ELECTRO RENT CORP
ELRC
ELRC was delisted on the 10th of August, 2016.
82 hedge funds and large institutions have $154M invested in ELECTRO RENT CORP in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
15% more funds holding
Funds holding: 71 → 82 (+11)
22% less capital invested
Capital invested by funds: $199M → $154M (-$44.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.93M |
| 2 |
Morgan Stanley
New York
|
+$1.94M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.65M |
| 4 |
Renaissance Technologies
New York
|
+$1.32M |
| 5 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$13.4M |
| 2 |
RA
Royce & Associates
New York
|
-$3.75M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$3.02M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.34M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$2.28M |
ELRC Hedge Fund Activity: Q1 2015 in Review
82 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ELECTRO RENT CORP (ELRC) for Q1 2015, worth a combined $154M — down 22% from $199M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ELRC positions and 7 closed out — a net gain of 11 holders — while 31 added to existing stakes and 17 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $4.93M. The largest seller was Heartland Advisors, cutting an estimated $13.4M.
- 82 institutional investors held ELECTRO RENT CORP (ELRC) as of Q1 2015, up from 71 in Q4 2014.
- Funds reported $154M of ELECTRO RENT CORP stock for Q1 2015, down 22% quarter-over-quarter.
- 18 funds opened new ELECTRO RENT CORP positions in Q1 2015 and 7 closed out, a net change of +11 holders.
- The largest ELECTRO RENT CORP buyer in Q1 2015 was Wasatch Advisors, an estimated $4.93M added.
- The largest ELECTRO RENT CORP seller in Q1 2015 was Heartland Advisors, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2015.