Unifirst Corp
186 hedge funds and large institutions have $2.18B invested in Unifirst Corp in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 70 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
7% more capital invested
Capital invested by funds: $2.03B → $2.18B (+$151M)
2% more funds holding
Funds holding: 182 → 186 (+4)
2.1% less ownership
Funds ownership: 100.4% → 98.3% (-2.1%)
11% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 70
96% less call options, than puts
Call options by funds: $9K | Put options by funds: $201K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$38.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
| 4 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$7.25M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$31.8M |
| 2 |
RA
Royce & Associates
New York
|
-$15.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$12.2M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$9.73M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$9.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Teacher Retirement System of Texas
Austin,
Texas
| – | -$219K | -1,664 | Closed |
|
|
PMAM
202
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$79K | -600 | Closed |
|
203
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$14K | -103 | Closed |
|
|
IUHSA
204
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$7K | -50 | Closed |
|
|
DA
205
Denali Advisors
San Diego,
California
| – | -$3K | -25 | Closed |
|
UNF Hedge Fund Activity: Q4 2016 in Review
186 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Unifirst Corp (UNF) for Q4 2016, worth a combined $2.18B — up 7.4% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new UNF positions and 19 closed out — a net gain of 6 holders — while 62 added to existing stakes and 70 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $38.8M. The largest seller was Fiduciary Management Inc, cutting an estimated $31.8M.
- 186 institutional investors held Unifirst Corp (UNF) as of Q4 2016, up from 182 in Q3 2016.
- Funds reported $2.18B of Unifirst Corp stock for Q4 2016, up 7.4% quarter-over-quarter.
- 25 funds opened new Unifirst Corp positions in Q4 2016 and 19 closed out, a net change of +6 holders.
- The largest Unifirst Corp buyer in Q4 2016 was Hennessy Advisors Inc, an estimated $38.8M added.
- The largest Unifirst Corp seller in Q4 2016 was Fiduciary Management Inc, an estimated $31.8M sold.
Based on aggregated 13F filings for Q4 2016.