Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
219 hedge funds and large institutions have $1.16B invested in Sonic Corp in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 88 increasing their positions, 70 reducing their positions, and 37 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 70
5% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 37
0% more funds holding
Funds holding: 219 → 219 (0)
19% less capital invested
Capital invested by funds: $1.43B → $1.16B (-$271M)
24% less call options, than puts
Call options by funds: $3.87M | Put options by funds: $5.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$34.5M |
| 2 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$24.1M |
| 3 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$14.7M |
| 4 |
Morgan Stanley
New York
|
+$11.7M |
| 5 |
Two Sigma Investments
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$41M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.6M |
| 4 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$13.6M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$11.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
P
251
Pitcairn
Conshohocken,
Pennsylvania
| – | -$204K | -7,084 | Closed |
|
|
AGM
252
Alpine Global Management
New York
| – | -$159K | -5,513 | Closed |
|
|
CCS
253
Crosspoint Capital Strategies
Orinda,
California
| – | -$154K | -5,352 | Closed |
|
254
Daiwa Securities Group
Tokyo,
Japan
| – | -$55K | -1,900 | Closed |
|
|
WAS
255
Winch Advisory Services
Appleton,
Wisconsin
| – | +$277 | +10 | New |
|
SONC Hedge Fund Activity: Q3 2015 in Review
219 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q3 2015, worth a combined $1.16B — down 19% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SONC positions and 37 closed out — a net gain of 2 holders — while 88 added to existing stakes and 70 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $34.5M. The largest seller was Bank of America, cutting an estimated $41M.
- 219 institutional investors held Sonic Corp (SONC) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $1.16B of Sonic Corp stock for Q3 2015, down 19% quarter-over-quarter.
- 39 funds opened new Sonic Corp positions in Q3 2015 and 37 closed out, a net change of +2 holders.
- The largest Sonic Corp buyer in Q3 2015 was Westfield Capital Management, an estimated $34.5M added.
- The largest Sonic Corp seller in Q3 2015 was Bank of America, an estimated $41M sold.
Based on aggregated 13F filings for Q3 2015.