Energy XXI Gulf Coast, Inc. Common Stock
EGC
EGC was delisted on the 18th of October, 2018.
74 hedge funds and large institutions have $295M invested in Energy XXI Gulf Coast, Inc. Common Stock in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
10% more funds holding
Funds holding: 67 → 74 (+7)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
47% less capital invested
Capital invested by funds: $553M → $295M (-$258M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$10M |
| 2 |
Millennium Management
New York
|
+$2.29M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.99M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.66M |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGA
MatlinPatterson Global Advisers
New York
|
-$7.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$6.74M |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$4.6M |
| 4 |
GP
GLG Partners
London,
United Kingdom
|
-$3.32M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$970K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GP
76
GLG Partners
London,
United Kingdom
| – | -$3.32M | -178,815 | Closed |
|
|
77
Invesco
Atlanta,
Georgia
| – | -$970K | -52,212 | Closed |
|
|
GCM
78
GeoSphere Capital Management
Miami Beach,
Florida
| – | -$13K | -40,000 | Closed |
|
|
CI
79
Cigna Investments
Bloomfield,
Connecticut
| – | -$684K | -36,856 | Closed |
|
|
OAM
80
Oxford Asset Management
Oxford,
United Kingdom
| – | -$583K | -31,387 | Closed |
|
|
CSS
81
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$235K | -12,665 | Closed |
|
|
PAM
82
Panagora Asset Management
Boston,
Massachusetts
| – | -$20K | -1,070 | Closed |
|
83
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -88 | Closed |
|
|
PHK
84
Point72 Hong Kong
Hong Kong
| – | -$1K | -77 | Closed |
|
EGC Hedge Fund Activity: Q3 2017 in Review
74 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Energy XXI Gulf Coast, Inc. Common Stock (EGC) for Q3 2017, worth a combined $295M — down 47% from $553M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new EGC positions and 10 closed out — a net gain of 7 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $10M. The largest seller was MatlinPatterson Global Advisers, exiting entirely with an estimated $7.7M sold.
- 74 institutional investors held Energy XXI Gulf Coast, Inc. Common Stock (EGC) as of Q3 2017, up from 67 in Q2 2017.
- Funds reported $295M of Energy XXI Gulf Coast, Inc. Common Stock stock for Q3 2017, down 47% quarter-over-quarter.
- 17 funds opened new Energy XXI Gulf Coast, Inc. Common Stock positions in Q3 2017 and 10 closed out, a net change of +7 holders.
- The largest Energy XXI Gulf Coast, Inc. Common Stock buyer in Q3 2017 was Hotchkis & Wiley Capital Management, an estimated $10M added.
- The largest Energy XXI Gulf Coast, Inc. Common Stock seller in Q3 2017 was MatlinPatterson Global Advisers, an estimated $7.7M sold.
Based on aggregated 13F filings for Q3 2017.