Educational Development Corp
EDUC
30 hedge funds and large institutions have $15.4M invested in Educational Development Corp in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
22% more capital invested
Capital invested by funds: $12.7M → $15.4M (+$2.77M)
20% more funds holding
Funds holding: 25 → 30 (+5)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
16.29% less ownership
Funds ownership: 32.76% → 16.47% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$365K |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$345K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$325K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$165K |
| 5 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$932K |
| 2 |
Millennium Management
New York
|
-$240K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$84K |
| 4 |
SIM
Spark Investment Management
New York
|
-$67K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $2K | +$2.28K | +212 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | -$25.7K | -2,390 | -97% |
|
|
28
Millennium Management
New York
| – | -$240K | -25,628 | Closed |
|
|
PFA
29
Pathway Financial Advisors
South Burlington,
Vermont
| – | -$2K | -250 | Closed |
|
|
DA
30
Denali Advisors
San Diego,
California
| – | -$2K | -178 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$11 | -1 | -50% |
|
32
Barclays
London,
United Kingdom
| – | +$140 | +13 | New |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$150 | +14 | New |
|
EDUC Hedge Fund Activity: Q3 2018 in Review
30 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Educational Development Corp (EDUC) for Q3 2018, worth a combined $15.4M — up 22% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDUC positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $365K. The largest seller was Bridgeway Capital Management, cutting an estimated $932K.
- 30 institutional investors held Educational Development Corp (EDUC) as of Q3 2018, up from 25 in Q2 2018.
- Funds reported $15.4M of Educational Development Corp stock for Q3 2018, up 22% quarter-over-quarter.
- 8 funds opened new Educational Development Corp positions in Q3 2018 and 3 closed out, a net change of +5 holders.
- The largest Educational Development Corp buyer in Q3 2018 was Renaissance Technologies, an estimated $365K added.
- The largest Educational Development Corp seller in Q3 2018 was Bridgeway Capital Management, an estimated $932K sold.
Based on aggregated 13F filings for Q3 2018.