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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
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$11.3M -$1.5M -9,097 -12%
PPA
27
Parametric Portfolio Associates
Washington
$10.9M -$2.73M -16,570 -20%
Invesco
28
Invesco
Georgia
$10.2M +$949K +5,763 +10%
Morgan Stanley
29
Morgan Stanley
New York
$10M -$10.5M -63,728 -51%
Wells Fargo
30
Wells Fargo
California
$9.14M -$2.99M -18,169 -25%
LOAMS
31
Lombard Odier Asset Management (Switzerland)
Switzerland
$9.04M +$9.06M +55,000 New
2L
32
22NW LP
Washington
$8.84M
Nordea Investment Management
33
Nordea Investment Management
Sweden
$8.39M -$8.32M -50,528 -50%
ISL
34
Ingalls & Snyder LLC
New York
$8.04M -$623K -3,784 -7%
Bank of America
35
Bank of America
North Carolina
$7.39M +$1.97M +11,990 +36%
AAMU
36
Amundi Asset Management US
Massachusetts
$6.93M -$4.7M -28,557 -40%
First Trust Advisors
37
First Trust Advisors
Illinois
$6.78M +$5.11M +31,030 +305%
Deutsche Bank
38
Deutsche Bank
Germany
$6.63M -$160K -974 -2%
Goldman Sachs
39
Goldman Sachs
New York
$6.6M -$17.2M -104,324 -72%
LOAMU
40
Lombard Odier Asset Management (USA)
New York
$6.58M -$8.84M -53,705 -57%
WC
41
Winmill & Co
New York
$6.44M
Legal & General Group
42
Legal & General Group
United Kingdom
$6.09M +$15K +91 +0.2%
WG
43
Winton Group
United Kingdom
$5.21M -$1.73M -10,512 -25%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$5.17M -$606K -3,681 -10%
CCM
45
Chickasaw Capital Management
Tennessee
$5.12M +$16.5K +100 +0.3%
SEI Investments
46
SEI Investments
Pennsylvania
$5.09M -$987K -5,997 -16%
Robeco Institutional Asset Management
47
Robeco Institutional Asset Management
Netherlands
$4.88M -$2.78M -16,876 -36%
JP Morgan Chase
48
JP Morgan Chase
New York
$4.4M +$674K +4,091 +18%
AG
49
Aperio Group
California
$4.28M +$32.6K +198 +0.8%
Public Sector Pension Investment Board (PSP Investments)
50
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.28M -$49.4K -300 -1%

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.