EarthLink Holdings Corp.
ELNK
ELNK was delisted on the 24th of February, 2017.
165 hedge funds and large institutions have $517M invested in EarthLink Holdings Corp. in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 60 increasing their positions, 45 reducing their positions, and 39 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 45
3% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 39
2% less funds holding
Funds holding: 169 → 165 (-4)
10% less capital invested
Capital invested by funds: $577M → $517M (-$60.3M)
81% less call options, than puts
Call options by funds: $194K | Put options by funds: $1.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.09M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$4.32M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$4.16M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.21M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$10.7M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$6.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.84M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$4.32M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$3.52M |
ELNK Hedge Fund Activity: Q4 2016 in Review
165 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in EarthLink Holdings Corp. (ELNK) for Q4 2016, worth a combined $517M — down 10% from $577M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ELNK and 38 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 60 added.
The largest buyer was Millennium Management, adding an estimated $5.09M. The largest seller was AJO LP, exiting entirely with an estimated $10.7M sold.
- 165 institutional investors held EarthLink Holdings Corp. (ELNK) as of Q4 2016, down from 169 in Q3 2016.
- Funds reported $517M of EarthLink Holdings Corp. stock for Q4 2016, down 10% quarter-over-quarter.
- 38 funds opened new EarthLink Holdings Corp. positions in Q4 2016 and 39 closed out, a net change of -1 holder.
- The largest EarthLink Holdings Corp. buyer in Q4 2016 was Millennium Management, an estimated $5.09M added.
- The largest EarthLink Holdings Corp. seller in Q4 2016 was AJO LP, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2016.