Unifirst Corp
260 hedge funds and large institutions have $2.71B invested in Unifirst Corp in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 83 increasing their positions, 97 reducing their positions, and 22 closing their positions.
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more capital invested
Capital invested by funds: $2.28B → $2.71B (+$434M)
7% more funds holding
Funds holding: 244 → 260 (+16)
0.78% more ownership
Funds ownership: 98.67% → 99.46% (+0.78%)
14% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 97
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 |
Neuberger Berman Group
New York
|
-$68.8M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$12.1M |
| 3 |
JP Morgan Chase
New York
|
-$10.3M |
| 4 |
Alkeon Capital Management
New York
|
-$9.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.96M |
UNF Hedge Fund Activity: Q2 2020 in Review
260 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Unifirst Corp (UNF) for Q2 2020, worth a combined $2.71B — up 19% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new UNF positions and 22 closed out — a net gain of 17 holders — while 83 added to existing stakes and 97 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $30.6M. The largest seller was Neuberger Berman Group, cutting an estimated $68.8M.
- 260 institutional investors held Unifirst Corp (UNF) as of Q2 2020, up from 244 in Q1 2020.
- Funds reported $2.71B of Unifirst Corp stock for Q2 2020, up 19% quarter-over-quarter.
- 39 funds opened new Unifirst Corp positions in Q2 2020 and 22 closed out, a net change of +17 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 Neuberger Berman Group, an estimated $68.8M sold.
Based on aggregated 13F filings for Q2 2020.