Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
185 hedge funds and large institutions have $1.33B invested in Sonic Corp in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 40 increasing their positions, 77 reducing their positions, and 26 closing their positions.
54% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $11.6M
50% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 26
24% more capital invested
Capital invested by funds: $1.07B → $1.33B (+$258M)
7% more funds holding
Funds holding: 173 → 185 (+12)
48% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.5M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$8.57M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$6.82M |
| 4 |
Squarepoint
New York
|
+$2.35M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$28.9M |
| 2 |
O
OppenheimerFunds
New York
|
-$22.7M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$12.4M |
| 4 |
JP Morgan Chase
New York
|
-$10.3M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$9.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$257K | -9,219 | Closed |
|
202
Group One Trading
Chicago,
Illinois
| – | -$226K | -8,127 | Closed |
|
|
APP
203
Avantax Planning Partners
Dubuque,
Iowa
| – | -$3K | -100 | Closed |
|
|
IA
204
IFP Advisors
Tampa,
Florida
| – | -$2K | -57 | Closed |
|
|
RCAG
205
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$1K | -34 | Closed |
|
|
SFM
206
Signet Financial Management
Parsippany,
New Jersey
| – | -$1K | -33 | Closed |
|
SONC Hedge Fund Activity: Q2 2018 in Review
185 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q2 2018, worth a combined $1.33B — up 24% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SONC positions and 26 closed out — a net gain of 13 holders — while 40 added to existing stakes and 77 trimmed.
The largest buyer was Invesco, adding an estimated $10.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $28.9M.
- 185 institutional investors held Sonic Corp (SONC) as of Q2 2018, up from 173 in Q1 2018.
- Funds reported $1.33B of Sonic Corp stock for Q2 2018, up 24% quarter-over-quarter.
- 39 funds opened new Sonic Corp positions in Q2 2018 and 26 closed out, a net change of +13 holders.
- The largest Sonic Corp buyer in Q2 2018 was Invesco, an estimated $10.5M added.
- The largest Sonic Corp seller in Q2 2018 was T. Rowe Price Associates, an estimated $28.9M sold.
Based on aggregated 13F filings for Q2 2018.