Nomad Foods
NOMD
103 hedge funds and large institutions have $1.65B invested in Nomad Foods in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
20% more capital invested
Capital invested by funds: $1.38B → $1.65B (+$272M)
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
10% more funds holding
Funds holding: 94 → 103 (+9)
0.04% more ownership
Funds ownership: 80.92% → 80.96% (+0.04%)
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.4M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$17.7M |
| 3 |
SCM
Suvretta Capital Management
New York
|
+$16.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13M |
| 5 |
SFM
Soros Fund Management
New York
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$52.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11.1M |
| 3 |
IGM
Incline Global Management
New York
|
-$10M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.9M |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$6.46M |
NOMD Hedge Fund Activity: Q1 2017 in Review
103 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q1 2017, worth a combined $1.65B — up 20% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NOMD positions and 15 closed out — a net gain of 13 holders — while 34 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $28.4M. The largest seller was Third Point, cutting an estimated $52.7M.
- 103 institutional investors held Nomad Foods (NOMD) as of Q1 2017, up from 94 in Q4 2016.
- Funds reported $1.65B of Nomad Foods stock for Q1 2017, up 20% quarter-over-quarter.
- 28 funds opened new Nomad Foods positions in Q1 2017 and 15 closed out, a net change of +13 holders.
- The largest Nomad Foods buyer in Q1 2017 was BlackRock, an estimated $28.4M added.
- The largest Nomad Foods seller in Q1 2017 was Third Point, an estimated $52.7M sold.
Based on aggregated 13F filings for Q1 2017.