Sonic Corp
SONC
SONC was delisted on the 6th of December, 2018.
184 hedge funds and large institutions have $1.23B invested in Sonic Corp in 2017 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 45 increasing their positions, 78 reducing their positions, and 18 closing their positions.
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
65% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $9.29M
14% more funds holding
Funds holding: 161 → 184 (+23)
2% more capital invested
Capital invested by funds: $1.2B → $1.23B (+$27.6M)
42% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$13.1M |
| 2 |
Millennium Management
New York
|
+$11.5M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.35M |
| 4 |
Renaissance Technologies
New York
|
+$5.12M |
| 5 |
SC
Samlyn Capital
New York
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$28.3M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$20.6M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$10.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.1M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$8.32M |
SONC Hedge Fund Activity: Q4 2017 in Review
184 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q4 2017, worth a combined $1.23B — up 2.3% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SONC positions and 18 closed out — a net gain of 23 holders — while 45 added to existing stakes and 78 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $13.1M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $28.3M sold.
- 184 institutional investors held Sonic Corp (SONC) as of Q4 2017, up from 161 in Q3 2017.
- Funds reported $1.23B of Sonic Corp stock for Q4 2017, up 2.3% quarter-over-quarter.
- 41 funds opened new Sonic Corp positions in Q4 2017 and 18 closed out, a net change of +23 holders.
- The largest Sonic Corp buyer in Q4 2017 was Atlanta Capital Management, an estimated $13.1M added.
- The largest Sonic Corp seller in Q4 2017 was Westfield Capital Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2017.