Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
170 hedge funds and large institutions have $1.14B invested in Sonic Corp in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 72 reducing their positions, and 23 closing their positions.
341% more call options, than puts
Call options by funds: $7.08M | Put options by funds: $1.61M
16% more capital invested
Capital invested by funds: $984M → $1.14B (+$158M)
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
1% less funds holding
Funds holding: 172 → 170 (-2)
31% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$29.8M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$18.6M |
| 3 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
+$16.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.69M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$9.35M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$7.43M |
| 4 |
Morgan Stanley
New York
|
-$4M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.86M |
SONC Hedge Fund Activity: Q1 2014 in Review
170 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q1 2014, worth a combined $1.14B — up 16% from $984M a quarter earlier.
Fund positioning in SONC was balanced in Q1 2014: 23 funds opened new positions, 23 closed out, 50 added to existing stakes and 72 trimmed.
The largest buyer was Lombard Odier Asset Management (USA), opening a new position worth an estimated $29.8M. The largest seller was Fidelity Investments, cutting an estimated $16.8M.
- 170 institutional investors held Sonic Corp (SONC) as of Q1 2014, down from 172 in Q4 2013.
- Funds reported $1.14B of Sonic Corp stock for Q1 2014, up 16% quarter-over-quarter.
- 23 funds opened new Sonic Corp positions in Q1 2014 and 23 closed out, a net change of 0 holders.
- The largest Sonic Corp buyer in Q1 2014 was Lombard Odier Asset Management (USA), an estimated $29.8M added.
- The largest Sonic Corp seller in Q1 2014 was Fidelity Investments, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2014.