Nomad Foods
NOMD
167 hedge funds and large institutions have $2.11B invested in Nomad Foods in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 69 increasing their positions, 42 reducing their positions, and 32 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 42
34% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 32
5% more funds holding
Funds holding: 159 → 167 (+8)
2.08% more ownership
Funds ownership: 74.9% → 76.98% (+2.1%)
3% less capital invested
Capital invested by funds: $2.18B → $2.11B (-$72.4M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$142M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$60.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$14.3M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$13.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$143M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$30.6M |
| 3 |
SM
Scoggin Management
New York
|
-$23.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.3M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$9.54M |
NOMD Hedge Fund Activity: Q1 2018 in Review
167 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q1 2018, worth a combined $2.11B — down 3.3% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new NOMD positions and 32 closed out — a net gain of 11 holders — while 69 added to existing stakes and 42 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $142M. The largest seller was Corvex Management, exiting entirely with an estimated $143M sold.
- 167 institutional investors held Nomad Foods (NOMD) as of Q1 2018, up from 159 in Q4 2017.
- Funds reported $2.11B of Nomad Foods stock for Q1 2018, down 3.3% quarter-over-quarter.
- 43 funds opened new Nomad Foods positions in Q1 2018 and 32 closed out, a net change of +11 holders.
- The largest Nomad Foods buyer in Q1 2018 was Fidelity Investments, an estimated $142M added.
- The largest Nomad Foods seller in Q1 2018 was Corvex Management, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2018.