Diversified Restaurant Holdings, Inc. Common stock
SAUC
SAUC was delisted on the 25th of February, 2020.
24 hedge funds and large institutions have $4.76M invested in Diversified Restaurant Holdings, Inc. Common stock in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 14 closing their positions.
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
35% less funds holding
Funds holding: 37 → 24 (-13)
38% less capital invested
Capital invested by funds: $7.66M → $4.76M (-$2.91M)
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$319K |
| 2 |
Renaissance Technologies
New York
|
+$204K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$109K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$74.9K |
| 5 |
Bank of New York Mellon
New York
|
+$54.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$447K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$409K |
| 3 |
Goldman Sachs
New York
|
-$350K |
| 4 |
Morgan Stanley
New York
|
-$271K |
| 5 |
SIM
Spark Investment Management
New York
|
-$192K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
ClariVest Asset Management
San Diego,
California
| – | -$81K | -31,000 | Closed |
|
27
Nordea Investment Management
Stockholm,
Sweden
| – | -$81K | -31,000 | Closed |
|
28
Citadel Advisors
Miami,
Florida
| – | -$64K | -24,564 | Closed |
|
|
TSS
29
Two Sigma Securities
New York
| – | -$60K | -23,234 | Closed |
|
30
Millennium Management
New York
| – | -$59K | -22,865 | Closed |
|
|
HT
31
HighTower Trust
Houston,
Texas
| – | -$37K | -14,090 | Closed |
|
|
RJFSA
32
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$36K | -14,000 | Closed |
|
|
AIM
33
Acrospire Investment Management
Chicago,
Illinois
| – | -$31K | -11,844 | Closed |
|
34
Acadian Asset Management
Boston,
Massachusetts
| – | -$24K | -9,240 | Closed |
|
35
Walleye Trading
New York
| – | -$19 | -7,400 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$5K | -2,300 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$18 | +8 | +800% |
|
SAUC Hedge Fund Activity: Q3 2017 in Review
24 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Diversified Restaurant Holdings, Inc. Common stock (SAUC) for Q3 2017, worth a combined $4.76M — down 38% from $7.66M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SAUC and 2 opened new positions — a net loss of 12 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Macquarie Group, opening a new position worth an estimated $319K. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $447K sold.
- 24 institutional investors held Diversified Restaurant Holdings, Inc. Common stock (SAUC) as of Q3 2017, down from 37 in Q2 2017.
- Funds reported $4.76M of Diversified Restaurant Holdings, Inc. Common stock stock for Q3 2017, down 38% quarter-over-quarter.
- 2 funds opened new Diversified Restaurant Holdings, Inc. Common stock positions in Q3 2017 and 14 closed out, a net change of -12 holders.
- The largest Diversified Restaurant Holdings, Inc. Common stock buyer in Q3 2017 was Macquarie Group, an estimated $319K added.
- The largest Diversified Restaurant Holdings, Inc. Common stock seller in Q3 2017 was Driehaus Capital Management, an estimated $447K sold.
Based on aggregated 13F filings for Q3 2017.