We are live on ! Find out more
MED icon

Medifast
MED

140 hedge funds and large institutions have $175M invested in Medifast in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 54 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more call options, than puts

Call options by funds: $11.1M | Put options by funds: $5.04M

11% less funds holding

Funds holding: 158 → 140 (-18)

11.57% less ownership

Funds ownership: 95.33% → 83.76% (-12%)

23% less capital invested

Capital invested by funds: $228M → $175M (-$52.1M)

44% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 39

44% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 54

Holders
140
Holders Change
-18
Holders Change %
-11.39%
% of All Funds
2.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
22
Increased
30
Reduced
54
Closed
39
Calls
$11.1M
Puts
$5.04M
Net Calls
+$6.04M
Net Calls Change
+$10.5M

Top Buyers

Rank Fund Capital Flow
1
QOP
Quinn Opportunity Partners
Virginia
+$2.25M
2
Goldman Sachs
Goldman Sachs
New York
+$2.22M
3
Prudential Financial
Prudential Financial
New Jersey
+$1.42M
4
Renaissance Technologies
Renaissance Technologies
New York
+$917K
5
BlackRock
BlackRock
New York
+$904K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$7.96M
2
HF
HRT Financial
New York
-$2.52M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$2.49M
4
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$2.29M
5
Jane Street
Jane Street
New York
-$1.96M
Name Holding Trade Value Shares
Change 		Change in
Stake
TI
26
Trexquant Investment
Connecticut
$2.02M +$94.5K +4,905 +5%
Northern Trust
27
Northern Trust
Illinois
$1.93M -$24.2K -1,257 -1%
VFO
28
Virtus Family Office
Texas
$1.48M +$51.2K +2,658 +4%
Prudential Financial
29
Prudential Financial
New Jersey
$1.41M +$1.42M +73,785 New
Ameriprise
30
Ameriprise
Minnesota
$1.25M +$86K +4,463 +7%
VFA
31
Values First Advisors
Tennessee
$1.23M -$19.3K -999 -2%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$1.12M -$299K -15,527 -21%
Qube Research & Technologies (QRT)
33
Qube Research & Technologies (QRT)
United Kingdom
$1.11M -$2.29M -119,054 -67%
JP Morgan Chase
34
JP Morgan Chase
New York
$1.1M +$675K +35,017 +156%
Millennium Management
35
Millennium Management
New York
$1.07M -$7.96M -413,325 -88%
Invesco
36
Invesco
Georgia
$973K -$540K -28,020 -36%
CAM
37
Cresset Asset Management
Illinois
$965K +$127K +6,566 +15%
II
38
Inspire Investing
Idaho
$935K +$631K +32,768 +204%
SIM
39
SummerHaven Investment Management
Connecticut
$788K +$793K +41,157 New
Aviva
40
Aviva
United Kingdom
$658K +$136K +7,045 +26%
OAC
41
OMERS Administration Corp
Ontario, Canada
$607K – – –
Fidelity Investments
42
Fidelity Investments
Massachusetts
$589K +$183K +9,499 +45%
Janney Montgomery Scott
43
Janney Montgomery Scott
Pennsylvania
$587K +$591K +30,676 New
N
44
Nuveen
North Carolina
$578K – – –
AllianceBernstein
45
AllianceBernstein
Tennessee
$540K – – –
AWM
46
AE Wealth Management
Kansas
$536K +$539K +27,993 New
CC
47
Commons Capital
Massachusetts
$525K – – –
Deutsche Bank
48
Deutsche Bank
Germany
$512K +$42.4K +2,203 +9%
SO
49
STRS Ohio
Ohio
$477K – – –
EGM
50
Engineers Gate Manager
New York
$445K -$185K -9,625 -29%
1
2
3 4 5

MED Hedge Fund Activity: Q3 2024 in Review

140 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2024, worth a combined $175M — down 23% from $228M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of MED and 22 opened new positions — a net loss of 17 holders — while 54 trimmed existing stakes and 30 added.

The largest buyer was Quinn Opportunity Partners, opening a new position worth an estimated $2.25M. The largest seller was Millennium Management, cutting an estimated $7.96M.

  • 140 institutional investors held Medifast (MED) as of Q3 2024, down from 158 in Q2 2024.
  • Funds reported $175M of Medifast stock for Q3 2024, down 23% quarter-over-quarter.
  • 22 funds opened new Medifast positions in Q3 2024 and 39 closed out, a net change of -17 holders.
  • The largest Medifast buyer in Q3 2024 was Quinn Opportunity Partners, an estimated $2.25M added.
  • The largest Medifast seller in Q3 2024 was Millennium Management, an estimated $7.96M sold.

Based on aggregated 13F filings for Q3 2024.