EarthLink Holdings Corp.
ELNK
ELNK was delisted on the 24th of February, 2017.
169 hedge funds and large institutions have $577M invested in EarthLink Holdings Corp. in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 70 increasing their positions, 54 reducing their positions, and 24 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
5% less capital invested
Capital invested by funds: $607M → $577M (-$30M)
5% less funds holding
Funds holding: 177 → 169 (-8)
16% less call options, than puts
Call options by funds: $443K | Put options by funds: $528K
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.13M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$3.32M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.72M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.44M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$5.63M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$4.87M |
| 3 |
QI
QS Investors
New York
|
-$3.05M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.93M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.59M |
ELNK Hedge Fund Activity: Q3 2016 in Review
169 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in EarthLink Holdings Corp. (ELNK) for Q3 2016, worth a combined $577M — down 4.9% from $607M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ELNK and 16 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 70 added.
The largest buyer was Numeric Investors, adding an estimated $4.13M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $5.63M sold.
- 169 institutional investors held EarthLink Holdings Corp. (ELNK) as of Q3 2016, down from 177 in Q2 2016.
- Funds reported $577M of EarthLink Holdings Corp. stock for Q3 2016, down 4.9% quarter-over-quarter.
- 16 funds opened new EarthLink Holdings Corp. positions in Q3 2016 and 24 closed out, a net change of -8 holders.
- The largest EarthLink Holdings Corp. buyer in Q3 2016 was Numeric Investors, an estimated $4.13M added.
- The largest EarthLink Holdings Corp. seller in Q3 2016 was McKinley Capital Management, an estimated $5.63M sold.
Based on aggregated 13F filings for Q3 2016.