ELECTRO RENT CORP
ELRC
ELRC was delisted on the 10th of August, 2016.
74 hedge funds and large institutions have $255M invested in ELECTRO RENT CORP in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 3 closing their positions.
67% more call options, than puts
Call options by funds: $383K | Put options by funds: $230K
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
8% more capital invested
Capital invested by funds: $236M → $255M (+$18.5M)
3% less funds holding
Funds holding: 76 → 74 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.07M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$738K |
| 3 |
JP Morgan Chase
New York
|
+$539K |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$437K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$980K |
| 2 |
RA
Royce & Associates
New York
|
-$971K |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$643K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$582K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$258K | -15,391 | Closed |
|
|
PFO
77
Pathstone Family Office
Englewood,
New Jersey
| – | -$23K | -1,350 | Closed |
|
ELRC Hedge Fund Activity: Q3 2013 in Review
74 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ELECTRO RENT CORP (ELRC) for Q3 2013, worth a combined $255M — up 7.8% from $236M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ELRC and 2 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 33 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $1.07M. The largest seller was Punch & Associates Investment Management, cutting an estimated $980K.
- 74 institutional investors held ELECTRO RENT CORP (ELRC) as of Q3 2013, down from 76 in Q2 2013.
- Funds reported $255M of ELECTRO RENT CORP stock for Q3 2013, up 7.8% quarter-over-quarter.
- 2 funds opened new ELECTRO RENT CORP positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest ELECTRO RENT CORP buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $1.07M added.
- The largest ELECTRO RENT CORP seller in Q3 2013 was Punch & Associates Investment Management, an estimated $980K sold.
Based on aggregated 13F filings for Q3 2013.