Nomad Foods
NOMD
184 hedge funds and large institutions have $2.44B invested in Nomad Foods in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 57 reducing their positions, and 25 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 57
13% more capital invested
Capital invested by funds: $2.15B → $2.44B (+$285M)
3.34% more ownership
Funds ownership: 73.38% → 76.72% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less funds holding
Funds holding: 185 → 184 (-1)
4% less call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.66M
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$50.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$25M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.1M |
| 4 |
Bank of New York Mellon
New York
|
+$13.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$64.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$43.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.22M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.6M |
| 5 |
Amundi
Paris,
France
|
-$7.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
KeyBank National Association
Cleveland,
Ohio
| – | -$185K | -10,920 | Closed |
|
202
Lazard Asset Management
New York
| – | -$41K | -2,475 | Closed |
|
|
ASN
203
Advisory Services Network
Atlanta,
Georgia
| – | -$13.6K | -805 | Closed |
|
|
PMEF
204
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$11.8K | -697 | Closed |
|
|
QCG
205
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$5.92K | -349 | Closed |
|
|
CFGS
206
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.58K | -140 | Closed |
|
|
CMBA
207
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$1.97K | -116 | Closed |
|
|
AT
208
Arlington Trust
Birmingham,
Alabama
| – | -$1.61K | -95 | Closed |
|
|
FWM
209
Focused Wealth Management
Newburgh,
New York
| – | -$339 | -20 | Closed |
|
NOMD Hedge Fund Activity: Q1 2024 in Review
184 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q1 2024, worth a combined $2.44B — up 13% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NOMD and 24 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 77 added.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $50.6M. The largest seller was Morgan Stanley, cutting an estimated $64.5M.
- 184 institutional investors held Nomad Foods (NOMD) as of Q1 2024, down from 185 in Q4 2023.
- Funds reported $2.44B of Nomad Foods stock for Q1 2024, up 13% quarter-over-quarter.
- 24 funds opened new Nomad Foods positions in Q1 2024 and 25 closed out, a net change of -1 holder.
- The largest Nomad Foods buyer in Q1 2024 was River Road Asset Management, an estimated $50.6M added.
- The largest Nomad Foods seller in Q1 2024 was Morgan Stanley, an estimated $64.5M sold.
Based on aggregated 13F filings for Q1 2024.