Unifirst Corp
260 hedge funds and large institutions have $2.72B invested in Unifirst Corp in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 82 increasing their positions, 98 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more capital invested
Capital invested by funds: $2.34B → $2.72B (+$371M)
6% more funds holding
Funds holding: 245 → 260 (+15)
1.96% less ownership
Funds ownership: 101.5% → 99.54% (-2%)
16% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 98
33% less call options, than puts
Call options by funds: $251K | Put options by funds: $376K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$30.6M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$29.2M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$22.7M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$17.7M |
| 5 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$72M |
| 2 |
Neuberger Berman Group
New York
|
-$68.8M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$12.1M |
| 4 |
JP Morgan Chase
New York
|
-$10.3M |
| 5 |
Alkeon Capital Management
New York
|
-$9.06M |
UNF Hedge Fund Activity: Q2 2020 in Review
260 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Unifirst Corp (UNF) for Q2 2020, worth a combined $2.72B — up 16% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new UNF positions and 23 closed out — a net gain of 16 holders — while 82 added to existing stakes and 98 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $30.6M. The largest seller was Victory Capital Management, cutting an estimated $72M.
- 260 institutional investors held Unifirst Corp (UNF) as of Q2 2020, up from 245 in Q1 2020.
- Funds reported $2.72B of Unifirst Corp stock for Q2 2020, up 16% quarter-over-quarter.
- 39 funds opened new Unifirst Corp positions in Q2 2020 and 23 closed out, a net change of +16 holders.
- The largest Unifirst Corp buyer in Q2 2020 was River Road Asset Management, an estimated $30.6M added.
- The largest Unifirst Corp seller in Q2 2020 was Victory Capital Management, an estimated $72M sold.
Based on aggregated 13F filings for Q2 2020.