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Medifast

267 hedge funds and large institutions have $1.06B invested in Medifast in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 107 increasing their positions, 80 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 80

7.76% more ownership

Funds ownership: 86.02%93.78% (+7.8%)

1% more capital invested

Capital invested by funds: $1.05B → $1.06B (+$15.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 279267 (-12)

15% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 47

45% less call options, than puts

Call options by funds: $9.77M | Put options by funds: $17.8M

Holders
267
Holders Change
-12
Holders Change %
-4.3%
% of All Funds
4.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
40
Increased
107
Reduced
80
Closed
47
Calls
$9.77M
Puts
$17.8M
Net Calls
-$8.06M
Net Calls Change
-$6.94M
Name Holding Trade Value Shares
Change
Change in
Stake
LOAMS
26
Lombard Odier Asset Management (Switzerland)
Switzerland
$7.78M -$8.36M -75,400 -50%
Voloridge Investment Management
27
Voloridge Investment Management
Florida
$7.55M +$8.07M +72,845 New
PAMS
28
Pictet Asset Management (Switzerland)
Switzerland
$7M -$10.4M -93,506 -58%
Invesco
29
Invesco
Georgia
$6.87M +$1.65M +14,930 +29%
Jacobs Levy Equity Management
30
Jacobs Levy Equity Management
New Jersey
$6.61M +$503K +4,539 +8%
Man Group
31
Man Group
United Kingdom
$6.27M -$200K -1,808 Closed
Hotchkis & Wiley Capital Management
32
Hotchkis & Wiley Capital Management
California
$5.9M +$1.01M +9,110 +19%
SSCM
33
Summit Street Capital Management
New York
$5.63M +$3.17M +28,642 +111%
SFM
34
Systematic Financial Management
New Jersey
$5.19M -$797K -7,188 -13%
Nordea Investment Management
35
Nordea Investment Management
Sweden
$5.12M -$149K -1,347 -3%
MVP
36
Miller Value Partners
Florida
$4.64M +$1.47M +13,300 +42%
Deutsche Bank
37
Deutsche Bank
Germany
$4.35M -$657K -5,926 -12%
Allianz Asset Management
38
Allianz Asset Management
Germany
$4.31M +$611K +5,509 +15%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$4.15M +$416K +3,756 +10%
WC
40
Winmill & Co
New York
$4.06M
CIBC World Market
41
CIBC World Market
Ontario, Canada
$3.97M +$44.6K +402 +1%
AAM
42
Advisors Asset Management
Colorado
$3.71M +$2.45M +22,088 +161%
Goldman Sachs
43
Goldman Sachs
New York
$3.62M +$362K +3,262 +10%
ISL
44
Ingalls & Snyder LLC
New York
$3.61M -$79.2K -715 -2%
EGM
45
Engineers Gate Manager
New York
$3.59M +$2.52M +22,773 +192%
Wellington Management Group
46
Wellington Management Group
Massachusetts
$3.43M -$73.4K -662 -2%
Legal & General Group
47
Legal & General Group
United Kingdom
$3.35M -$38.6K -348 -1%
NCM
48
Nantahala Capital Management
Connecticut
$3.11M
DIA
49
Dean Investment Associates
Ohio
$3M +$2.37M +21,368 +281%
CCM
50
Chickasaw Capital Management
Tennessee
$2.83M -$122K -1,100 -4%

MED Hedge Fund Activity: Q1 2023 in Review

267 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q1 2023, worth a combined $1.06B — up 1.4% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of MED and 40 opened new positions — a net loss of 7 holders — while 80 trimmed existing stakes and 107 added.

The largest buyer was Millennium Management, adding an estimated $40.4M. The largest seller was Rice Hall James & Associates, cutting an estimated $17.2M.

  • 267 institutional investors held Medifast (MED) as of Q1 2023, down from 279 in Q4 2022.
  • Funds reported $1.06B of Medifast stock for Q1 2023, up 1.4% quarter-over-quarter.
  • 40 funds opened new Medifast positions in Q1 2023 and 47 closed out, a net change of -7 holders.
  • The largest Medifast buyer in Q1 2023 was Millennium Management, an estimated $40.4M added.
  • The largest Medifast seller in Q1 2023 was Rice Hall James & Associates, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2023.