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Medifast

202 hedge funds and large institutions have $781M invested in Medifast in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 57 increasing their positions, 77 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less funds holding

Funds holding: 219202 (-17)

8.53% less ownership

Funds ownership: 114.82%106.29% (-8.5%)

26% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 77

27% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 48

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

47% less capital invested

Capital invested by funds: $1.46B → $781M (-$681M)

73% less call options, than puts

Call options by funds: $6.13M | Put options by funds: $22.8M

Holders
202
Holders Change
-17
Holders Change %
-7.76%
% of All Funds
4.45%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
35
Increased
57
Reduced
77
Closed
48
Calls
$6.13M
Puts
$22.8M
Net Calls
-$16.6M
Net Calls Change
+$49.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
101
American International Group
New York
$480K -$34.5K -379 -5%
State of Tennessee, Department of Treasury
102
State of Tennessee, Department of Treasury
Tennessee
$464K -$192K -2,107 -22%
CC
103
Clearline Capital
New York
$459K -$123K -1,355 -16%
JMPWA
104
JP Morgan Private Wealth Advisors
California
$446K +$73.2K +804 +13%
Manulife (Manufacturers Life Insurance)
105
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$440K +$21.9K +240 +4%
RJA
106
Raymond James & Associates
Florida
$438K -$42.8K -470 -6%
GC
107
Globeflex Capital
California
$423K
EAM
108
EULAV Asset Management
Florida
$400K -$564K -6,200 -49%
CPO
109
Cerity Partners OCIO
New York
$398K +$65.8K +723 +13%
COPPSERS
110
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$365K +$174K +1,906 +48%
FMBTD
111
First Midwest Bank Trust Division
Illinois
$363K +$529K +5,809 New
QIM
112
Quantitative Investment Management
Virginia
$346K +$504K +5,539 New
MIM
113
MetLife Investment Management
New Jersey
$336K
Citigroup
114
Citigroup
New York
$331K -$216K -2,375 -31%
State Board of Administration of Florida Retirement System
115
State Board of Administration of Florida Retirement System
Florida
$316K -$11.8K -130 -3%
Envestnet Asset Management
116
Envestnet Asset Management
Illinois
$310K +$192K +2,108 +74%
Nisa Investment Advisors
117
Nisa Investment Advisors
Missouri
$306K -$9.1K -100 -2%
Stifel Financial
118
Stifel Financial
Missouri
$298K +$137K +1,505 +46%
D.E. Shaw & Co
119
D.E. Shaw & Co
New York
$294K +$429K +4,707 New
BNP Paribas Financial Markets
120
BNP Paribas Financial Markets
France
$292K -$3.49M -38,346 -89%
OPERF
121
Oregon Public Employees Retirement Fund
Oregon
$290K -$18.2K -200 -4%
AAS
122
Avantax Advisory Services
Texas
$290K +$110K +1,207 +35%
Balyasny Asset Management
123
Balyasny Asset Management
Illinois
$287K +$418K +4,587 New
Canada Pension Plan Investment Board
124
Canada Pension Plan Investment Board
Ontario, Canada
$280K +$408K +4,478 New
OR
125
Olympiad Research
Connecticut
$278K +$405K +4,452 New

MED Hedge Fund Activity: Q1 2020 in Review

202 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q1 2020, worth a combined $781M — down 47% from $1.46B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of MED and 35 opened new positions — a net loss of 13 holders — while 77 trimmed existing stakes and 57 added.

The largest buyer was Nantahala Capital Management, adding an estimated $13M. The largest seller was Miller Value Partners, cutting an estimated $19.4M.

  • 202 institutional investors held Medifast (MED) as of Q1 2020, down from 219 in Q4 2019.
  • Funds reported $781M of Medifast stock for Q1 2020, down 47% quarter-over-quarter.
  • 35 funds opened new Medifast positions in Q1 2020 and 48 closed out, a net change of -13 holders.
  • The largest Medifast buyer in Q1 2020 was Nantahala Capital Management, an estimated $13M added.
  • The largest Medifast seller in Q1 2020 was Miller Value Partners, an estimated $19.4M sold.

Based on aggregated 13F filings for Q1 2020.