Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
208 hedge funds and large institutions have $1.73B invested in Sonic Corp in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 86 reducing their positions, and 30 closing their positions.
8% more capital invested
Capital invested by funds: $1.6B → $1.73B (+$133M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 211 → 208 (-3)
17% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 86
20% less call options, than puts
Call options by funds: $20M | Put options by funds: $24.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$50.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.9M |
| 3 |
O
OppenheimerFunds
New York
|
+$18.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$17M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$47.5M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$22.7M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$19.2M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$14.7M |
| 5 |
Morgan Stanley
New York
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Tudor Investment Corp
Stamford,
Connecticut
| – | -$468K | -14,471 | Closed |
|
|
BCM
227
BlueCrest Capital Management
St Helier,
Jersey
| – | -$439K | -13,580 | Closed |
|
|
CA
228
Cetera Advisors
Denver,
Colorado
| – | -$396K | -12,276 | Closed |
|
|
HI
229
HBK Investments
Dallas,
Texas
| – | -$373K | -11,557 | Closed |
|
230
Nomura Holdings
Tokyo,
Japan
| – | -$267K | -8,268 | Closed |
|
|
SKK
231
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$237K | -7,339 | Closed |
|
232
Group One Trading
Chicago,
Illinois
| – | -$192K | -6,429 | Closed |
|
|
BCM
233
Bayesian Capital Management
Brooklyn,
New York
| – | -$200K | -6,200 | Closed |
|
|
IA
234
IFP Advisors
Tampa,
Florida
| – | -$30K | -932 | Closed |
|
235
Parallax Volatility Advisers
San Francisco,
California
| – | -$17.1K | -571 | Closed |
|
|
UFA
236
US Financial Advisors
Braintree,
Massachusetts
| – | -$9K | -280 | Closed |
|
|
AFP
237
Ausdal Financial Partners
Davenport,
Iowa
| – | -$3K | -100 | Closed |
|
SONC Hedge Fund Activity: Q1 2016 in Review
208 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q1 2016, worth a combined $1.73B — up 8.3% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SONC and 28 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 71 added.
The largest buyer was RS Investment Management, opening a new position worth an estimated $50.7M. The largest seller was Citadel Advisors, cutting an estimated $47.5M.
- 208 institutional investors held Sonic Corp (SONC) as of Q1 2016, down from 211 in Q4 2015.
- Funds reported $1.73B of Sonic Corp stock for Q1 2016, up 8.3% quarter-over-quarter.
- 28 funds opened new Sonic Corp positions in Q1 2016 and 30 closed out, a net change of -2 holders.
- The largest Sonic Corp buyer in Q1 2016 was RS Investment Management, an estimated $50.7M added.
- The largest Sonic Corp seller in Q1 2016 was Citadel Advisors, an estimated $47.5M sold.
Based on aggregated 13F filings for Q1 2016.