Educational Development Corp
EDUC
22 hedge funds and large institutions have $6.44M invested in Educational Development Corp in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
2.22% more ownership
Funds ownership: 22.91% → 25.12% (+2.2%)
2% more capital invested
Capital invested by funds: $6.3M → $6.44M (+$144K)
4% less funds holding
Funds holding: 23 → 22 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
Needham Investment Management
New York
|
+$171K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$39.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.11K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.19K |
| 5 |
BlackRock
New York
|
+$1.73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$90.3K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$40.9K |
| 3 |
Renaissance Technologies
New York
|
-$13K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$22 |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3 |
EDUC Hedge Fund Activity: Q1 2023 in Review
22 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Educational Development Corp (EDUC) for Q1 2023, worth a combined $6.44M — up 2.3% from $6.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of EDUC and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was Needham Investment Management, adding an estimated $171K. The largest seller was Ameriprise, cutting an estimated $90.3K.
- 22 institutional investors held Educational Development Corp (EDUC) as of Q1 2023, down from 23 in Q4 2022.
- Funds reported $6.44M of Educational Development Corp stock for Q1 2023, up 2.3% quarter-over-quarter.
- 1 fund opened new Educational Development Corp positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Educational Development Corp buyer in Q1 2023 was Needham Investment Management, an estimated $171K added.
- The largest Educational Development Corp seller in Q1 2023 was Ameriprise, an estimated $90.3K sold.
Based on aggregated 13F filings for Q1 2023.