Ennis
EBF
121 hedge funds and large institutions have $346M invested in Ennis in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 17 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.68% less ownership
Funds ownership: 80.39% → 79.71% (-0.68%)
6% less funds holding
Funds holding: 129 → 121 (-8)
7% less capital invested
Capital invested by funds: $373M → $346M (-$26.9M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.87M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$2.06M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$1.68M |
| 4 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$1.5M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$6.85M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.32M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$2.19M |
| 4 |
Morgan Stanley
New York
|
-$2.16M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Acadian Asset Management
Boston,
Massachusetts
| – | -$1.05M | -59,557 | Closed |
|
|
GAM
127
Garrison Asset Management
Fayetteville,
Arkansas
| – | -$1.03M | -58,162 | Closed |
|
128
Millennium Management
New York
| – | -$825K | -46,603 | Closed |
|
|
SCA
129
Secor Capital Advisors
New York
| – | -$586K | -33,110 | Closed |
|
130
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$524K | -29,600 | Closed |
|
|
HCM
131
Hodges Capital Management
Dallas,
Texas
| – | -$354K | -20,000 | Closed |
|
|
RCM
132
Rotella Capital Management
Bellevue,
Washington
| – | -$320K | -18,092 | Closed |
|
|
TC
133
TFS Capital
West Chester,
Pennsylvania
| – | -$282K | -15,918 | Closed |
|
134
Axa
Paris,
France
| – | -$136K | -7,700 | Closed |
|
|
GT
135
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$26K | -1,500 | Closed |
|
136
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$25K | -1,400 | Closed |
|
|
FNBT
137
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$23K | -1,316 | Closed |
|
138
BNP Paribas Financial Markets
Paris,
France
| – | -$6K | -339 | Closed |
|
EBF Hedge Fund Activity: Q1 2014 in Review
121 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ennis (EBF) for Q1 2014, worth a combined $346M — down 7.2% from $373M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EBF and 11 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 52 added.
The largest buyer was Russell Frank Company, adding an estimated $2.87M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $6.85M sold.
- 121 institutional investors held Ennis (EBF) as of Q1 2014, down from 129 in Q4 2013.
- Funds reported $346M of Ennis stock for Q1 2014, down 7.2% quarter-over-quarter.
- 11 funds opened new Ennis positions in Q1 2014 and 17 closed out, a net change of -6 holders.
- The largest Ennis buyer in Q1 2014 was Russell Frank Company, an estimated $2.87M added.
- The largest Ennis seller in Q1 2014 was Capital Research Global Investors, an estimated $6.85M sold.
Based on aggregated 13F filings for Q1 2014.