ELECTRO RENT CORP
ELRC
ELRC was delisted on the 10th of August, 2016.
87 hedge funds and large institutions have $201M invested in ELECTRO RENT CORP in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
57% more capital invested
Capital invested by funds: $129M → $201M (+$72.9M)
6% more funds holding
Funds holding: 82 → 87 (+5)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$4.14M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.1M |
| 3 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$2.76M |
| 4 |
WIC
Water Island Capital
New York
|
+$2.5M |
| 5 |
SMC
S. Muoio & Co
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$11.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.06M |
| 3 |
Renaissance Technologies
New York
|
-$2.73M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.19M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.99M |
ELRC Hedge Fund Activity: Q2 2016 in Review
87 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in ELECTRO RENT CORP (ELRC) for Q2 2016, worth a combined $201M — up 57% from $129M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ELRC positions and 14 closed out — a net gain of 8 holders — while 25 added to existing stakes and 28 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $4.14M. The largest seller was Ariel Investments, exiting entirely with an estimated $11.7M sold.
- 87 institutional investors held ELECTRO RENT CORP (ELRC) as of Q2 2016, up from 82 in Q1 2016.
- Funds reported $201M of ELECTRO RENT CORP stock for Q2 2016, up 57% quarter-over-quarter.
- 22 funds opened new ELECTRO RENT CORP positions in Q2 2016 and 14 closed out, a net change of +8 holders.
- The largest ELECTRO RENT CORP buyer in Q2 2016 was Allianz Asset Management, an estimated $4.14M added.
- The largest ELECTRO RENT CORP seller in Q2 2016 was Ariel Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2016.