EarthLink Holdings Corp.
ELNK
ELNK was delisted on the 24th of February, 2017.
145 hedge funds and large institutions have $446M invested in EarthLink Holdings Corp. in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 43 reducing their positions, and 18 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 43
34% more call options, than puts
Call options by funds: $340K | Put options by funds: $253K
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
1% more funds holding
Funds holding: 144 → 145 (+1)
21% less capital invested
Capital invested by funds: $562M → $446M (-$116M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TriOaks Capital Management
New York
|
+$8.94M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$5.96M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.76M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.39M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sandell Asset Management
New York
|
-$22M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$10.2M |
| 3 |
KSC
Kendall Square Capital
San Francisco,
California
|
-$5.1M |
| 4 |
SIS
Sandell Investment Services
New York
|
-$4.63M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.42M |
ELNK Hedge Fund Activity: Q3 2013 in Review
145 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in EarthLink Holdings Corp. (ELNK) for Q3 2013, worth a combined $446M — down 21% from $562M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ELNK positions and 18 closed out — a net gain of 2 holders — while 58 added to existing stakes and 43 trimmed.
The largest buyer was TriOaks Capital Management, adding an estimated $8.94M. The largest seller was Sandell Asset Management, exiting entirely with an estimated $22M sold.
- 145 institutional investors held EarthLink Holdings Corp. (ELNK) as of Q3 2013, up from 144 in Q2 2013.
- Funds reported $446M of EarthLink Holdings Corp. stock for Q3 2013, down 21% quarter-over-quarter.
- 20 funds opened new EarthLink Holdings Corp. positions in Q3 2013 and 18 closed out, a net change of +2 holders.
- The largest EarthLink Holdings Corp. buyer in Q3 2013 was TriOaks Capital Management, an estimated $8.94M added.
- The largest EarthLink Holdings Corp. seller in Q3 2013 was Sandell Asset Management, an estimated $22M sold.
Based on aggregated 13F filings for Q3 2013.