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SONC

Sonic Corp
SONC

Delisted

SONC was delisted on the 6th of December, 2018.

204 hedge funds and large institutions have $1.27B invested in Sonic Corp in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 92 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more call options, than puts

Call options by funds: $12.1M | Put options by funds: $10.3M

9% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 33

2% less funds holding

Funds holding: 208204 (-4)

26% less capital invested

Capital invested by funds: $1.73B → $1.27B (-$456M)

36% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 92

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
204
Holders Change
-4
Holders Change %
-1.92%
% of All Funds
5.44%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
30
Increased
59
Reduced
92
Closed
33
Calls
$12.1M
Puts
$10.3M
Net Calls
+$1.82M
Net Calls Change
+$6.68M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$105M +$5.87M +183,684 +5%
CIC
2
Chilton Investment Company
Connecticut
$101M +$6.91M +216,034 +6%
BFA
3
BlackRock Fund Advisors
California
$81.9M +$270K +8,442 +0.3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$50.3M -$47.7K -1,493 -0.1%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$49.5M -$5.74M -179,530 -9%
RIM
6
RS Investment Management
California
$43.6M -$2.69M -84,046 -5%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$38.1M -$282K -8,838 -0.6%
Citigroup
8
Citigroup
New York
$34.9M -$4.28M -133,833 -9%
RIM
9
Ranger Investment Management
Texas
$33M -$1.66M -51,930 -4%
BIT
10
BlackRock Institutional Trust
California
$32.6M -$667K -20,880 -2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$31M +$16.7M +523,188 +84%
Invesco
12
Invesco
Georgia
$30.2M -$15.4M -482,727 -30%
State Street
13
State Street
Massachusetts
$26.6M -$212K -6,641 -0.7%
O
14
OppenheimerFunds
New York
$26.5M +$10.8M +337,674 +53%
Westfield Capital Management
15
Westfield Capital Management
Massachusetts
$24.8M -$9.69M -303,048 -25%
Morgan Stanley
16
Morgan Stanley
New York
$24M +$12.1M +379,415 +75%
VOYA Investment Management
17
VOYA Investment Management
Georgia
$20.6M +$5.38M +168,372 +28%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$19.2M -$982K -30,711 -4%
SC
19
Samlyn Capital
New York
$18.9M +$22.3M +697,700 New
RCAMU
20
Rothschild & Co Asset Management US
Connecticut
$18.4M -$2.91M -91,123 -12%
KCM
21
Kornitzer Capital Management
Kansas
$17.9M -$4.28M -133,795 -17%
Northern Trust
22
Northern Trust
Illinois
$16.4M -$146K -4,552 -0.7%
WRF
23
Waddell & Reed Financial
Kansas
$16.1M
CIP
24
Chartwell Investment Partners
Pennsylvania
$15.7M -$19.1M -597,180 -51%
Deutsche Bank
25
Deutsche Bank
Germany
$15.7M -$1.01M -31,537 -5%

SONC Hedge Fund Activity: Q2 2016 in Review

204 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q2 2016, worth a combined $1.27B — down 26% from $1.73B a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of SONC and 30 opened new positions — a net loss of 3 holders — while 92 trimmed existing stakes and 59 added.

The largest buyer was Samlyn Capital, opening a new position worth an estimated $22.3M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $36.4M sold.

  • 204 institutional investors held Sonic Corp (SONC) as of Q2 2016, down from 208 in Q1 2016.
  • Funds reported $1.27B of Sonic Corp stock for Q2 2016, down 26% quarter-over-quarter.
  • 30 funds opened new Sonic Corp positions in Q2 2016 and 33 closed out, a net change of -3 holders.
  • The largest Sonic Corp buyer in Q2 2016 was Samlyn Capital, an estimated $22.3M added.
  • The largest Sonic Corp seller in Q2 2016 was Lord, Abbett & Co, an estimated $36.4M sold.

Based on aggregated 13F filings for Q2 2016.