ELECTRO RENT CORP
ELRC
ELRC was delisted on the 10th of August, 2016.
81 hedge funds and large institutions have $195M invested in ELECTRO RENT CORP in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 7 closing their positions.
4% less funds holding
Funds holding: 84 → 81 (-3)
20% less capital invested
Capital invested by funds: $242M → $195M (-$47.7M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$502K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$430K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$165K |
| 4 |
First Eagle Investment Management
New York
|
+$119K |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$2.43M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$567K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$514K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$386K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
76
Ground Swell Capital
Folly Beach,
South Carolina
| $6K | +$5.69K | +372 | +376% |
|
|
WA
77
WFG Advisors
Dallas,
Texas
| $3K | -$4.94K | -323 | -60% |
|
|
DA
78
Denali Advisors
San Diego,
California
| $2K | +$1.88K | +123 | New |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $149 | -$7.78K | -509 | -4% |
|
|
PP
81
Paloma Partners
Greenwich,
Connecticut
| – | -$203K | -12,138 | Closed |
|
82
Nomura Holdings
Tokyo,
Japan
| – | -$187K | -11,289 | Closed |
|
83
Millennium Management
New York
| – | -$181K | -10,810 | Closed |
|
|
GAM
84
Gotham Asset Management
New York
| – | -$179K | -10,709 | Closed |
|
|
PGIM
85
Pacific Global Investment Management
Glendale,
California
| – | -$173K | -10,318 | Closed |
|
86
First Trust Advisors
Wheaton,
Illinois
| – | -$170K | -10,179 | Closed |
|
|
VFA
87
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$23K | -1,400 | Closed |
|
88
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7.09K | -464 | -97% |
|
ELRC Hedge Fund Activity: Q3 2014 in Review
81 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ELECTRO RENT CORP (ELRC) for Q3 2014, worth a combined $195M — down 20% from $242M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ELRC and 5 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 23 added.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $502K. The largest seller was Norges Bank, cutting an estimated $2.43M.
- 81 institutional investors held ELECTRO RENT CORP (ELRC) as of Q3 2014, down from 84 in Q2 2014.
- Funds reported $195M of ELECTRO RENT CORP stock for Q3 2014, down 20% quarter-over-quarter.
- 5 funds opened new ELECTRO RENT CORP positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest ELECTRO RENT CORP buyer in Q3 2014 was Pacific Ridge Capital Partners, an estimated $502K added.
- The largest ELECTRO RENT CORP seller in Q3 2014 was Norges Bank, an estimated $2.43M sold.
Based on aggregated 13F filings for Q3 2014.