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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
PI
126
PineBridge Investments
New York
$39K
Wells Fargo
127
Wells Fargo
California
$30K
PCM
128
Prelude Capital Management
New York
$30K +$29.4K +1,100 New
Citadel Advisors
129
Citadel Advisors
Florida
$25K -$410K -15,341 -94%
GT
130
Glenmede Trust
Pennsylvania
$24K -$331K -12,368 -93%
SGAM
131
Smith Group Asset Management
Texas
$22K
CCM
132
Credo Capital Management
Maryland
$14K -$3.85K -144 -21%
FANJ
133
Financial Architects (New Jersey)
New Jersey
$14K +$3.05K +114 +29%
RIA
134
Regal Investment Advisors
Michigan
$13K
ST
135
SpiderRock Trading
Illinois
$13K
BlackRock
136
BlackRock
New York
$12K
FA
137
Financial Advantage
Maryland
$5K
QT
138
Quantbot Technologies
New York
$5K +$5.35K +200 New
GC
139
Globeflex Capital
California
$2K -$1.29M -48,331 -100%
Manulife (Manufacturers Life Insurance)
140
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$281 -$12K -449 -4%
AL
141
AJO LP
Pennsylvania
-$3.81M -147,900 Closed
MCM
142
McKinley Capital Management
Alaska
-$3.34M -129,729 Closed
ARC
143
Absolute Return Capital
Massachusetts
-$3.22M -125,049 Closed
NI
144
Numeric Investors
Massachusetts
-$2.03M -78,912 Closed
MVA
145
Mount Vernon Associates
Maryland
-$1.15M -44,500 Closed
OSAM
146
O'Shaughnessy Asset Management
Connecticut
-$792K -30,708 Closed
NAM
147
NorthCoast Asset Management
Connecticut
-$703K -27,288 Closed
Massachusetts Financial Services
148
Massachusetts Financial Services
Massachusetts
-$556K -21,590 Closed
HCM
149
Highbridge Capital Management
New York
-$511K -19,821 Closed
SCA
150
SAC Capital Advisors
Connecticut
-$494K -19,173 Closed

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.