Chembio diagnostics, Inc.
CEMI
CEMI was delisted on the 27th of April, 2023.
26 hedge funds and large institutions have $27.5M invested in Chembio diagnostics, Inc. in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 5 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
22% more capital invested
Capital invested by funds: $22.5M → $27.5M (+$4.94M)
10% less funds holding
Funds holding: 29 → 26 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
ARS Investment Partners
New York
|
+$4.3M |
| 2 |
ACP
Acuta Capital Partners
Redwood City,
California
|
+$2.63M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$339K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$232K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NJBEST
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
|
-$326K |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$163K |
| 3 |
TAM
Taurus Asset Management
New York
|
-$34.6K |
| 4 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$11.9K |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$8.31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
Wasatch Advisors
Salt Lake City,
Utah
| – | -$163K | -22,068 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -1,000 | Closed |
|
28
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$5K | -724 | Closed |
|
|
GC
29
Globeflex Capital
San Diego,
California
| – | -$1K | -103 | Closed |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$706 | -102 | -51% |
|
CEMI Hedge Fund Activity: Q4 2016 in Review
26 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Chembio diagnostics, Inc. (CEMI) for Q4 2016, worth a combined $27.5M — up 22% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEMI and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was ARS Investment Partners, opening a new position worth an estimated $4.3M. The largest seller was New Jersey Better Educational Savings Trust, cutting an estimated $326K.
- 26 institutional investors held Chembio diagnostics, Inc. (CEMI) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $27.5M of Chembio diagnostics, Inc. stock for Q4 2016, up 22% quarter-over-quarter.
- 3 funds opened new Chembio diagnostics, Inc. positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest Chembio diagnostics, Inc. buyer in Q4 2016 was ARS Investment Partners, an estimated $4.3M added.
- The largest Chembio diagnostics, Inc. seller in Q4 2016 was New Jersey Better Educational Savings Trust, an estimated $326K sold.
Based on aggregated 13F filings for Q4 2016.