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Medifast

223 hedge funds and large institutions have $724M invested in Medifast in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.61% less ownership

Funds ownership: 88.79%87.19% (-1.6%)

6% less funds holding

Funds holding: 236223 (-13)

14% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 84

19% less capital invested

Capital invested by funds: $892M → $724M (-$168M)

31% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 42

77% less call options, than puts

Call options by funds: $8.82M | Put options by funds: $39.1M

Holders
223
Holders Change
-13
Holders Change %
-5.51%
% of All Funds
3.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
72
Reduced
84
Closed
42
Calls
$8.82M
Puts
$39.1M
Net Calls
-$30.2M
Net Calls Change
-$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
76
Cresset Asset Management
Illinois
$842K +$172K +1,941 +21%
Citigroup
77
Citigroup
New York
$783K -$52.1K -587 -5%
CM
78
Capula Management
Cayman Islands
$778K +$923K +10,400 New
State of Tennessee, Department of Treasury
79
State of Tennessee, Department of Treasury
Tennessee
$773K +$107K +1,206 +13%
Canada Life
80
Canada Life
Manitoba, Canada
$758K -$532 -6 -0.1%
Two Sigma Advisers
81
Two Sigma Advisers
New York
$756K -$8.87K -100 -1%
LPL Financial
82
LPL Financial
California
$748K -$81.3K -916 -8%
Thrivent Financial for Lutherans
83
Thrivent Financial for Lutherans
Minnesota
$746K -$40.3K -454 -4%
KCM
84
Kendall Capital Management
Maryland
$744K -$170K -1,920 -16%
TPSF
85
Texas Permanent School Fund
Texas
$692K -$30K -338 -4%
TD Asset Management
86
TD Asset Management
Ontario, Canada
$681K +$213K +2,400 +36%
Allspring Global Investments
87
Allspring Global Investments
North Carolina
$672K +$194K +2,188 +32%
LSV Asset Management
88
LSV Asset Management
Illinois
$666K
T. Rowe Price Associates
89
T. Rowe Price Associates
Maryland
$642K +$78.4K +884 +11%
LOAMU
90
Lombard Odier Asset Management (USA)
New York
$637K +$84.2K +949 +13%
RA
91
Royce & Associates
New York
$633K +$751K +8,462 New
SO
92
STRS Ohio
Ohio
$613K
RP
93
Rowlandmiller & Partners
Georgia
$605K +$200K +2,250 +39%
GC
94
Guggenheim Capital
Illinois
$599K +$211K +2,381 +42%
DTL
95
Dynamic Technology Lab
Singapore
$574K +$680K +7,667 New
SIM
96
SummerHaven Investment Management
Connecticut
$572K +$678K +7,643 New
Schroder Investment Management Group
97
Schroder Investment Management Group
United Kingdom
$548K
Aviva
98
Aviva
United Kingdom
$548K -$843K -9,499 -56%
Nisa Investment Advisors
99
Nisa Investment Advisors
Missouri
$545K +$342K +3,857 +113%
COPPSERS
100
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$545K -$446K -5,026 -41%

MED Hedge Fund Activity: Q3 2023 in Review

223 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2023, worth a combined $724M — down 19% from $892M a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of MED and 29 opened new positions — a net loss of 13 holders — while 84 trimmed existing stakes and 72 added.

The largest buyer was Pacer Advisors, adding an estimated $7.01M. The largest seller was Man Group, exiting entirely with an estimated $13.3M sold.

  • 223 institutional investors held Medifast (MED) as of Q3 2023, down from 236 in Q2 2023.
  • Funds reported $724M of Medifast stock for Q3 2023, down 19% quarter-over-quarter.
  • 29 funds opened new Medifast positions in Q3 2023 and 42 closed out, a net change of -13 holders.
  • The largest Medifast buyer in Q3 2023 was Pacer Advisors, an estimated $7.01M added.
  • The largest Medifast seller in Q3 2023 was Man Group, an estimated $13.3M sold.

Based on aggregated 13F filings for Q3 2023.