Addus HomeCare
ADUS
71 hedge funds and large institutions have $113M invested in Addus HomeCare in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 16 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
11% less funds holding
Funds holding: 80 → 71 (-9)
36% less capital invested
Capital invested by funds: $178M → $113M (-$64.4M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTC
North Tide Capital
Boston,
Massachusetts
|
+$3.31M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.86M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$1.12M |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$681K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$3.33M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.2M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.2M |
| 4 |
JP Morgan Chase
New York
|
-$1.1M |
| 5 |
Renaissance Technologies
New York
|
-$938K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
76
Oxford Asset Management
Oxford,
United Kingdom
| – | -$197K | -11,454 | Closed |
|
|
NI
77
Numeric Investors
Boston,
Massachusetts
| – | -$184K | -10,700 | Closed |
|
78
Los Angeles Capital Management
Los Angeles,
California
| – | -$174K | -10,100 | Closed |
|
79
Swiss National Bank
Zurich,
Switzerland
| – | -$152K | -9,250 | Closed |
|
|
SGAM
80
Smith Group Asset Management
Dallas,
Texas
| – | -$86K | -4,983 | Closed |
|
81
LSV Asset Management
Chicago,
Illinois
| – | -$27K | -1,600 | Closed |
|
|
BG
82
BlackRock Group
London,
United Kingdom
| – | -$19K | -1,095 | Closed |
|
|
AIM
83
Acrospire Investment Management
Chicago,
Illinois
| – | -$18K | -1,036 | Closed |
|
84
Teacher Retirement System of Texas
Austin,
Texas
| – | -$14K | -813 | Closed |
|
|
GT
85
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -138 | Closed |
|
ADUS Hedge Fund Activity: Q2 2016 in Review
71 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Addus HomeCare (ADUS) for Q2 2016, worth a combined $113M — down 36% from $178M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ADUS and 8 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 35 added.
The largest buyer was North Tide Capital, opening a new position worth an estimated $3.31M. The largest seller was Opus Capital Group, exiting entirely with an estimated $3.33M sold.
- 71 institutional investors held Addus HomeCare (ADUS) as of Q2 2016, down from 80 in Q1 2016.
- Funds reported $113M of Addus HomeCare stock for Q2 2016, down 36% quarter-over-quarter.
- 8 funds opened new Addus HomeCare positions in Q2 2016 and 16 closed out, a net change of -8 holders.
- The largest Addus HomeCare buyer in Q2 2016 was North Tide Capital, an estimated $3.31M added.
- The largest Addus HomeCare seller in Q2 2016 was Opus Capital Group, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2016.