EMULEX CORP
ELX
ELX was delisted on the 4th of May, 2015.
156 hedge funds and large institutions have $522M invested in EMULEX CORP in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 58 reducing their positions, and 29 closing their positions.
559% more call options, than puts
Call options by funds: $2.64M | Put options by funds: $401K
4% less capital invested
Capital invested by funds: $543M → $522M (-$20.8M)
5% less funds holding
Funds holding: 164 → 156 (-8)
12% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 58
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$12.7M |
| 2 |
SFM
Soros Fund Management
New York
|
+$8.82M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.99M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$4.3M |
| 5 |
Millennium Management
New York
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.3M |
| 2 |
PCM
Proxima Capital Management
New York
|
-$10.6M |
| 3 |
EM
Elliott Management
New York
|
-$9.89M |
| 4 |
ACM
Altai Capital Management
West Hollywood,
California
|
-$9.36M |
| 5 |
SV
Starboard Value
New York
|
-$7.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Verition Fund Management
Greenwich,
Connecticut
| – | -$123K | -17,186 | Closed |
|
|
HI
177
HBK Investments
Dallas,
Texas
| – | -$98K | -13,667 | Closed |
|
|
BIG
178
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$98K | -13,642 | Closed |
|
|
WS
179
Wedbush Securities
Los Angeles,
California
| – | -$92K | -12,800 | Closed |
|
180
Jane Street
New York
| – | -$73K | -10,209 | Closed |
|
181
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$43K | -5,997 | Closed |
|
182
Credit Agricole
Montrouge Cedex,
France
| – | -$7K | -1,010 | Closed |
|
|
HRIA
183
Haberer Registered Investment Advisor
Cincinnati,
Ohio
| – | -$4K | -500 | Closed |
|
|
SF
184
Synovus Financial
Columbus,
Georgia
| – | -$1K | -200 | Closed |
|
|
WAM
185
Wolverine Asset Management
Chicago,
Illinois
| – | +$735 | +100 | New |
|
ELX Hedge Fund Activity: Q1 2014 in Review
156 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in EMULEX CORP (ELX) for Q1 2014, worth a combined $522M — down 3.8% from $543M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ELX and 21 opened new positions — a net loss of 8 holders — while 58 trimmed existing stakes and 51 added.
The largest buyer was Opus Capital Group, opening a new position worth an estimated $12.7M. The largest seller was Morgan Stanley, cutting an estimated $13.3M.
- 156 institutional investors held EMULEX CORP (ELX) as of Q1 2014, down from 164 in Q4 2013.
- Funds reported $522M of EMULEX CORP stock for Q1 2014, down 3.8% quarter-over-quarter.
- 21 funds opened new EMULEX CORP positions in Q1 2014 and 29 closed out, a net change of -8 holders.
- The largest EMULEX CORP buyer in Q1 2014 was Opus Capital Group, an estimated $12.7M added.
- The largest EMULEX CORP seller in Q1 2014 was Morgan Stanley, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2014.