Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
193 hedge funds and large institutions have $1.2B invested in Sonic Corp in 2016 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 52 increasing their positions, 81 reducing their positions, and 37 closing their positions.
2% less capital invested
Capital invested by funds: $1.22B → $1.2B (-$19.6M)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
2% less funds holding
Funds holding: 196 → 193 (-3)
36% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 81
41% less call options, than puts
Call options by funds: $5.69M | Put options by funds: $9.65M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.9M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$21.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$19.8M |
| 4 |
Millennium Management
New York
|
+$19.3M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$95.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.1M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$16.8M |
| 5 |
Two Sigma Investments
New York
|
-$15.4M |
SONC Hedge Fund Activity: Q4 2016 in Review
193 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q4 2016, worth a combined $1.2B — down 1.6% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SONC and 36 opened new positions — a net loss of 1 holder — while 81 trimmed existing stakes and 52 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $44.9M. The largest seller was Chilton Investment Company, cutting an estimated $95.4M.
- 193 institutional investors held Sonic Corp (SONC) as of Q4 2016, down from 196 in Q3 2016.
- Funds reported $1.2B of Sonic Corp stock for Q4 2016, down 1.6% quarter-over-quarter.
- 36 funds opened new Sonic Corp positions in Q4 2016 and 37 closed out, a net change of -1 holder.
- The largest Sonic Corp buyer in Q4 2016 was T. Rowe Price Associates, an estimated $44.9M added.
- The largest Sonic Corp seller in Q4 2016 was Chilton Investment Company, an estimated $95.4M sold.
Based on aggregated 13F filings for Q4 2016.