 2019.