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Medifast

240 hedge funds and large institutions have $1.65B invested in Medifast in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 69 increasing their positions, 91 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

462% more call options, than puts

Call options by funds: $68M | Put options by funds: $12.1M

55% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 29

7% more funds holding

Funds holding: 224240 (+16)

2% less capital invested

Capital invested by funds: $1.69B → $1.65B (-$37M)

17.74% less ownership

Funds ownership: 103.17%85.43% (-18%)

24% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 91

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
240
Holders Change
+16
Holders Change %
+7.14%
% of All Funds
4.84%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.1%
New
45
Increased
69
Reduced
91
Closed
29
Calls
$68M
Puts
$12.1M
Net Calls
+$55.9M
Net Calls Change
+$220M
Name Holding Trade Value Shares
Change
Change in
Stake
First Manhattan
201
First Manhattan
New York
$115K
PNC Financial Services Group
202
PNC Financial Services Group
Pennsylvania
$107K -$3.46K -21 -3%
Lazard Asset Management
203
Lazard Asset Management
New York
$88K -$6.22M -37,764 -99%
RIA
204
RPG Investment Advisory
California
$87K +$3.29K +20 +4%
PCM
205
Prelude Capital Management
New York
$83K +$46.6K +283 +129%
Federated Hermes
206
Federated Hermes
Pennsylvania
$74K -$187K -1,138 -72%
Macquarie Group
207
Macquarie Group
Australia
$74K
CFA
208
Carroll Financial Associates
North Carolina
$73K -$88.9K -540 -55%
WAM
209
Wolverine Asset Management
Illinois
$73K +$73.8K +448 New
FC
210
FORA Capital
Florida
$46K +$46.3K +281 New
SWA
211
Sutton Wealth Advisors
Florida
$38K
Ohio Public Employees Retirement System (OPERS)
212
Ohio Public Employees Retirement System (OPERS)
Ohio
$37K +$7.9K +48 +27%
Fidelity Investments
213
Fidelity Investments
Massachusetts
$35K +$3.46K +21 +11%
FFC
214
First Financial Corp
Indiana
$33K
SSB
215
Sandy Spring Bank
Maryland
$33K
APA
216
American Portfolios Advisors
New York
$32.4K +$6.59K +40 +25%
Rockefeller Capital Management
217
Rockefeller Capital Management
New York
$26K +$10K +61 +59%
US Bancorp
218
US Bancorp
Minnesota
$19K -$11.9K -72 -39%
GAM
219
Gemmer Asset Management
California
$10K
PFGIA
220
Patriot Financial Group Insurance Agency
Massachusetts
$7K
NFG
221
Next Financial Group
Texas
$7K +$6.59K +40 New
PFWA
222
Paces Ferry Wealth Advisors
Georgia
$7K +$6.92K +42 New
GWM
223
Geneos Wealth Management
Colorado
$7K +$7.74K +47 New
TWA
224
TCI Wealth Advisors
Arizona
$6K
LC
225
Lindbrook Capital
California
$5K

MED Hedge Fund Activity: Q3 2020 in Review

240 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2020, worth a combined $1.65B — down 2.2% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new MED positions and 29 closed out — a net gain of 16 holders — while 69 added to existing stakes and 91 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $30.4M. The largest seller was Engaged Capital, cutting an estimated $147M.

  • 240 institutional investors held Medifast (MED) as of Q3 2020, up from 224 in Q2 2020.
  • Funds reported $1.65B of Medifast stock for Q3 2020, down 2.2% quarter-over-quarter.
  • 45 funds opened new Medifast positions in Q3 2020 and 29 closed out, a net change of +16 holders.
  • The largest Medifast buyer in Q3 2020 was Two Sigma Investments, an estimated $30.4M added.
  • The largest Medifast seller in Q3 2020 was Engaged Capital, an estimated $147M sold.

Based on aggregated 13F filings for Q3 2020.