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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
Mercer Global Advisors
101
Mercer Global Advisors
Colorado
$536K -$83.7K -944 -12%
SG Americas Securities
102
SG Americas Securities
New York
$531K +$629K +7,092 New
ACP
103
Aviance Capital Partners
Florida
$526K -$20.2K -228 -3%
KWM
104
Kingsview Wealth Management
Oregon
$522K +$619K +6,972 New
SEI Investments
105
SEI Investments
Pennsylvania
$518K +$271K +3,054 +79%
HF
106
HRT Financial
New York
$516K +$612K +6,899 New
SOADOR
107
State of Alaska Department of Revenue
Alaska
$507K -$34.2K -385 -5%
ASC
108
Atalanta Sosnoff Capital
New York
$493K -$4.44K -50 -0.8%
KBC Group
109
KBC Group
Belgium
$492K -$35K -395 -6%
Connor, Clark & Lunn Investment Management (CC&L)
110
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$490K -$121K -1,359 -17%
IMRF
111
Illinois Municipal Retirement Fund
Illinois
$489K +$580K +6,538 New
Barclays
112
Barclays
United Kingdom
$479K -$121K -1,365 -18%
ECM
113
ExodusPoint Capital Management
New York
$478K +$567K +6,391 New
Franklin Resources
114
Franklin Resources
California
$469K +$21.6K +243 +4%
State of Wisconsin Investment Board
115
State of Wisconsin Investment Board
Wisconsin
$443K +$219K +2,468 +71%
AIG
116
American International Group
New York
$442K +$11.1K +125 +2%
YCM
117
Yousif Capital Management
Michigan
$435K -$36.8K -415 -7%
PC
118
Prairiewood Capital
North Dakota
$426K +$5.5K +62 +1%
MIM
119
MetLife Investment Management
New Jersey
$416K -$24.1K -272 -5%
Commonwealth Equity Services
120
Commonwealth Equity Services
Massachusetts
$415K -$79.7K -898 -14%
LSERS
121
Louisiana State Employees Retirement System
Louisiana
$412K -$17.7K -200 -4%
LCM
122
Legato Capital Management
California
$408K -$1.09M -12,259 -69%
Manulife (Manufacturers Life Insurance)
123
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$405K +$93K +1,048 +24%
RFG
124
Range Financial Group
Oregon
$399K -$89 -1 -0%
DADC
125
D.A. Davidson & Co
Montana
$397K +$68.4K +771 +17%

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.