Medifast
MED
140 hedge funds and large institutions have $315M invested in Medifast in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 23 closing their positions.
74% more call options, than puts
Call options by funds: $4.18M | Put options by funds: $2.4M
22% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 45
8% more capital invested
Capital invested by funds: $292M → $315M (+$23.9M)
2.74% more ownership
Funds ownership: 81.97% → 84.71% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 144 → 140 (-4)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$5.91M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.73M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.45M |
| 4 |
Millennium Management
New York
|
+$4.08M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.81M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$3.34M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.26M |
| 4 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$3.22M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.03M |
MED Hedge Fund Activity: Q3 2013 in Review
140 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2013, worth a combined $315M — up 8.2% from $292M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of MED and 19 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 55 added.
The largest buyer was Brandywine Global Investment Management, opening a new position worth an estimated $5.91M. The largest seller was AJO LP, exiting entirely with an estimated $3.81M sold.
- 140 institutional investors held Medifast (MED) as of Q3 2013, down from 144 in Q2 2013.
- Funds reported $315M of Medifast stock for Q3 2013, up 8.2% quarter-over-quarter.
- 19 funds opened new Medifast positions in Q3 2013 and 23 closed out, a net change of -4 holders.
- The largest Medifast buyer in Q3 2013 was Brandywine Global Investment Management, an estimated $5.91M added.
- The largest Medifast seller in Q3 2013 was AJO LP, an estimated $3.81M sold.
Based on aggregated 13F filings for Q3 2013.