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Medifast

223 hedge funds and large institutions have $724M invested in Medifast in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.61% less ownership

Funds ownership: 88.79%87.19% (-1.6%)

6% less funds holding

Funds holding: 236223 (-13)

14% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 84

19% less capital invested

Capital invested by funds: $892M → $724M (-$168M)

31% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 42

77% less call options, than puts

Call options by funds: $8.82M | Put options by funds: $39.1M

Holders
223
Holders Change
-13
Holders Change %
-5.51%
% of All Funds
3.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
72
Reduced
84
Closed
42
Calls
$8.82M
Puts
$39.1M
Net Calls
-$30.2M
Net Calls Change
-$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
201
Davidson Capital Management
Texas
$4.64K +$1.77K +20 +48%
PA
202
PSI Advisors
Florida
$4.04K
LC
203
Lindbrook Capital
California
$3.74K -$5.15K -58 -54%
LWA
204
Lowe Wealth Advisors
Maryland
$2.25K
LFA
205
LGT Financial Advisors
Texas
$2.17K +$2.57K +29 New
Federated Hermes
206
Federated Hermes
Pennsylvania
$2.1K -$444 -5 -15%
TIM
207
Tortoise Investment Management
New York
$1.87K
FFA
208
Farther Finance Advisors
California
$1.72K +$355 +4 +21%
MPWT
209
MassMutual Private Wealth & Trust
Connecticut
$1.5K -$444 -5 -20%
UB
210
UMB Bank
Missouri
$1.35K
MRCM
211
M&R Capital Management
New Jersey
$1K
Bessemer Group
212
Bessemer Group
New Jersey
$1K
GRP
213
Global Retirement Partners
California
$818
GEA
214
Glen Eagle Advisors
New Jersey
$733
VCM
215
Versant Capital Management
Arizona
$674 -$2.04K -23 -72%
BAAM
216
Baker Avenue Asset Management
California
$674 -$355 -4 -31%
FMII
217
Farmers & Merchants Investments Inc
Nebraska
$599
FHA
218
First Horizon Advisors
Tennessee
$524
GJIA
219
Glass Jacobson Investment Advisors
Maryland
$524
YAL
220
Your Advocates Ltd
Texas
$524 +$621 +7 New
AF
221
Allworth Financial
California
$225 -$532 -6 -67%
AWM
222
Abound Wealth Management
Tennessee
$225
KFS
223
Kelly Financial Services
Massachusetts
$167
GWS
224
Glassman Wealth Services
Virginia
$150
Wellington Management Group
225
Wellington Management Group
Massachusetts
-$2.9M -31,509 Closed

MED Hedge Fund Activity: Q3 2023 in Review

223 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2023, worth a combined $724M — down 19% from $892M a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of MED and 29 opened new positions — a net loss of 13 holders — while 84 trimmed existing stakes and 72 added.

The largest buyer was Pacer Advisors, adding an estimated $7.01M. The largest seller was Man Group, exiting entirely with an estimated $13.3M sold.

  • 223 institutional investors held Medifast (MED) as of Q3 2023, down from 236 in Q2 2023.
  • Funds reported $724M of Medifast stock for Q3 2023, down 19% quarter-over-quarter.
  • 29 funds opened new Medifast positions in Q3 2023 and 42 closed out, a net change of -13 holders.
  • The largest Medifast buyer in Q3 2023 was Pacer Advisors, an estimated $7.01M added.
  • The largest Medifast seller in Q3 2023 was Man Group, an estimated $13.3M sold.

Based on aggregated 13F filings for Q3 2023.