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Medifast

266 hedge funds and large institutions have $2.42B invested in Medifast in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 88 increasing their positions, 107 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more capital invested

Capital invested by funds: $1.69B → $2.42B (+$726M)

29% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 34

3.69% more ownership

Funds ownership: 87.68%91.36% (+3.7%)

3% more funds holding

Funds holding: 258266 (+8)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

18% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 107

39% less call options, than puts

Call options by funds: $39.4M | Put options by funds: $65.1M

Holders
266
Holders Change
+8
Holders Change %
+3.1%
% of All Funds
6.08%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
44
Increased
88
Reduced
107
Closed
34
Calls
$39.4M
Puts
$65.1M
Net Calls
-$25.7M
Net Calls Change
-$31.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$375M +$30.5M +150,582 +10%
Vanguard Group
2
Vanguard Group
Pennsylvania
$285M +$61.1M +301,532 +31%
Renaissance Technologies
3
Renaissance Technologies
New York
$212M -$7.03M -34,666 -3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$152M -$1.09M -5,394 -0.8%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$94.4M -$5.58M -27,533 -6%
State Street
6
State Street
Massachusetts
$86.7M +$7.42M +36,577 +10%
Goldman Sachs
7
Goldman Sachs
New York
$56.1M +$18.6M +91,793 +57%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$51.3M +$182K +900 +0.4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$42.3M +$3.39M +16,737 +10%
Principal Financial Group
10
Principal Financial Group
Iowa
$39M +$1.5M +7,423 +4%
Northern Trust
11
Northern Trust
Illinois
$35.4M +$1.73M +8,537 +6%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$34.5M +$302K +1,488 +1%
JIM
13
Jupiter Investment Management
United Kingdom
$32.1M +$2.68M +13,201 +10%
Invesco
14
Invesco
Georgia
$32.1M +$2.42M +11,960 +9%
American Century Companies
15
American Century Companies
Missouri
$30.1M -$1.91M -9,401 -6%
Prudential Financial
16
Prudential Financial
New Jersey
$30.1M -$804K -3,964 -3%
AQR Capital Management
17
AQR Capital Management
Connecticut
$29.3M +$15.6M +77,097 +140%
1WCM
18
12 West Capital Management
New York
$25.6M +$23.4M +115,341 New
TA
19
Teachers Advisors
New York
$24.4M -$16.6M -82,082 -43%
DCM
20
Driehaus Capital Management
Illinois
$23M +$2.68M +13,218 +15%
Man Group
21
Man Group
United Kingdom
$22M -$14.4M -71,154 -42%
WG
22
Winton Group
United Kingdom
$21.9M +$427K +2,105 +2%
Ameriprise
23
Ameriprise
Minnesota
$19.1M +$2.19M +10,816 +14%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$18.5M -$3.72M -18,371 -18%
OSAM
25
O'Shaughnessy Asset Management
Connecticut
$18.1M -$5.36M -26,456 -24%

MED Hedge Fund Activity: Q3 2018 in Review

266 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Medifast (MED) for Q3 2018, worth a combined $2.42B — up 43% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new MED positions and 34 closed out — a net gain of 10 holders — while 88 added to existing stakes and 107 trimmed.

The largest buyer was Vanguard Group, adding an estimated $61.1M. The largest seller was Teachers Advisors, cutting an estimated $16.6M.

  • 266 institutional investors held Medifast (MED) as of Q3 2018, up from 258 in Q2 2018.
  • Funds reported $2.42B of Medifast stock for Q3 2018, up 43% quarter-over-quarter.
  • 44 funds opened new Medifast positions in Q3 2018 and 34 closed out, a net change of +10 holders.
  • The largest Medifast buyer in Q3 2018 was Vanguard Group, an estimated $61.1M added.
  • The largest Medifast seller in Q3 2018 was Teachers Advisors, an estimated $16.6M sold.

Based on aggregated 13F filings for Q3 2018.