electroCore
ECOR
37 hedge funds and large institutions have $25.7M invested in electroCore in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 13 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.12% less ownership
Funds ownership: 1.05% → 0.93% (-0.12%)
16% less funds holding
Funds holding: 44 → 37 (-7)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
60% less capital invested
Capital invested by funds: $65M → $25.7M (-$39.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$348K |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$249K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$247K |
| 4 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
+$178K |
| 5 |
Bank of New York Mellon
New York
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.52M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$1.29M |
| 3 |
SCM
Sio Capital Management
New York
|
-$1.21M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$845K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$780K |
ECOR Hedge Fund Activity: Q4 2018 in Review
37 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in electroCore (ECOR) for Q4 2018, worth a combined $25.7M — down 60% from $65M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ECOR and 7 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was State Street, adding an estimated $348K. The largest seller was Lord, Abbett & Co, cutting an estimated $1.52M.
- 37 institutional investors held electroCore (ECOR) as of Q4 2018, down from 44 in Q3 2018.
- Funds reported $25.7M of electroCore stock for Q4 2018, down 60% quarter-over-quarter.
- 7 funds opened new electroCore positions in Q4 2018 and 13 closed out, a net change of -6 holders.
- The largest electroCore buyer in Q4 2018 was State Street, an estimated $348K added.
- The largest electroCore seller in Q4 2018 was Lord, Abbett & Co, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2018.