EDGEN GROUP INC CLASS A COM STK
EDG
EDG was delisted on the 20th of November, 2013.
66 hedge funds and large institutions have $91.9M invested in EDGEN GROUP INC CLASS A COM STK in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
30% more capital invested
Capital invested by funds: $70.7M → $91.9M (+$21.2M)
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
8% more funds holding
Funds holding: 61 → 66 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newland Capital Management
New York
|
+$4.13M |
| 2 |
SCM
Suffolk Capital Management
New York
|
+$2.51M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.26M |
| 4 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$1.72M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.92M |
| 2 |
GCM
Goldman Capital Management
New York
|
-$1.47M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.22M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.2M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$1.04M |
EDG Hedge Fund Activity: Q3 2013 in Review
66 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in EDGEN GROUP INC CLASS A COM STK (EDG) for Q3 2013, worth a combined $91.9M — up 30% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EDG positions and 11 closed out — a net gain of 5 holders — while 24 added to existing stakes and 20 trimmed.
The largest buyer was Newland Capital Management, opening a new position worth an estimated $4.13M. The largest seller was Federated Hermes, cutting an estimated $2.92M.
- 66 institutional investors held EDGEN GROUP INC CLASS A COM STK (EDG) as of Q3 2013, up from 61 in Q2 2013.
- Funds reported $91.9M of EDGEN GROUP INC CLASS A COM STK stock for Q3 2013, up 30% quarter-over-quarter.
- 16 funds opened new EDGEN GROUP INC CLASS A COM STK positions in Q3 2013 and 11 closed out, a net change of +5 holders.
- The largest EDGEN GROUP INC CLASS A COM STK buyer in Q3 2013 was Newland Capital Management, an estimated $4.13M added.
- The largest EDGEN GROUP INC CLASS A COM STK seller in Q3 2013 was Federated Hermes, an estimated $2.92M sold.
Based on aggregated 13F filings for Q3 2013.