Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
173 hedge funds and large institutions have $1.22B invested in Sonic Corp in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 38 closing their positions.
1% more capital invested
Capital invested by funds: $1.2B → $1.22B (+$18M)
8% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 62
10% less funds holding
Funds holding: 193 → 173 (-20)
32% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 38
61% less call options, than puts
Call options by funds: $8.62M | Put options by funds: $22.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$134M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$50.4M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$45.2M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$28.8M |
| 5 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$27.6M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
-$23.1M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$18.7M |
| 4 |
Goldman Sachs
New York
|
-$15.6M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$12.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIT
201
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$220K | -8,300 | Closed |
|
202
ProShare Advisors
Bethesda,
Maryland
| – | -$216K | -8,141 | Closed |
|
|
LSCM
203
LaSalle Street Capital Management
Chicago,
Illinois
| – | -$204K | -7,699 | Closed |
|
|
TRCT
204
Tower Research Capital (TRC)
New York
| – | -$132K | -4,983 | Closed |
|
205
Group One Trading
Chicago,
Illinois
| – | -$101K | -3,994 | Closed |
|
|
CTC
206
Central Trust Company
Jefferson City,
Missouri
| – | -$31K | -1,155 | Closed |
|
|
FHA
207
First Horizon Advisors
Memphis,
Tennessee
| – | -$23K | -860 | Closed |
|
|
YWP
208
YorkBridge Wealth Partners
New York
| – | -$10K | -370 | Closed |
|
|
PIA
209
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1.03K | -39 | Closed |
|
|
PFBT
210
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -27 | Closed |
|
SONC Hedge Fund Activity: Q1 2017 in Review
173 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q1 2017, worth a combined $1.22B — up 1.5% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SONC and 26 opened new positions — a net loss of 12 holders — while 62 trimmed existing stakes and 57 added.
The largest buyer was BlackRock, adding an estimated $134M. The largest seller was Millennium Management, cutting an estimated $27.6M.
- 173 institutional investors held Sonic Corp (SONC) as of Q1 2017, down from 193 in Q4 2016.
- Funds reported $1.22B of Sonic Corp stock for Q1 2017, up 1.5% quarter-over-quarter.
- 26 funds opened new Sonic Corp positions in Q1 2017 and 38 closed out, a net change of -12 holders.
- The largest Sonic Corp buyer in Q1 2017 was BlackRock, an estimated $134M added.
- The largest Sonic Corp seller in Q1 2017 was Millennium Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q1 2017.