Sonic Corp
SONC
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.
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: 208 → 204 (-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: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
+$22.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.7M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$13.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$13.2M |
| 5 |
Morgan Stanley
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$20.6M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$19.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$15.4M |
| 5 |
TA
Teachers Advisors
New York
|
-$13.5M |
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.