Nomad Foods
NOMD
77 hedge funds and large institutions have $1.07B invested in Nomad Foods in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
10% more funds holding
Funds holding: 70 → 77 (+7)
2.26% less ownership
Funds ownership: 77.55% → 75.29% (-2.3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
14% less capital invested
Capital invested by funds: $1.25B → $1.07B (-$176M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Rivulet Capital
Summit,
New Jersey
|
+$10.8M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$9M |
| 3 |
TP
Third Point
New York
|
+$8.51M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.58M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.5M |
| 2 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$9.5M |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$7.65M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.38M |
| 5 |
IGM
Incline Global Management
New York
|
-$5.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| $4K | -$194 | -22 | -4% |
|
|
PGC
77
Pacific Grove Capital
San Francisco,
California
| – | -$5.8M | -643,970 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.19M | -243,604 | Closed |
|
|
GL
79
GLG LLC
New York
| – | -$1.72M | -190,542 | Closed |
|
|
WBC
80
Westpac Banking Corp
Sydney,
Australia
| – | -$1.56M | -129,374 | Closed |
|
|
MCM
81
Moore Capital Management
New York
| – | -$901K | -100,000 | Closed |
|
|
CC
82
Clearline Capital
New York
| – | -$540K | -59,971 | Closed |
|
83
Jane Street
New York
| – | -$253K | -28,051 | Closed |
|
84
HSBC Holdings
London,
United Kingdom
| – | -$198K | -22,000 | Closed |
|
|
NPGCU
85
Napier Park Global Capital (US)
New York
| – | -$135K | -15,000 | Closed |
|
|
SFFS
86
Stonehage Fleming Financial Services
St. Helier,
Jersey
| – | -$170K | -2,060 | Closed |
|
|
IA
87
IFP Advisors
Tampa,
Florida
| – | -$18K | -897 | Closed |
|
88
Citigroup
New York
| – | -$1.02K | -116 | -66% |
|
NOMD Hedge Fund Activity: Q2 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q2 2016, worth a combined $1.07B — down 14% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NOMD positions and 11 closed out — a net gain of 8 holders — while 31 added to existing stakes and 22 trimmed.
The largest buyer was Rivulet Capital, adding an estimated $10.8M. The largest seller was Wellington Management Group, cutting an estimated $47.5M.
- 77 institutional investors held Nomad Foods (NOMD) as of Q2 2016, up from 70 in Q1 2016.
- Funds reported $1.07B of Nomad Foods stock for Q2 2016, down 14% quarter-over-quarter.
- 19 funds opened new Nomad Foods positions in Q2 2016 and 11 closed out, a net change of +8 holders.
- The largest Nomad Foods buyer in Q2 2016 was Rivulet Capital, an estimated $10.8M added.
- The largest Nomad Foods seller in Q2 2016 was Wellington Management Group, an estimated $47.5M sold.
Based on aggregated 13F filings for Q2 2016.