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Medifast

125 hedge funds and large institutions have $255M invested in Medifast in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 129125 (-4)

5.95% less ownership

Funds ownership: 84.68%78.72% (-6%)

11% less call options, than puts

Call options by funds: $110K | Put options by funds: $124K

19% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 54

23% less capital invested

Capital invested by funds: $332M → $255M (-$76.3M)

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

Holders
125
Holders Change
-4
Holders Change %
-3.1%
% of All Funds
3.49%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
44
Reduced
54
Closed
15
Calls
$110K
Puts
$124K
Net Calls
-$14K
Net Calls Change
-$299K
Name Holding Trade Value Shares
Change
Change in
Stake
NSIM
51
North Star Investment Management
Illinois
$848K
Charles Schwab
52
Charles Schwab
California
$825K -$681K -23,399 -43%
SEI Investments
53
SEI Investments
Pennsylvania
$790K +$856K +29,395 New
Axa
54
Axa
France
$760K +$224K +7,700 +37%
Prudential Financial
55
Prudential Financial
New Jersey
$676K -$116K -4,000 -14%
First Trust Advisors
56
First Trust Advisors
Illinois
$671K -$792K -27,180 -52%
JP Morgan Chase
57
JP Morgan Chase
New York
$663K +$64K +2,196 +10%
Wells Fargo
58
Wells Fargo
California
$649K -$23.1K -793 -3%
SO
59
STRS Ohio
Ohio
$628K +$26.2K +900 +4%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$613K -$634K -21,780 -49%
HW
61
Hancock Whitney
Mississippi
$586K +$635K +21,800 New
AG
62
Aperio Group
California
$559K +$4.34K +149 +0.7%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$530K -$2.91K -100 -0.5%
DC
64
Deere & Company
Illinois
$505K -$206K -7,085 -27%
Arrowstreet Capital
65
Arrowstreet Capital
Massachusetts
$470K -$280K -9,600 -35%
Swiss National Bank
66
Swiss National Bank
Switzerland
$443K +$23.3K +800 +5%
State Board of Administration of Florida Retirement System
67
State Board of Administration of Florida Retirement System
Florida
$439K
RhumbLine Advisers
68
RhumbLine Advisers
Massachusetts
$343K +$5.36K +184 +1%
TC
69
TFS Capital
Pennsylvania
$322K +$349K +11,977 New
CS
70
Credit Suisse
Switzerland
$314K -$2.96M -101,544 -90%
NAM
71
NorthCoast Asset Management
Connecticut
$303K +$328K +11,265 New
BMCMI
72
Bryn Mawr Capital Management Inc
Pennsylvania
$290K +$4.22K +145 +1%
Public Sector Pension Investment Board (PSP Investments)
73
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$279K -$204K -7,000 -40%
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$279K -$35K -1,203 -10%
Citadel Advisors
75
Citadel Advisors
Florida
$274K -$152K -5,223 -34%

MED Hedge Fund Activity: Q3 2015 in Review

125 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2015, worth a combined $255M — down 23% from $332M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of MED and 11 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $3.92M. The largest seller was 12 West Capital Management, exiting entirely with an estimated $9.92M sold.

  • 125 institutional investors held Medifast (MED) as of Q3 2015, down from 129 in Q2 2015.
  • Funds reported $255M of Medifast stock for Q3 2015, down 23% quarter-over-quarter.
  • 11 funds opened new Medifast positions in Q3 2015 and 15 closed out, a net change of -4 holders.
  • The largest Medifast buyer in Q3 2015 was Morgan Stanley, an estimated $3.92M added.
  • The largest Medifast seller in Q3 2015 was 12 West Capital Management, an estimated $9.92M sold.

Based on aggregated 13F filings for Q3 2015.