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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
FFC
176
First Financial Corp
Indiana
$13K
SSB
177
Sandy Spring Bank
Maryland
$13K
TRCT
178
Tower Research Capital (TRC)
New York
$13K +$18.2K +200 New
Rockefeller Capital Management
179
Rockefeller Capital Management
New York
$11K +$15.4K +169 New
SF
180
Synovus Financial
Georgia
$7K +$8.1K +89 +445%
Ohio Public Employees Retirement System (OPERS)
181
Ohio Public Employees Retirement System (OPERS)
Ohio
$6K +$8.92K +98 New
MAM
182
Meeder Asset Management
Ohio
$5K -$3.64K -40 -34%
FDCDDQ
183
Federation des caisses Desjardins du Quebec
Quebec, Canada
$3.75K -$558K -6,129 -99%
NFG
184
Next Financial Group
Texas
$3K -$6.65K -73 -62%
US Bancorp
185
US Bancorp
Minnesota
$3K +$2.82K +31 +207%
LC
186
Lindbrook Capital
California
$2K -$546 -6 -18%
LWA
187
Lowe Wealth Advisors
Maryland
$2K
TIM
188
Tortoise Investment Management
New York
$2K
OFG
189
OmniStar Financial Group
North Carolina
$2K +$2.82K +31 New
GAM
190
Gemmer Asset Management
California
$2K +$2.91K +32 New
QCG
191
Quadrant Capital Group
Ohio
$1K -$21.5K -236 -96%
IA
192
IFP Advisors
Florida
$1K -$9.1K -100 -85%
CFG
193
Citizens Financial Group
Rhode Island
$1K -$4.73K -52 -76%
OPS
194
Orion Portfolio Solutions
Nebraska
$1K -$91 -1 -5%
DCM
195
Davidson Capital Management
Texas
$1K
TWA
196
TCI Wealth Advisors
Arizona
$1K +$819 +9 New
GEA
197
Glen Eagle Advisors
New Jersey
$563 +$819 +9 New
FGAM
198
Financial Gravity Asset Management
Texas
$441 -$2.46K -27 -79%
IECM
199
Intrinsic Edge Capital Management
Illinois
-$12.7M -115,549 Closed
DLG
200
Daniel L. Goodwin
-$2.74M -25,000 Closed

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.