Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
220 hedge funds and large institutions have $1.54B invested in Sonic Corp in 2015 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 84 increasing their positions, 68 reducing their positions, and 23 closing their positions.
704% more call options, than puts
Call options by funds: $75.1M | Put options by funds: $9.34M
104% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 23
24% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 68
12% more funds holding
Funds holding: 197 → 220 (+23)
7% more capital invested
Capital invested by funds: $1.43B → $1.54B (+$106M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$30.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$20.4M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$18.6M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$11.6M |
| 5 |
Millennium Management
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$68.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$58.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$31.8M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$29.2M |
SONC Hedge Fund Activity: Q1 2015 in Review
220 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q1 2015, worth a combined $1.54B — up 7.4% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SONC positions and 23 closed out — a net gain of 24 holders — while 84 added to existing stakes and 68 trimmed.
The largest buyer was Kornitzer Capital Management, opening a new position worth an estimated $30.2M. The largest seller was RS Investment Management, exiting entirely with an estimated $68.2M sold.
- 220 institutional investors held Sonic Corp (SONC) as of Q1 2015, up from 197 in Q4 2014.
- Funds reported $1.54B of Sonic Corp stock for Q1 2015, up 7.4% quarter-over-quarter.
- 47 funds opened new Sonic Corp positions in Q1 2015 and 23 closed out, a net change of +24 holders.
- The largest Sonic Corp buyer in Q1 2015 was Kornitzer Capital Management, an estimated $30.2M added.
- The largest Sonic Corp seller in Q1 2015 was RS Investment Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q1 2015.