Nomad Foods
NOMD
166 hedge funds and large institutions have $2.6B invested in Nomad Foods in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 65 reducing their positions, and 30 closing their positions.
664% more call options, than puts
Call options by funds: $1.96M | Put options by funds: $256K
11% more capital invested
Capital invested by funds: $2.35B → $2.6B (+$250M)
1.08% more ownership
Funds ownership: 79.15% → 80.22% (+1.1%)
7% less funds holding
Funds holding: 178 → 166 (-12)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 65
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$62.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$46.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$19.9M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$76.4M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$24.4M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$14.6M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.9M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$11.8M |
NOMD Hedge Fund Activity: Q1 2023 in Review
166 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q1 2023, worth a combined $2.6B — up 11% from $2.35B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of NOMD and 21 opened new positions — a net loss of 9 holders — while 65 trimmed existing stakes and 54 added.
The largest buyer was Fidelity Investments, adding an estimated $62.7M. The largest seller was Polaris Capital Management, cutting an estimated $76.4M.
- 166 institutional investors held Nomad Foods (NOMD) as of Q1 2023, down from 178 in Q4 2022.
- Funds reported $2.6B of Nomad Foods stock for Q1 2023, up 11% quarter-over-quarter.
- 21 funds opened new Nomad Foods positions in Q1 2023 and 30 closed out, a net change of -9 holders.
- The largest Nomad Foods buyer in Q1 2023 was Fidelity Investments, an estimated $62.7M added.
- The largest Nomad Foods seller in Q1 2023 was Polaris Capital Management, an estimated $76.4M sold.
Based on aggregated 13F filings for Q1 2023.