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Medifast

267 hedge funds and large institutions have $1.06B invested in Medifast in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 107 increasing their positions, 80 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 80

7.76% more ownership

Funds ownership: 86.02%93.78% (+7.8%)

1% more capital invested

Capital invested by funds: $1.05B → $1.06B (+$15.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 279267 (-12)

15% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 47

45% less call options, than puts

Call options by funds: $9.77M | Put options by funds: $17.8M

Holders
267
Holders Change
-12
Holders Change %
-4.3%
% of All Funds
4.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
40
Increased
107
Reduced
80
Closed
47
Calls
$9.77M
Puts
$17.8M
Net Calls
-$8.06M
Net Calls Change
-$6.94M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
151
SEI Investments
Pennsylvania
$403K -$46.3K -418 -10%
Envestnet Asset Management
152
Envestnet Asset Management
Illinois
$399K +$26.6K +240 +7%
Wells Fargo
153
Wells Fargo
California
$396K +$164K +1,484 +64%
LOAMU
154
Lombard Odier Asset Management (USA)
New York
$392K +$419K +3,783 New
XT
155
XTX Topco
Cayman Islands
$374K +$400K +3,607 New
GCM
156
Gallacher Capital Management
Colorado
$374K +$4.99K +45 +1%
CIC
157
Cornercap Investment Counsel
Georgia
$372K +$84.8K +765 +27%
ETC
158
Exchange Traded Concepts
Oklahoma
$367K -$8.87K -80 -2%
OPERF
159
Oregon Public Employees Retirement Fund
Oregon
$365K -$12.2K -110 -3%
PI
160
Putnam Investments
Massachusetts
$358K +$23.2K +209 +6%
EAM
161
EULAV Asset Management
Florida
$352K -$377K -3,400 -50%
FC
162
FORA Capital
Florida
$352K +$162K +1,460 +75%
TRSOTSOK
163
Teachers Retirement System of the State of Kentucky
Kentucky
$352K
Two Sigma Advisers
164
Two Sigma Advisers
New York
$342K +$366K +3,300 New
PAG
165
Private Advisor Group
New Jersey
$333K +$357K +3,217 New
AI
166
AdvisorShares Investments
Maryland
$332K -$3.88K -35 -1%
ASRS
167
Arizona State Retirement System
Arizona
$328K +$6.21K +56 +2%
GC
168
Guggenheim Capital
Illinois
$326K +$136K +1,223 +64%
ACP
169
Aviance Capital Partners
Florida
$318K +$12.9K +116 +4%
MHI
170
Miller Howard Investments
New York
$313K +$3.99K +36 +1%
Swedbank
171
Swedbank
Sweden
$311K
MC
172
Matisse Capital
Oregon
$306K
JWBC
173
J.W. Burns & Co
New York
$301K
Teacher Retirement System of Texas
174
Teacher Retirement System of Texas
Texas
$292K -$2.33K -21 -0.7%
TC
175
Trilogy Capital
California
$290K +$115K +1,035 +59%

MED Hedge Fund Activity: Q1 2023 in Review

267 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q1 2023, worth a combined $1.06B — up 1.4% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of MED and 40 opened new positions — a net loss of 7 holders — while 80 trimmed existing stakes and 107 added.

The largest buyer was Millennium Management, adding an estimated $40.4M. The largest seller was Rice Hall James & Associates, cutting an estimated $17.2M.

  • 267 institutional investors held Medifast (MED) as of Q1 2023, down from 279 in Q4 2022.
  • Funds reported $1.06B of Medifast stock for Q1 2023, up 1.4% quarter-over-quarter.
  • 40 funds opened new Medifast positions in Q1 2023 and 47 closed out, a net change of -7 holders.
  • The largest Medifast buyer in Q1 2023 was Millennium Management, an estimated $40.4M added.
  • The largest Medifast seller in Q1 2023 was Rice Hall James & Associates, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2023.