Educational Development Corp
EDUC
29 hedge funds and large institutions have $13.7M invested in Educational Development Corp in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 6 closing their positions.
3.09% more ownership
Funds ownership: 16.47% → 19.55% (+3.1%)
3% less funds holding
Funds holding: 30 → 29 (-1)
11% less capital invested
Capital invested by funds: $15.4M → $13.7M (-$1.76M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.4M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$987K |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$396K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$354K |
| 5 |
Renaissance Technologies
New York
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$153K |
| 2 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
-$151K |
| 3 |
SIM
Spark Investment Management
New York
|
-$79K |
| 4 |
JP Morgan Chase
New York
|
-$71.8K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$63.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$6.03K | +562 | New |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
BBI
28
Baxter Bros Inc
Riverside,
Connecticut
| – | -$151K | -13,161 | Closed |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| – | -$12.9K | -1,205 | -96% |
|
|
PCM
30
Prelude Capital Management
New York
| – | -$5K | -400 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$3.38K | -315 | -92% |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$2K | -212 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | -$11 | -1 | Closed |
|
EDUC Hedge Fund Activity: Q4 2018 in Review
29 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Educational Development Corp (EDUC) for Q4 2018, worth a combined $13.7M — down 11% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EDUC and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 5 added.
The largest buyer was Ameriprise, adding an estimated $1.4M. The largest seller was Acadian Asset Management, cutting an estimated $153K.
- 29 institutional investors held Educational Development Corp (EDUC) as of Q4 2018, down from 30 in Q3 2018.
- Funds reported $13.7M of Educational Development Corp stock for Q4 2018, down 11% quarter-over-quarter.
- 5 funds opened new Educational Development Corp positions in Q4 2018 and 6 closed out, a net change of -1 holder.
- The largest Educational Development Corp buyer in Q4 2018 was Ameriprise, an estimated $1.4M added.
- The largest Educational Development Corp seller in Q4 2018 was Acadian Asset Management, an estimated $153K sold.
Based on aggregated 13F filings for Q4 2018.