ELECTRO RENT CORP
ELRC
ELRC was delisted on the 10th of August, 2016.
71 hedge funds and large institutions have $199M invested in ELECTRO RENT CORP in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 11 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $195M → $199M (+$4.33M)
12% less funds holding
Funds holding: 81 → 71 (-10)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$883K |
| 2 |
Norges Bank
Oslo,
Norway
|
+$747K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$582K |
| 4 |
Morgan Stanley
New York
|
+$433K |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$1.41M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$745K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$560K |
| 4 |
Bank of New York Mellon
New York
|
-$429K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$412K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$290K | -21,084 | Closed |
|
77
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$179K | -13,000 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$39K | -2,836 | Closed |
|
|
BPBT
79
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$14K | -1,000 | Closed |
|
80
BNP Paribas Financial Markets
Paris,
France
| – | -$11.5K | -836 | Closed |
|
|
WA
81
WFG Advisors
Dallas,
Texas
| – | -$3K | -214 | Closed |
|
ELRC Hedge Fund Activity: Q4 2014 in Review
71 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in ELECTRO RENT CORP (ELRC) for Q4 2014, worth a combined $199M — up 2.2% from $195M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ELRC and 4 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 31 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $883K. The largest seller was Granahan Investment Management, exiting entirely with an estimated $1.41M sold.
- 71 institutional investors held ELECTRO RENT CORP (ELRC) as of Q4 2014, down from 81 in Q3 2014.
- Funds reported $199M of ELECTRO RENT CORP stock for Q4 2014, up 2.2% quarter-over-quarter.
- 4 funds opened new ELECTRO RENT CORP positions in Q4 2014 and 11 closed out, a net change of -7 holders.
- The largest ELECTRO RENT CORP buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $883K added.
- The largest ELECTRO RENT CORP seller in Q4 2014 was Granahan Investment Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2014.