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Medifast

158 hedge funds and large institutions have $228M invested in Medifast in 2024 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 50 increasing their positions, 47 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 47

9.98% less ownership

Funds ownership: 105.31%95.33% (-10%)

15% less funds holding

Funds holding: 186158 (-28)

25% less call options, than puts

Call options by funds: $13.4M | Put options by funds: $17.8M

42% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 65

48% less capital invested

Capital invested by funds: $440M → $228M (-$212M)

Holders
158
Holders Change
-28
Holders Change %
-15.05%
% of All Funds
2.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
38
Increased
50
Reduced
47
Closed
65
Calls
$13.4M
Puts
$17.8M
Net Calls
-$4.47M
Net Calls Change
+$1.23M
Name Holding Trade Value Shares
Change
Change in
Stake
HI
126
Harbour Investments
Wisconsin
$4.69K
MPWT
127
MassMutual Private Wealth & Trust
Connecticut
$3.8K +$347 +13 +8%
PIM
128
Plato Investment Management
Australia
$2.9K
AF
129
Advisornet Financial
Minnesota
$2.84K +$3.46K +130 New
Comerica Bank
130
Comerica Bank
Texas
$2.68K -$125K -4,689 -97%
Fifth Third Bancorp
131
Fifth Third Bancorp
Ohio
$2.66K +$2.45K +92 +307%
SAM
132
Smartleaf Asset Management
Massachusetts
$2.49K +$3.15K +118 New
SA
133
Scarborough Advisors
Maryland
$2.11K
Jones Financial Companies
134
Jones Financial Companies
Missouri
$1.83K +$2.24K +84 New
AAG
135
Armstrong Advisory Group
Massachusetts
$1.81K
PS
136
Principal Securities
Iowa
$1.53K +$1.87K +70 New
TWC
137
TD Waterhouse Canada
Ontario, Canada
$1.41K
CJ
138
Caitlin John
Michigan
$1.25K
PA
139
PSI Advisors
Florida
$982
FFA
140
Farther Finance Advisors
California
$925 +$960 +36 +450%
IA
141
IFP Advisors
Florida
$799 -$5.86K -220 -86%
CWP
142
Concord Wealth Partners
Virginia
$720
LWA
143
Lowe Wealth Advisors
Maryland
$655
BTI
144
Blue Trust Inc
Georgia
$613 +$426 +16 New
YAL
145
Your Advocates Ltd
Texas
$593 +$533 +20 +286%
TIM
146
Tortoise Investment Management
New York
$546
CC
147
Cypress Capital
Tennessee
$415 +$506 +19 New
CAS
148
Coppell Advisory Solutions
Texas
$371 +$453 +17 New
BIA
149
Bell Investment Advisors
California
$350 +$426 +16 New
CAM
150
Creekmur Asset Management
Illinois
$284

MED Hedge Fund Activity: Q2 2024 in Review

158 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q2 2024, worth a combined $228M — down 48% from $440M a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of MED and 38 opened new positions — a net loss of 27 holders — while 47 trimmed existing stakes and 50 added.

The largest buyer was Acadian Asset Management, adding an estimated $8.59M. The largest seller was Pacer Advisors, exiting entirely with an estimated $48.3M sold.

  • 158 institutional investors held Medifast (MED) as of Q2 2024, down from 186 in Q1 2024.
  • Funds reported $228M of Medifast stock for Q2 2024, down 48% quarter-over-quarter.
  • 38 funds opened new Medifast positions in Q2 2024 and 65 closed out, a net change of -27 holders.
  • The largest Medifast buyer in Q2 2024 was Acadian Asset Management, an estimated $8.59M added.
  • The largest Medifast seller in Q2 2024 was Pacer Advisors, an estimated $48.3M sold.

Based on aggregated 13F filings for Q2 2024.