Carrols Restaurant Group, Inc.
TAST
TAST was delisted on the 15th of May, 2024.
115 hedge funds and large institutions have $470M invested in Carrols Restaurant Group, Inc. in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 52 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
19% more capital invested
Capital invested by funds: $395M → $470M (+$74.9M)
10% less funds holding
Funds holding: 128 → 115 (-13)
12% less call options, than puts
Call options by funds: $280K | Put options by funds: $319K
17% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 52
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$12.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$7.54M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$3.27M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$2.96M |
| 5 |
HIMCH
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.7M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$3.38M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.77M |
| 4 |
RA
Royce & Associates
New York
|
-$2.49M |
| 5 |
Renaissance Technologies
New York
|
-$2.35M |
TAST Hedge Fund Activity: Q4 2016 in Review
115 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Carrols Restaurant Group, Inc. (TAST) for Q4 2016, worth a combined $470M — up 19% from $395M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TAST and 10 opened new positions — a net loss of 12 holders — while 52 trimmed existing stakes and 43 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $12.6M. The largest seller was JP Morgan Chase, cutting an estimated $3.7M.
- 115 institutional investors held Carrols Restaurant Group, Inc. (TAST) as of Q4 2016, down from 128 in Q3 2016.
- Funds reported $470M of Carrols Restaurant Group, Inc. stock for Q4 2016, up 19% quarter-over-quarter.
- 10 funds opened new Carrols Restaurant Group, Inc. positions in Q4 2016 and 22 closed out, a net change of -12 holders.
- The largest Carrols Restaurant Group, Inc. buyer in Q4 2016 was Cannell Capital, an estimated $12.6M added.
- The largest Carrols Restaurant Group, Inc. seller in Q4 2016 was JP Morgan Chase, an estimated $3.7M sold.
Based on aggregated 13F filings for Q4 2016.