Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
219 hedge funds and large institutions have $1.43B invested in Sonic Corp in 2015 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 79 increasing their positions, 89 reducing their positions, and 31 closing their positions.
17% more call options, than puts
Call options by funds: $9.24M | Put options by funds: $7.9M
0% less funds holding
Funds holding: 220 → 219 (-1)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
7% less capital invested
Capital invested by funds: $1.54B → $1.43B (-$109M)
11% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 89
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27M |
| 2 |
Millennium Management
New York
|
+$20.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19M |
| 4 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$18M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$41.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$16.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$12.9M |
| 5 |
CCM
Cadian Capital Management
New York
|
-$7.86M |
SONC Hedge Fund Activity: Q2 2015 in Review
219 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q2 2015, worth a combined $1.43B — down 7.1% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SONC and 30 opened new positions — a net loss of 1 holder — while 89 trimmed existing stakes and 79 added.
The largest buyer was Fidelity Investments, adding an estimated $27M. The largest seller was Lord, Abbett & Co, cutting an estimated $41.8M.
- 219 institutional investors held Sonic Corp (SONC) as of Q2 2015, down from 220 in Q1 2015.
- Funds reported $1.43B of Sonic Corp stock for Q2 2015, down 7.1% quarter-over-quarter.
- 30 funds opened new Sonic Corp positions in Q2 2015 and 31 closed out, a net change of -1 holder.
- The largest Sonic Corp buyer in Q2 2015 was Fidelity Investments, an estimated $27M added.
- The largest Sonic Corp seller in Q2 2015 was Lord, Abbett & Co, an estimated $41.8M sold.
Based on aggregated 13F filings for Q2 2015.