Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
196 hedge funds and large institutions have $1.22B invested in Sonic Corp in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 82 reducing their positions, and 35 closing their positions.
15% more call options, than puts
Call options by funds: $11M | Put options by funds: $9.56M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $1.27B → $1.22B (-$51M)
4% less funds holding
Funds holding: 204 → 196 (-8)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
27% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$105M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$22M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$17.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$27.5M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$24.8M |
| 3 |
SC
Samlyn Capital
New York
|
-$18.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.3M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$16.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
226
WFG Advisors
Dallas,
Texas
| – | -$55K | -2,045 | Closed |
|
|
SBL
227
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$10K | -495 | Closed |
|
|
CG
228
Cutler Group
San Francisco,
California
| – | -$7.74K | -281 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -119 | Closed |
|
|
FNBT
230
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$2K | -59 | Closed |
|
SONC Hedge Fund Activity: Q3 2016 in Review
196 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q3 2016, worth a combined $1.22B — down 4% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SONC and 30 opened new positions — a net loss of 5 holders — while 82 trimmed existing stakes and 60 added.
The largest buyer was Southeastern Asset Management, opening a new position worth an estimated $105M. The largest seller was Invesco, cutting an estimated $27.5M.
- 196 institutional investors held Sonic Corp (SONC) as of Q3 2016, down from 204 in Q2 2016.
- Funds reported $1.22B of Sonic Corp stock for Q3 2016, down 4% quarter-over-quarter.
- 30 funds opened new Sonic Corp positions in Q3 2016 and 35 closed out, a net change of -5 holders.
- The largest Sonic Corp buyer in Q3 2016 was Southeastern Asset Management, an estimated $105M added.
- The largest Sonic Corp seller in Q3 2016 was Invesco, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2016.