Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
186 hedge funds and large institutions have $1.42B invested in Sonic Corp in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 47 increasing their positions, 70 reducing their positions, and 40 closing their positions.
49% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $13.8M
7% more capital invested
Capital invested by funds: $1.33B → $1.42B (+$87.3M)
5% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 40
1% more funds holding
Funds holding: 185 → 186 (+1)
33% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$51.9M |
| 2 |
Morgan Stanley
New York
|
+$29.4M |
| 3 |
JP Morgan Chase
New York
|
+$23M |
| 4 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$21.6M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$222M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$135M |
| 3 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$20.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$13.1M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$11.9M |
SONC Hedge Fund Activity: Q3 2018 in Review
186 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q3 2018, worth a combined $1.42B — up 6.6% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SONC positions and 40 closed out — a net gain of 2 holders — while 47 added to existing stakes and 70 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $51.9M. The largest seller was Southeastern Asset Management, exiting entirely with an estimated $222M sold.
- 186 institutional investors held Sonic Corp (SONC) as of Q3 2018, up from 185 in Q2 2018.
- Funds reported $1.42B of Sonic Corp stock for Q3 2018, up 6.6% quarter-over-quarter.
- 42 funds opened new Sonic Corp positions in Q3 2018 and 40 closed out, a net change of +2 holders.
- The largest Sonic Corp buyer in Q3 2018 was Fidelity International, an estimated $51.9M added.
- The largest Sonic Corp seller in Q3 2018 was Southeastern Asset Management, an estimated $222M sold.
Based on aggregated 13F filings for Q3 2018.