Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
161 hedge funds and large institutions have $1.2B invested in Sonic Corp in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 53 reducing their positions, and 28 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 53
10% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $18.7M
6% less funds holding
Funds holding: 172 → 161 (-11)
7% less capital invested
Capital invested by funds: $1.29B → $1.2B (-$90.8M)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$9.04M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.43M |
| 3 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$7.4M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$7.38M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$27.9M |
| 2 |
Two Sigma Investments
New York
|
-$13M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.7M |
| 4 |
AP
AHL Partners
London,
United Kingdom
|
-$10.6M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$8.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Balyasny Asset Management
Chicago,
Illinois
| – | -$300K | -12,321 | Closed |
|
177
Verition Fund Management
Greenwich,
Connecticut
| – | -$307K | -11,595 | Closed |
|
|
PG
178
PEAK6 Group
Chicago,
Illinois
| – | -$272K | -11,161 | Closed |
|
|
BCM
179
Bluefin Capital Management
New York
| – | -$291K | -11,000 | Closed |
|
180
LPL Financial
San Diego,
California
| – | -$288K | -10,885 | Closed |
|
|
GS
181
Gagnon Securities
New York
| – | -$276 | -10,424 | Closed |
|
|
GC
182
Guggenheim Capital
Chicago,
Illinois
| – | -$242K | -9,170 | Closed |
|
|
BCM
183
Bayesian Capital Management
Brooklyn,
New York
| – | -$228K | -8,600 | Closed |
|
|
AG
184
Aperio Group
Sausalito,
California
| – | -$221K | -8,348 | Closed |
|
|
PAM
185
Panagora Asset Management
Boston,
Massachusetts
| – | -$167K | -6,297 | Closed |
|
|
AIM
186
Acrospire Investment Management
Chicago,
Illinois
| – | -$50K | -1,900 | Closed |
|
187
Creative Planning
Overland Park,
Kansas
| – | -$17K | -646 | Closed |
|
|
WAP
188
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | +$414 | +17 | New |
|
SONC Hedge Fund Activity: Q3 2017 in Review
161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q3 2017, worth a combined $1.2B — down 7% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SONC and 20 opened new positions — a net loss of 8 holders — while 53 trimmed existing stakes and 59 added.
The largest buyer was Citadel Advisors, adding an estimated $9.04M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $27.9M sold.
- 161 institutional investors held Sonic Corp (SONC) as of Q3 2017, down from 172 in Q2 2017.
- Funds reported $1.2B of Sonic Corp stock for Q3 2017, down 7% quarter-over-quarter.
- 20 funds opened new Sonic Corp positions in Q3 2017 and 28 closed out, a net change of -8 holders.
- The largest Sonic Corp buyer in Q3 2017 was Citadel Advisors, an estimated $9.04M added.
- The largest Sonic Corp seller in Q3 2017 was Melvin Capital Management, an estimated $27.9M sold.
Based on aggregated 13F filings for Q3 2017.