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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
AG
76
Aperio Group
California
$427K
FCBT
77
First Citizens Bank & Trust
North Carolina
$411K +$52.8K +1,975 +15%
AG
78
Algert Global
California
$404K -$145K -5,410 -26%
GLA
79
Great Lakes Advisors
Illinois
$392K -$5.03K -188 -1%
BMCMI
80
Bryn Mawr Capital Management Inc
Pennsylvania
$381K -$32.4K -1,210 -8%
Swiss National Bank
81
Swiss National Bank
Switzerland
$376K -$45.5K -1,700 -11%
Comerica Bank
82
Comerica Bank
Texas
$366K +$19.4K +725 +6%
TPSF
83
Texas Permanent School Fund
Texas
$363K -$3.24K -121 -0.9%
Schroder Investment Management Group
84
Schroder Investment Management Group
United Kingdom
$358K +$42.8K +1,600 +14%
CS
85
Credit Suisse
Switzerland
$352K -$439K -16,398 -56%
EMG
86
Ellington Management Group
Connecticut
$347K -$302K -11,300 -47%
State of Tennessee, Department of Treasury
87
State of Tennessee, Department of Treasury
Tennessee
$347K +$345K +12,900 New
Arrowstreet Capital
88
Arrowstreet Capital
Massachusetts
$336K -$853K -31,900 -72%
Bank of America
89
Bank of America
North Carolina
$324K -$264K -9,865 -45%
New York State Teachers Retirement System (NYSTRS)
90
New York State Teachers Retirement System (NYSTRS)
New York
$319K -$88.3K -3,300 -22%
CAM
91
Capstone Asset Management
Texas
$312K -$3.74K -140 -1%
ASRS
92
Arizona State Retirement System
Arizona
$306K +$5.35K +200 +2%
Axa
93
Axa
France
$304K
MLICM
94
Metropolitan Life Insurance Company (MetLife)
New York
$304K
PCM
95
Palouse Capital Management
Washington
$302K -$2.01K -75 -0.7%
Connor, Clark & Lunn Investment Management (CC&L)
96
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$301K +$292K +10,900 New
SG Americas Securities
97
SG Americas Securities
New York
$299K +$297K +11,112 New
Jane Street
98
Jane Street
New York
$297K +$296K +11,052 New
NFA
99
Nationwide Fund Advisors
Ohio
$296K +$31.3K +1,171 +12%
AIG
100
American International Group
New York
$285K +$29.1K +1,088 +11%

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.