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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
CCM
51
Cadence Capital Management
Massachusetts
$1.01M -$204K -7,635 -17%
Charles Schwab
52
Charles Schwab
California
$896K +$36.3K +1,358 +4%
Deutsche Bank
53
Deutsche Bank
Germany
$890K +$207K +7,751 +31%
Invesco
54
Invesco
Georgia
$875K +$156K +5,821 +22%
SO
55
STRS Ohio
Ohio
$850K
Public Sector Pension Investment Board (PSP Investments)
56
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$827K +$209K +7,800 +34%
PAM
57
Panagora Asset Management
Massachusetts
$806K +$802K +29,986 New
Wellington Management Group
58
Wellington Management Group
Massachusetts
$796K -$275K -10,300 -26%
BG
59
BlackRock Group
United Kingdom
$785K +$163K +6,109 +26%
GCP
60
GSA Capital Partners
United Kingdom
$781K -$128K -4,800 -14%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$777K -$72.2K -2,700 -9%
RHJA
62
Rice Hall James & Associates
California
$757K +$354K +13,225 +89%
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
$740K +$736K +27,530 New
Barclays
64
Barclays
United Kingdom
$724K -$185K -6,932 -20%
JP Morgan Chase
65
JP Morgan Chase
New York
$692K -$99.9K -3,735 -13%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$667K +$19.6K +734 +3%
Nomura Holdings
67
Nomura Holdings
Japan
$620K -$7.25K -271 -1%
MCM
68
Matarin Capital Management
New York
$607K +$123K +4,613 +26%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$598K +$15.5K +580 +3%
PPA
70
Parametric Portfolio Associates
Washington
$585K +$36.2K +1,355 +7%
NSIM
71
North Star Investment Management
Illinois
$585K +$582K +21,750 New
FIM
72
Freedom Investment Management
Connecticut
$558K +$18.3K +685 +3%
AllianceBernstein
73
AllianceBernstein
Tennessee
$516K -$112K -4,204 -18%
COPPSERS
74
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$458K
RhumbLine Advisers
75
RhumbLine Advisers
Massachusetts
$432K -$11.6K -434 -3%

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.