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SONC

Sonic Corp
SONC

Delisted

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

173 hedge funds and large institutions have $1.07B invested in Sonic Corp in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 67 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $14.1M | Put options by funds: $8.76M

6% less funds holding

Funds holding: 184173 (-11)

13% less capital invested

Capital invested by funds: $1.23B → $1.07B (-$154M)

29% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 31

30% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 67

Holders
173
Holders Change
-11
Holders Change %
-5.98%
% of All Funds
3.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
47
Reduced
67
Closed
31
Calls
$14.1M
Puts
$8.76M
Net Calls
+$5.32M
Net Calls Change
-$691K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
1
Southeastern Asset Management
Tennessee
$162M
BlackRock
2
BlackRock
New York
$127M -$3.5M -137,551 -3%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$122M -$2.03M -79,868 -2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$89.3M +$80.5K +3,162 +0.1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$49.1M -$149K -5,868 -0.3%
Macquarie Group
6
Macquarie Group
Australia
$43.6M +$6.81M +267,786 +18%
WHG
7
Westwood Holdings Group
Texas
$28.2M +$5.12M +201,195 +22%
Citigroup
8
Citigroup
New York
$26.6M +$407K +16,008 +2%
State Street
9
State Street
Massachusetts
$25.7M -$199K -7,837 -0.8%
FAM
10
Fenimore Asset Management
New York
$22.4M +$636K +25,000 +3%
RCAMU
11
Rothschild & Co Asset Management US
Connecticut
$22.1M -$393K -15,435 -2%
O
12
OppenheimerFunds
New York
$20.9M -$2.75M -108,240 -12%
ACM
13
Atlanta Capital Management
Georgia
$20M -$394K -15,467 -2%
Norges Bank
14
Norges Bank
Norway
$17.2M +$6.06M +238,291 +54%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$15.8M -$197K -7,731 -1%
Northern Trust
16
Northern Trust
Illinois
$14.5M -$610K -23,982 -4%
JP Morgan Chase
17
JP Morgan Chase
New York
$13.9M +$1.59M +62,642 +13%
UBS Group
18
UBS Group
Switzerland
$12.9M +$12.4M +485,611 +1,996%
RIM
19
Ranger Investment Management
Texas
$11.6M -$161K -6,320 -1%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$10.9M +$6.16M +242,000 +126%
EVM
21
Eaton Vance Management
Massachusetts
$10.5M +$5.28M +207,482 +100%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$9.72M +$178K +6,978 +2%
Deutsche Bank
23
Deutsche Bank
Germany
$8.99M -$3.33M -130,755 -27%
Ameriprise
24
Ameriprise
Minnesota
$8.13M +$2.95M +116,056 +56%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$8.06M +$1.67M +65,440 +26%

SONC Hedge Fund Activity: Q1 2018 in Review

173 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sonic Corp (SONC) for Q1 2018, worth a combined $1.07B — down 13% from $1.23B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of SONC and 22 opened new positions — a net loss of 9 holders — while 67 trimmed existing stakes and 47 added.

The largest buyer was UBS Group, adding an estimated $12.4M. The largest seller was Brown Advisory, exiting entirely with an estimated $28.5M sold.

  • 173 institutional investors held Sonic Corp (SONC) as of Q1 2018, down from 184 in Q4 2017.
  • Funds reported $1.07B of Sonic Corp stock for Q1 2018, down 13% quarter-over-quarter.
  • 22 funds opened new Sonic Corp positions in Q1 2018 and 31 closed out, a net change of -9 holders.
  • The largest Sonic Corp buyer in Q1 2018 was UBS Group, an estimated $12.4M added.
  • The largest Sonic Corp seller in Q1 2018 was Brown Advisory, an estimated $28.5M sold.

Based on aggregated 13F filings for Q1 2018.